isaiahme03 isaiahme03
  • 18-02-2021
  • Business
contestada

If the quantity demanded of a good does not change much when the price change, the good is relatively

Respuesta :

sanjayramesh1027
sanjayramesh1027 sanjayramesh1027
  • 18-02-2021

Answer:

i think the demand can be inelastic, unit elastic, or elastic, and can range from zero to infinity. If the quantity demanded doesn't change when the price changes, the price elasticity of demand is zero and the good as a perfectly inelastic demand.

Explanation:

Answer Link

Otras preguntas

How do you know what particulars are required in a journal entry
Directions: First, IDENTIFY where the pronoun shift takes place. Then, REWRITE the sentence while the revising the incorrect pronoun shift. 1. Whenever I go to
What is one reason historians can rely on government records for accurate historical information?
help with geometry hw
Explain the process of solving an equation for a certain variable.
For a class experiment, Chloe's class weighed a log before and after subjecting it to termites. Before subjecting it to termites, the log weighed 5/6 of a pound
help please!!Question: Determine if the graph above is proportional and select the response with the correct reasoning.A:yes, because it increasesB:yes, because
helppp meeeee!!!! Pleaseeee ​
Max lives Ten-twelfths of a mile away from the park. He wants to jog to the park, but he can only run Six-twelfths of a mile without stopping. Max has determine
consider the following equation x + 6y = 18 determine the missing coordinate in the the ordered pair (3,?) so that it will satisfy the equation.