The matching of the demand as relatively elastic or relatively inelastic can be done as;
- Klaus' demand for orange juice (Relatively elastic)
- Amanda's annual demand for coffee(Relatively elastic)
- Jackson's demand for mystery novels(Relatively inelastic)
- Hermy's demand for Minute Maid orange juice(Relatively inelastic)
- Olivia's daily demand for Starbucks latte(Relatively inelastic)
- Stephen spends a very little part of his income on soda(Relatively elastic)
- Xavier's demand for his economics textbook(Relatively inelastic)
<h3>What is Elasticity of demand?</h3>
Elasticity of demand can be regarded as the variation on the concept of demand.
It should be noted that elastic demand involves change in quantity demanded as a result of change in price.
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It is called the deep ocean or the deep sea. It is found just below the thermocline, and its the coldest place in the ocean. Little light penetrate this layer.
The panel that best describes what happens in this market if there is an increase in the productivity of almond harvesters is Panel (a).
<h3>What is demands?</h3>
Demand is known to be the rate or the quantity of consumers who are known to be readily available or willing and able to buy a given products at any prices in course of a given period of time.
Note that the Demand for any commodity is one that tells that the consumers' need to get the good, their willingness also to pay for it.
Therefore, The panel that best describes what happens in this market if there is an increase in the productivity of almond harvesters is Panel (a) because it is the one among the options that tells us about the increase in productivity.
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Answer:
c because if they are in an improper format, they will not be able to be uploaded
The amount of $700,000 is advisable to be deposited in three different banks for safety of Angelo's money.
<h3>What is a bank deposit?</h3>
A deposit of money made with a bank to earn returns in the form of interest on such money is known as a bank deposit. The banks insure such deposits up to a certain limit, say $250,000.
Angelo can distribute his money into three different banks, with each deposit not exceeding $250,000 to ensure the safety of his bank deposits.
Hence, the way to insure the safety of Angelo's money via bank deposit is aforementioned.
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