mypastyo mypastyo
  • 04-05-2020
  • History
contestada

How does the elasticity of a good affect its price?

Respuesta :

dingdanghotdog
dingdanghotdog dingdanghotdog
  • 04-05-2020

Answer:

Less elastic price = the price will stay around the same price. More elastic price = a lot of price fluctuation.  

Explanation:

If the good is essential, then its elasticity is less than other non-essential products.

Answer Link

Otras preguntas

are part of your body's inherent immunity to disease.
Sumerian cities were characterized by A. canals, protective walls, and homes made of wood. B. some narrow, unpaved streets, protective walls, and homes made of
What is the sum of 3 sixteen and 2 nines
Are the given lengths 24, 60, 66, sides of a right triangle?
What is tape diagram for a math test plz tell me
What were the step pyramids the Sumerians built called
which dispute with Britain was settled in 1846
(x-4)/(y+2)=5 how do i solve this?
The lowest common multiple of 45 and 66.
Jaiden is writing a report about the structure of the atom. In her report, she says that the atom has three main parts and two subatomic particles. Do you agree