meeshp69 meeshp69

28-05-2024
Social Studies

Answered

Which product would have a low level of elasticity?
О
A. A product that sees a major change in demand based on its price
B. A product that sees falling demand as prices rise
О C. A product that sees rising demand as prices fall
О
D. A product that has steady demand, even as prices change

Answer :

GinnyAnswer GinnyAnswer

28-05-2024

Final answer:

A product with low elasticity has a steady demand despite price changes.

Explanation:

Low elasticity refers to a product with a steady demand, even as prices change. This means that the quantity demanded remains relatively constant regardless of price fluctuations. An example of this could be staple goods like salt or sugar, where consumers still purchase them consistently regardless of price changes.

Learn more about Price Elasticity here:

https://brainly.com/question/36297854

Answer Link

Other Questions

Math is part of our everyday lives. We apply math to many factors that are important in both our personal lives and careers. In all, it’s impossible to move thr

Read the following sentence and identify its type. Since it was the first class, the teacher made the students interact with each other and get to know about o

Select the correct answer.Lars observes a substance to be a solid and to float in water at room temperature [tex]$\left(23^{\circ} C \right)$[/tex]. Based on th

Given the function:[tex]\[ f(x)=\frac{x^2-6x+8}{x+2} \][/tex]1. What is the domain of the function? [tex]\[ (-\infty, -2) \cup (-2, \infty) \][/tex] (

Determine the solution for [tex]x^2 - 3x - 28 \geq 0[/tex].A. [tex][-7, 4][/tex]B. [tex][-4, 7][/tex]C. [tex](-\infty, -4] \text{ or } [7, \infty)[/tex]D. [tex]

Select the best answer for the question.Solve [tex]$15 \times 14$[/tex].A. 210 B. 200 C. 225 D. 120

Volumeof 20 litres of hydrogen chloride [Hcl] wascompletely decomposed to constituent element [hydrogen and chloride]. What are the volume of the constituent el

Think of a typical Tuesday. Complete the table with the activities you do.| Activity | Morning | Afternoon | Evening ||----

Question 6 of 6Make a 3-by-3 logic grid on your own paper. Use it to help you solve the logic puzzle and answer the question given below.Mr. Wilhelm, Mr. Ransic

Meg walks [tex]$2 \, \text{m}$[/tex] from her desk to the teacher's desk. From the teacher's desk, she then walks [tex]$4 \, \text{m}$[/tex] in the opposite dir

Name one economic cost and one noneconomic cost of drilling for oil in Antarctica. List one benefit of drilling in Antarctica.

In an effort to protect themselves, all of the kingdoms of Sumer built __________ outside their cities.A.large moatsB.deep trenchesC.massive wallsD.watch towers

Name one economic cost and one noneconomic cost of drilling for oil in Antarctica. List one benefit of drilling in Antarctica.

A certain bean plant grows 15 % of it's height each day a.express this percent as a decimal b.today after 10 days the plant is 27inches tall. how tall was it ye

Water that travels across land may pick up substance and become ....?

What percent is equal to 3/10

Please help me with this.A rectangular field is 65 meters wide and 105 meters long. Give the length and width of another rectangular field that has the same

Who is Henry ford and Albert Einstein

What is 5r^2 = 80 It says solve each equation with the quadratic formula.

Some similarities between the southeast and northeast region of the United States