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Salsk061 [2.6K]
3 years ago
13

Question 3 of 10

History
1 answer:
Mars2501 [29]3 years ago
5 0
D. It can make decision making more efficient.
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The graph shows the price of green tea compared to the amount supplied by producers.
Kaylis [27]

<em>The correct answer is: 2. </em>Green tea is inelastic in terms of supply.

The elasticity of the supply of a product measures the variation experienced by the quantities of products supplied by the producers before variations in certain factors of production. In our case, the established factor is the market price of the goods to be produced (green tea), and is called the price elasticity of the offer.

The price elasticity of the supply of a product is calculated as the quotient between the differences in the quantity offered to the market by the producers and the differences in the market price of that product.

In this case, the price elasticity of green tea is 67%. The calculation is done as follows:

  <em> E (%) = (S2-S1) / (P2-P1) = (5-3) / (7-4) = 2/3 = 67% </em>

As this value is less than unity, it is said that the green tea is Inelastic in terms of supplies with respect to the market price.

This means that before increases in the price the quantities supplied by the producers increase in a smaller proportion.


7 0
3 years ago
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How did nativism influence the Chinese exclusion act and discrimination towards new immigrants
lara31 [8.8K]

Nativism contributed to the Act as the Chinese were considered a threat to the economic well-being of the natives. The Chinese were stereotyped as degraded, dangerous, and competitors for jobs and wages. The passage of the act characterized the outcome of years of racial hostility

5 0
3 years ago
1. Fascists differed from Communists because Fascists
inna [77]

Answer:

Fascists differed from Communists because Fascists represented the wealthy and supported a society with classes. - C

7 0
3 years ago
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Why did massachusetts puritans adopt the halfway covenant?
skad [1K]
<span>so that more people would believe in God, but actually more people turned away from God</span>
4 0
4 years ago
The first women police officers were hired in the 1800s as:___________
Ugo [173]

Answer: as prison Matrons

Explanation:

their primary responsibilities were to ensure the well- being of women, children, and girls in jail

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3 years ago
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