markxseryer
markxseryer markxseryer
  • 02-12-2020
  • Social Studies
contestada

Explain whether you think the supply
of the following goods is elastic or inelastic, and why.
(a) hotel rooms (b) taxi rides (c) photographs

Respuesta :

keriaboo15
keriaboo15 keriaboo15
  • 02-12-2020

Answer:

a) Hotel Rooms are inelastic because hotel rooms are fixed in supply and it take large amount of time to expand the number of rooms. (b) Taxi rides are elastic because the ride increase or decrease their duty time according to...

Explanation:

Answer Link

Otras preguntas

explain the fault in our stars in 1 paragraph
which word is the subordinating conjunction in the sentence above?
which state of matter undergoes changes in volume most easily
What is the highest mountain of north africa?
What does Marty's promise to Shiloh show about Marty's character? A. He is trustworthy. B. He is brave. C. He loves animals so much he will do anything to
multiplying using partial products 23×79
Pranav will be 85 years old in fifteen years. How old is he now
How many times larger is 700 than 70
Considering the ending of the short story "Was It a Dream?" what is the author saying about love? Do you think he is right or wrong? In one to two paragraphs, e
What is the importance of the family bond and marrige contracts during the rennesaince