Answer:
A - elastic since many other fast food items could be considered close substitutes.
Explanation:
The price elasticity of demand is how much the demand of the Big Macs will change due to a 1% change in price. Should the elasticity be greater than 1, the Big Macs will be elastic. Should it be less than 1, the Big Macs are inelastic.
Demand elasticity is calculated as the percentage change in quantity demanded divided by a percentage change in price.
Since Big Macs are (i) a luxury good, and (ii) have close substitutes (other burgers available at McDonalds and other fast food stores), we will say their elasticity is greater than 1.
This means that the demand of Big Macs will change due to a 1% increase in price due to the presence of close substitutes.
The North Shore mountains
Answer:
Birds in different areas were exposed to different food sources.
Explanation:Im almost 100 percent this is it.
Answer:
The time that will pass between the feeling and hearing the explosion is 2,86 secs
Explanation:
First, let's calculate the time that the wave takes to travel until the actors feel the explosion:
Now, the time that pass while the actors hear the sound is:
<em>(Remember that the sound speed in the air is 340 m/s on average)</em>
So, the time between the feeling and hearing is 3,23 - 0,37 = 2,86 secs
