Mathematics, 30.07.2019 20:40 aarionna8
17. determinants of the price elasticity of demand consider some determinants of the price elasticity of demand: . the availability of dose substitutes . whether the good is a necessity or a luxury how broadly you define the market . the time horizon being considered opod without any dosebttutes s ielythave relativelydemand, sinomumers commot ly witch to a shatitite od t the price of the good rises. a good's price elasticity of demand depends in part on how necessary it is relative to other goods. if the following goods are priced approximately the same, which one has the least elastic demand? o diamond necklace o a heart valve for heart attack victims the price elasticity of demand for a good also depends on how you define the good. organize the goods found in the following table by indicating which is ibely co have the most elaspic demand which is wkely to have the least elastic demand, and which will have demand that falls in between categories most elastic in between least elastic merlot wine beverages the price elasticity of demand is also affected by the given time hornzon compared to the short-run demand for oill the demand for ioil in the long run will tend to be elastie
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 13:40
What is the correlation coefficient for the data? don't forget to turn the diagnoisticon (in the catalog menu of the calculator). r = answer (round to the nearest thousandth)
Answers: 1
Mathematics, 21.06.2019 20:20
One of every 20 customers reports poor customer service on your company’s customer satisfaction survey. you have just created a new process that should cut the number of poor customer service complaints in half. what percentage of customers would you expect to report poor service after this process is implemented? 1.) 5% 2.) 10% 3.) 2% 4.) 2.5%
Answers: 1
Mathematics, 21.06.2019 21:30
Ahypothesis is: a the average squared deviations about the mean of a distribution of values b) an empirically testable statement that is an unproven supposition developed in order to explain phenomena a statement that asserts the status quo; that is, any change from what has been c) thought to be true is due to random sampling order da statement that is the opposite of the null hypothesis e) the error made by rejecting the null hypothesis when it is true
Answers: 2
Mathematics, 21.06.2019 23:30
Marking brainliest rewrite the equation x = 65 - 60p by factoring the side that contains the variable p.
Answers: 3
You know the right answer?
17. determinants of the price elasticity of demand consider some determinants of the price elasticit...
Questions
