What does it mean if a product has inelastic demand?
A. Demand will stay the same even as prices change.
B. Demand will rise, even as prices increase.
C. Demand will vary greatly depending on the price.
D. Demand will fall even as prices decrease.

Answers

Answer 1

Answer:

A)

Explanation:

Inelastic demand means that the demand would not change as price changes. It generally happens for goods that are non-replacable, with little competition, and other factors (e.g. location, short-run) that make the buyer insensitive to the price.

Answer 2

The product has inelastic demand, then  demand will stay the same even as prices change. Thus, option (A) is correct.

What is Inelastic Demand?

The Inelastic Demand refers to the concept in which change in the prices of the commodity initiates the little change or no change in the demand. For example, The essential goods have the inelastic demand.

The product which has inelastic demand will have the demand same as the level of the price changes. Therefore, Thus, option (A) is correct.

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Related Questions

A recently graduated college student is looking for nursing jobs in their home town, and

currently unable to find any. This person is...

Answers

The correct answer to this open question is the following.

Although there are no options attached or further context, we can say the following.

A recently graduated college student is looking for nursing jobs in their home town, and currently unable to find any. This person is actively looking for a job.

This means that this graduated college student is actively doing the following activities.

-He is sending his resume to apply to different positions.

-He is calling a company to ask for an interview.

-He is searching the internet to find job openings.

-Hiring a headhunter service.

-He is asking friends and family members for some help.

Explain why the phrase “the laws of natures and nature’s God” was included in the Declaration of Independence.

Answers

Answer:

Explanation: Quick explanation.  The "laws of nature and of nature's God" entitle the United States to independence. Men are "endowed by their Creator with certain unalienable rights." And the Declaration of Independence contains a theological teaching because the ultimate source of our rights and duties is God.

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Which is stressed most in the advertisement?
1. time
2. quality
3. availability
4. price

Answers

Quality 2.because if ur stressed about money save up then if u are stressed about time take ur time and if u won’t be available for anything cancel until the time ur not available

Catholics do not believe in the teaching sola Schipluid
Select one:
They believe only the Pope is the infallible authority for the Christian faith.
they believe it is not biblically or historically correct
Catholics don't believe in reading the bible.
They're still mad at Martin Luther

Answers

Answer:

B I think

Explanation:

sorry if it isn't correct

The opportunity cost of an item is
A. the number of hours needed to earn money to buy the item
B. what you give up to get that item
C. usually less than the dollar value of the item
D. the dollar value of the item

Answers

The opportunity cost of an item is what you give up to get that item.

The opportunity cost of an item is what you give up to get that item.

What is Opportunity Cost?Opportunity cost is the comparison of one economic choice to the next best choice. These comparisons often arise in finance and economics when trying to decide between investment options.The opportunity cost attempts to quantify the impact of choosing one investment over another.Investors are always faced with options about how to invest their money to receive the highest or safest return. The investor’s opportunity cost represents the cost of a foregone alternative. If you choose one alternative over another, then the cost of choosing that alternative becomes your opportunity cost.A simple way to view opportunity costs is as a trade-off. Trade-offs take place in any decision that requires forgoing one option for another.Opportunity Cost = Return on option not chosen - Return on   option chosen

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The following question is based on your reading of “Heart of Darkness” by Joseph Conrad.

What does Marlow need to repair his wrecked steamer?
a.
Steel plates
c.
Tools
b.
A new boiler
d.
Rivets


Please select the best answer from the choices provided

Answers

Answer:

D) Rivets        

Hope this helped :)

Please help fast! these questions are on the Mystery of the Horse Creek Girl video
1. What old stories from 1880-1890 coincided with the time period that this malnourished girl would have lived? Conversely, what contrast exists between recorded history of the time and this new evidence from the remains?
2. In order to tell the girl’s story, what did the team make a replica of? What tribe did Eli and the team ultimately decide the girl was from and how did they come to this conclusion?
3. Do you think the work that Eli did on this project was valuable? Explain your reasons why/why not.

Answers

Answer:

I only have these so far, please dont copy word for word k.

Explanation:

Discuss the challenge Eli come across as he began his investigation. What item did he use as a starting point?---- They didn't have any historical records from her discovery , or any of the initial coroners reports. They used moccasins that were found on the human remains to use as a starting point.

 

What did the string on the moccasins tell Eli about the time period?--- The string is cotton, not sinew so that helps to date the moccasins. If they were pre-reservation the string would most likely be sinew.

 

 

 

Once Eli moved on to examine the remains themselves, what marks did he decide to investigate further and what clues did the marks uncover? After these clues, explain how the investigation shifted for Eli and why the shift was significant. Eli went to get her teeth examined and analyzed by a professional because they noticed that she had hypoplasia marks on some of her teeth. The analysis showed that she had gotten very sick with something like a viral infection or fever when she was 3 or 4 years old. They also showed that she had a fairly rough diet, and was in her early 20s when she died.

giving the rest of my points, comment sum random

Answers

For what? You did this for what. Periodt

The idea that elected representatives should listen to their constituents' opinions and then use their best judgment to make decisions is called behaving as a

Answers

Answer:

Trustee.

Explanation:

This can be seen to be a form of entrusting a democratic right to a person by a constituency in form of representing them. A trustee is seen to posses a high standard of integrity, honesty and loyalty etc as the case may seem to be. They are also seen to posses a form of selflessness where they are seen to put the interest of who they are representing first before their own priorities. In a bid to have performed exclusively well, they can be seen to be also entrusted with funds that are raised or required for charity and other selfless innovations with them as part of the head or totally heading the movement as the case may be.

Pls help I will give u brain master

Answers

Answer:

pliers

Explanation:

Differentiate between the equator and the prime meridian?​

Answers

Answer:

hope it helps

Explanation:

The Equator and Prime Meridian are circles that stretch all the way around the Earth. The Equator separates the Northern and Southern Hemispheres. ... The Prime Meridian separates the Eastern and Western Hemispheres. The Prime Meridian runs through Greenwich, England and is at 0° longitude.

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