The matching of the demand as relatively elastic or relatively inelastic can be done as;
- Klaus' demand for orange juice (Relatively elastic)
- Amanda's annual demand for coffee(Relatively elastic)
- Jackson's demand for mystery novels(Relatively inelastic)
- Hermy's demand for Minute Maid orange juice(Relatively inelastic)
- Olivia's daily demand for Starbucks latte(Relatively inelastic)
- Stephen spends a very little part of his income on soda(Relatively elastic)
- Xavier's demand for his economics textbook(Relatively inelastic)
<h3>What is Elasticity of demand?</h3>
Elasticity of demand can be regarded as the variation on the concept of demand.
It should be noted that elastic demand involves change in quantity demanded as a result of change in price.
Learn more about Elasticity of demand
brainly.com/question/26576823
Answer:
Runner A is faster than Runner B.
Runner B had a head start.
Explanation:
Hope i could help
Answer:
5e ³ x+1+2(solution) terms are 5e5e ³ x,1,1, 2.
Explanation:
A term is a single mathematical expression. It may be a single number (positive or negative), a single variable ( a letter ), several variables multiplied but never added or subtracted. Some terms contain variables with a number in front of them. The number in front of a term is called a coefficient. Does it make more sense?
