GMCKid6556 GMCKid6556
  • 17-04-2024
  • Business
Answered

The electric company in a city increased its prices by 15% five years ago. Over time more people have purchased efficient appliances or switched to gas, and the demand of electricity in the long run has become more ________. Also in the long run the equilibrium quantity demanded has ________.
1) Responses inelastic; decreased
2) inelastic; decreased
3) elastic; increased
4) elastic; decreased



Answer :

Other Questions

The Modern Era is known for its __________. A. rejection of social values B. technological advances C. social change D. conformity, decorum, and etiquette Pleas
Cause of the English settlers won the war and gained control of most of New England
will cell theory ever become the law of cells?
When deciding on what to wear each day, most people use the decision-making process. true or false
Which shows the equation in slope-intercept form? 8x + 4y = 48 (Points : 5) y = –2x + 12 y = 2x – 12 Question 6.6. Olayinka is participating in a bowl-a-thon to
a shelf is in the shape of a triangle. find the angles of the triangle if the measures of the angles are in the ratio x:x:4x.
who was the first French explorer is reach the mouth of the Mississippi river
where in the cell is atp produced
A very strong base might have a pH of _____.
where in the cell is atp produced