Answer:
The correct answer to the following question will be "3".
Explanation:
The given values are:
Percentage demand,
= 6% i.e., .06
Percentage change in the price,
= 2% i.e., .02
Now,
Own-price elasticity of demand will be:
=
On substituting the estimated values, we get
=
=
May also be conserved, I had this on my test awhile ago and gotten it correct, I forgot why my teacher told me I was right though
Your answer is (A) i.e Following up with some customers!!
Hope its beneficial ^•^
I would help you if you asked!!!! Just always remember someone should have the ability to answer it, so just wait. :)
Many social behaviors of animals are adaptive, meaning that being social ultimately increases an animal's fitness — its lifetime reproductive success. One example of how social behavior is adaptive is aggregation against predators.