Wind, solar and hydroelectric systems generate electricity with no associated air pollution emissions. Geothermal and biomass systems emit some air pollutants, through total air emissions are generally much lower than those of coal and natural gas fired power plants.

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3 years ago

Sort the following statements based on whether demand is relatively elastic or relatively inelastic. There are four pairs of sta

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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

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2 years ago