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scoundrel [369]
2 years ago
9

10. What impacts the elasticity of demand?

History
1 answer:
Arlecino [84]2 years ago
4 0

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

hope this helps

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All these were made possible through the vision of Mao Zedong.

<h3>Who was Mao Zedong?</h3>

Mao Zedong, also referred as Chairman Mao, was a Chinese communist revolutionary who was the founder of the People's Republic of China, which he led as the chairman of the Chinese Communist Party from the establishment of the PRC in 1949 until his death in 1976.

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Japan has succeeded in rising above the horrors of the second world war especially from the twin bombing of Hiroshima and Nagasaki in 6th and 9th of August, 1945

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Why are people living longer today than in previous eras
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