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Leto [7]
3 years ago
7

When the price elasticity of demand for a good is very elastic, quantity demanded is _____ to a change in price and the demand c

urve is relatively _____. Group of answer choices
Business
1 answer:
meriva3 years ago
3 0

Answer:

1. Responsive

2. Elastic

Explanation:

When the price elasticity of demand for a good is very elastic, quantity demanded is RESPONSIVE to a change in price and the demand curve is relatively ELASTIC.

This is because the price elasticity of demand measures the responsiveness of the quantity demanded to a change in price.

Consequently, as the quantity demanded changes, the demand curve then becomes relatively elastic, by shifting either to the right or left.

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What is sleep pattern?

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Type of employment, Chronic illness and drug/alcohol use they ought to be included in regression since they disturb sleep patterns.

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3 0
2 years ago
If the internal rate of return is used as the discount rate in the net present value calcula-tion, the net present value will be
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If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be  equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.

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4 0
2 years ago
Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a
dalvyx [7]

Answer:

Career portfolio I think

Explanation:

Tell me if I am wrong please.

6 0
3 years ago
Employees have leadership prototypes, which they use to Multiple Choice decide whether a leader is effective based on their perc
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Based on implicit leadership theory, Employees have leadership prototypes, which they use to "<u>decide whether a leader is effective based on their perception of how the leader should look and act."</u>

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Hence, in this case, it is concluded that the correct answer is to "<u>decide whether a leader is effective based on their perception of how the leader should look and act."</u>

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5 0
2 years ago
Which best describes the benefits of renting a home?
AleksandrR [38]

The correct answer is D. None of the above.

All these which are given they are disadvantages of renting.

Some of the advantages of renting a home may determine with the style of living and financial situation of a person.

Some advantages of renting a home may include;

1. Landlord may be responsible for maintenance or any property which needs repair.

2. It is cheaper to rent than to own a house

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5 0
3 years ago
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