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n200080 [17]
3 years ago
10

What does it mean if a product has inelastic demand?

Social Studies
1 answer:
Gnoma [55]3 years ago
5 0

Answer:

A)

Explanation:

Inelastic demand means that the demand would not change as price changes. It generally happens for goods that are non-replacable, with little competition, and other factors (e.g. location, short-run) that make the buyer insensitive to the price.

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Yamanik Unlimited produces and sells 10{,}00010,00010, comma, 000 greeting cards in a competitive market. It has explicit costs
aleksley [76]

Answer:

$14,000

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Calculation for Yamanik Unlimited’s economic profit

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3 years ago
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Patients who may have been uninsured in the past due to previous conditions or a lack of resources now have access to inexpensive health plans through their state's health insurance marketplace. The American Medical Association is dedicated to educating doctors and securing legislative improvements that will make the law better going forward.

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Which computer-based model do psychologists use to explain the learning process in humans?
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The answer is B. Information processing model.
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Read 2 more answers
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