raylynnreece1837 raylynnreece1837

09-03-2020
Physics

contestada

Assume the price of gasoline doubles tonight and remains at that price the next two years. The price elasticity of demand for gasoline measured tomorrow will be ______ when compared with the price elasticity of demand for gasoline measured two years from now.

Respuesta :

12-03-2020

Answer:

more inelastic

Explanation:

Assume the price of gasoline doubles tonight and remains at that price for the next two years. The price elasticity of demand for gasoline measured tomorrow will be more inelastic when compared with the price elasticity of demand for gasoline measured two years from now.

Inelastic refers to the static quantity of a good or service when its price changes.

Answer Link

Otras preguntas

Fill in the blanks to create the lesson question, which is the broad question about gases that Boyle's law answers. You will explore this question in the lab ex

Please help quick due in 20 mins

Celestial Insurance hires college graduates and prepares them for management careers. The human resource professionals who prepare the programs that teach leade

Describe how knowing the column (group) number is a "cheat code" for determining the number and types of bonds that an element can form.

Use page numbers and quotations to write a three-to five-sentence paragraph about one theme from your novel or short story. Remember to include the title and au

How did viewers of the 1959 eruption protect themselves from the heat?

Arab israel war took place in a) 1973b) 1970 c) 1947d) 1960

be an advocate for environment protect the environment through proper solid waste management

write any four factors that may hamper the unity in diversity feature of Nepal and the Nepalese .

onde se aplica o Marketing?