Your answer will be False, because papyrus is paper, which was back in the early times, and they used papyrus to carry food, but papyrus was not a fruit. According to this text, it says that "The ancient Egyptians used papyrus (which is paper) to make paper, baskets, sandals, mats, rope, blanket, etc." And that is why the answer is false.
Hope this helped!
Nate
Answer:
D. the greater the availability of close substitutes.
Explanation:
Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.
Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.
The correct answer is Independent Samples
Explanation: Independent samples are randomly selected so that changes do not depend on the values of other changes.
Answer: Technology is the recipe for combining land, labor, physical capital, and entrepreneurship to produce a good.
Explanation:
The different factors of production (land, labor, entrepreneurship, and capital) are the inputs required for the production of a good or service.
Technology is a term that has a rather wide meaning and can be applied to describe software, hardware, or a mixture of both employed to organize a manufacturing process. Either way, the technology available is the one that combines the land, the labor, the physical capital, and the entrepreneurship to produce a good.
