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dexar [7]
2 years ago
15

describes demand when a given change in price causes a relatively larger change in the quantity demanded

Business
1 answer:
kakasveta [241]2 years ago
4 0
Answer:




Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.
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A. The purchased taxi cabs.
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3 years ago
Canned food available for sale at grocery stores have been subjected to a commercial canning process. If you bought a can of pea
umka21 [38]

Answer:

Three things:

-Under processing before canning

-Spoilage before canning

-entrance of water through can seams during cooling

Explanation:

The preservation process is aimed at reducing the rate of spoilage of food products over time.

When adequately processed a time can be given during which the food product is still not spoilt. For example 1 year from date of canning. After this period there is a high possibility of food spoilage.

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4 0
2 years ago
How does the rate of P2P amongst millennials compare to that of all survey participants? Why do you think millennial usage is so
timurjin [86]

Answer:

Following are the solution to this question:

Explanation:

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4 0
3 years ago
The distribution of hourly sales for a local family owned store is normally distributed with a mean of $225 per hour and a stand
adell [148]

Answer:  

The standard deviation of 75 dollars

Explanation:

Standard deviation, S.D.= 75 dollars; Mean, M= 225 dollars; Mean deviation, D= ?

S.D. = √ D² - M

∴ 75 = √ D² - 225

D² = 75² - 225 = 5625 + 225 = 5950

∴ D = √5950 = 24.4 dollars

From the above, it shows that, the standard deviation of 75 dollars contains the middle 95 percent of hourly sales.

6 0
3 years ago
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Answer:

I used an excel spreadsheet to answer this question.

           

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7 0
3 years ago
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