Define elasticity. Give 1 example

Define elasticity. Give 1 example each for an ine/astic good and an elastic good.
1. 1 answer
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Define elasticity. Give 1 example each for an ine/astic good and an elastic good
1. 1 answer
2. 18 views
The demand function for a certain item is x = 35(sqrt(32-p^2))---Evaluate the elasticity at 5. E(5)= I don't know how to find
1. 2 answers
2. asked by Miranda
3. 1,345 views
Lesson 2.01: CellsWhat is an amino acid? Define macromolecule. Define homeostasis. List the organelles in the eukaryotic cell.
1. 1 answer
2. 104 views
The Own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the
1. 1 answer
2. asked by John
3. 693 views
Unit 4: Reading 1 EcosystemsDefine ecology. Define biotic and abiotic factors of the environment. Give an example of each. How
1. 1 answer
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1.calculate the price elasticity of demand when the price was increased from R25 to R40 ? (10)2.is a price increase the correct
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2. asked by Setumbo
3. 997 views
The %increase in price= (7-5)/5x100= 40%The %decrease in quantity=(25-15)/25 x 100= 40% Elasticity=40/40=1,unit elasticity.
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2. asked by nikki
3. 469 views
The price elasticity of betelnut is inelastic. Its respective elasticity measure therfore is?A. EP>1 B. EP=0 C. EP=INFINITY D.
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2. asked by Raven
3. 77 views
Equation: Suppose that the demand of a certain item is x = -0.7 p + 20.Evaluate the elasticity at E = 8. I'm not sure what steps
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2. asked by James
3. 922 views