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

what’s The definition of appeal
Define the word atom.
Silica (quartz) is a mineral whereas sandstone is a rock. Why?​
91. Write 0.000387 in scientific notation ​
PLs pls help me!! i need help solving this problem
Find X value.Will rate brainliest for the right ans​
please help me with this question please arrange this it's music​
The perimeter of a rectangle is 64 m and its length is 3 times its width, what is the length of the Rectangle?
Select the correct answer. Is the boxed word a SUBJECT or a VERB? Will we need our driver's licenses for the application? OA. Subject OB. Verb
Which of the following explain why life on Earth can exist? (Select all that apply.) The atmosphere protects the Earth from harmful ultraviolet rays and traps t