True.
A pure market economy requires all property be owned by private individuals and all transactions are free from control or restriction by the government. Since the United States Government does participate in and regulate the economy, the US cannot be "pure market."
Answer:
$950 in 4 weeks
Explanation:
25 x 9.5 = 237.5
237.5 = 950
OR
25hrs times 4 wks is 100hrs
100 x 9.5 = 950
The elasticity of demand is defined as the percentage change in quantity demanded divided by the percentage change in price.
Price elasticity measures the responsiveness of the quantity demanded or supplied of an awesome to a trade in its charge. it's far computed as the percentage change in quantity demanded—or furnished—divided by using the proportion change in rate.
An elastic call for is one wherein the change in quantity demanded because of a trade in charge is huge. An inelastic call for is one in which the trade in amount demanded because of a change in rate is small. The components used right here for computing elasticity.
Fee elasticity of call for is the ratio of the proportion exchange in the amount demanded of a product to the percentage alternate in charge.
Learn more about Price elasticity here: brainly.com/question/24384825
#SPJ4
Answer:
b. have reason to know of the cause of the failure.