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:
36
Step-by-step explanation:
Answer:
x=28
Step-by-step explanation:
16 + 12 = 28
x=28
this is ez
Answer:
2+32
34
Step-by-step explanation:
First we should multiply before adding after multiplying 8×4 is 32 and add 32+2 then it is 34
Answer:
I'm not sure, but I think they spend 2$ for each
Step-by-step explanation:
The total items they buyed was 45. The total amount of money they spend was 95. 95 divided by 45 is 2.111111111111111111111 . So if you find 2 as one of your options, that's probably it.
