Answer:
B. The elastic portion of a straight-line, downward-sloping demand curve corresponds to the segment above the midpoint.
Explanation:
Elasticity measures the sensitivity of one variable to another. Specifically it is a figure that indicates the percentage variation that a variable will experience in response to a variation of another one percent.
The elasticity of demand measures the reaction of demand when one of the factors that affects it varies.
<u>Elasticity - Price of demand.</u>
easure the sensitivity of the quantity demanded to price variations. It indicates the percentage variation that the quantity demanded of a good will experience if its price rises by 1 percent.
<u>
Elastic Demand
</u>
The demand quantity is relatively sensitive to price variations, so the total expenditure on the product decreases when the price rises, the price elasticity takes value greater than -∞ but less than -1
Temperature can change the state from solid to liquid causing it to melting, liquid to gas causing vaporization or a solid to a gas causing sublimation. Pressure alone cannot change the state of matter.
Krypton ... symbol Kr ... is an element. It's element number 36, because
there are 36 protons in the nucleus of every atom of Krypton.
Krypton has nothing to do with Superman, except that about 75 years ago,
the creators of Superman thought it was a cool-sounding scientific word,
so they chose it for the name of his home planet.
