subject
History, 06.12.2019 15:31 qmsadler01

If a 10% change in price causes only a 5% change in sales, the elasticity coefficient will be only 1/2. economists would say in this case that demand is

a. elastic
b. static
c. inelastic
d. stable

the answer is c

ansver
Answers: 3

Another question on History

question
History, 21.06.2019 20:10
Which best describes the characteristics of lynchings in the south from 1880 to 1910? a. the number of lynchings in the south increased b. the number of lynchings in the south decreased. c. the number of lynchings in the south stayed the same. od. the number of lynchings in the south equaled the number in the north
Answers: 3
question
History, 22.06.2019 00:50
Uuttuvu v uutc . cuyumlu 6. which has most weakened guatemala's economy? art 1 foreign debt built up in the 1980s ns evidence of continuing rights violations more than three decades of civil war extremely high levels of poverty
Answers: 1
question
History, 22.06.2019 01:30
Which act of the conquistador pizarro was crucial in overthrowing the inca? a. the destruction of the ancient inca city, machu picchu b. the siege of the inca capital near the cuzco valley c. the execution of the last inca ruler, atahualpa d. the unexpected deaths of 3 million inca warriors e. the murder of former inca emperor, huascar
Answers: 1
question
History, 22.06.2019 04:10
How does the balance of trade look different in the us today vs hot it looked in the 70's
Answers: 1
You know the right answer?
If a 10% change in price causes only a 5% change in sales, the elasticity coefficient will be only 1...
Questions
question
Mathematics, 15.07.2019 16:10
question
Mathematics, 15.07.2019 16:10
Questions on the website: 13722363