milkandcookie6716 milkandcookie6716

21-01-2020
Business

contestada

Within a range of prices, if the coefficient of elasticity of resource demand is greater than one, the resource demand in that range is:________.

Respuesta :

ewomazinoade ewomazinoade

23-01-2020

Answer:

Elastic

Explanation:

Demand is elastic when a small change in price leads to a greater change in the quantity demanded.

The coefficient of elasticity for elastic demand is usually greater than 1.

I hope my answer helps you

Answer Link

Otras preguntas

Andrew paid $10 for a burger. The burgers went in sale and there was a discount of 20%. What was the sale price of the burgers?

what is the sum 7/8 + 3/8 + 1/8

The SeditionFreedomPatriot Act allowed the U.S. government to hunt down, detain, and prosecute alleged terrorists

can solid diffuses? if no or yes then why. please explain in simple words .

Did absalom receive a fair punishment for his crime? why or why not?

The owner s equity division should contain what account(s)? a. 31 P. Woodsley Capital b. 31 P. Woodsley Capital 32 Merchant s Bank c. 31 Merchant s Bank 32 P

In humans body temperature is kept fairly constant by automatic responses controlled by which of the following? A. the hypothalamus B. heart rate C. the skin D.

The Asian Americans settled usually in which location? a. West Coast c. Southwest b. East Coast d. Northwest

Which modernist writer contributed to the Irish literary revival with a collection of stories about Irish experiences? A. Ezra Pound b. d. H. Lawrence C. James

Which cells are responsible for attacking, adhering, engulfing, and digesting foreign bodies? PlateletsPhagocytesErythrocytes