It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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Answer:
Is this middle school math I believe tha answer is 0.9
Step-by-step explanation:
I did it before pretyy sure thats what it is
88,800÷100=888 because when you are dividing by multiples of 10, the place value always move over to the right depending on how many digits there are.
Answer:
7.536cm^2
Step-by-step explanation:
<span>They are the values of 'x' that make the function zero.
If you graph the function, they are the values of 'x' where the graph
crosses the x-axis.</span>