Answer:
The airlines base the policy on the assumption that the consumer demand is less elastic as time of departure approaches.
Explanation:
Price Elasticity of Demand refers to price sensitivity; i.e. the rate at price changes with demand.
As the purchase and flight departure gets smaller, the arrival rate of the passengers will definitely change.
When the demand of a commodity is less elastic, then it will cause a large changes in price of that commodity to effect a change in quantity consumed.
Answer:
Depression
Explanation:
Depression is a stronger way of recession. It is an expanded recession that can last for years, where economy crashes. Unemployment goes high, real estate goes down.
Depression can last for years and it can cause many side effects. One of them was The Great Depression that happened in 1929 and devastated the US economy.
It has to be a prosperous free market to enhance peace.
Answer: The string would not attach to the plastic.
Explanation: