Answer:
The price elasticity of a product shows how many percent the requested quantity changes as the price increases by one percent. In the normal case, the elasticity is a negative number, as demand decreases as the price increases; the reverse is extremely unusual.
In the case of large companies, however, the price elasticity of demand is usually much larger. This is so because not only characteristics such as the quality of the product are weighted, but also the brand itself has a value in itself, which sustains the variations in price. Thus, trendy brands such as Starbucks have an established clientele that will not vary due to small price variations. On the other hand, these companies offer a high variety of products, which liquefy said possibility of falling demand, granting greater elasticity.
Answer:
I'm pretty sure it's a and b. Sorry if I'm wrong.
Answer:
The fertility rate measures the number of births per 1,000 women of childbearing age (ages 15 to 44) occurring in a particular year; birth rates refer to this measure within particular age groups.
Explanation:
It’s 5 because like if u do this and that u get 5
<span>According to the law of demand when price of a good or service goes up the quantity demand will go down. Every increase in price will result in lower demand for the product.</span>
