lavender06 lavender06
  • 03-02-2022
  • Business
contestada

Figure out if the demand for deli
sandwiches is elastic or inelastic.

Respuesta :

bqtrsa
bqtrsa bqtrsa
  • 03-02-2022

Answer:

Because food is a necessity, it is generally believed that demand for food is relatively price 'inelastic', i.e. changes in price have a relatively small effect on the quantity purchased.

Explanation:

Answer Link

Otras preguntas

A rectangle is inscribed in a circle of radius r. What is the maximum area of the rectangle
Savings accounts typically offer more interest than what type of account?
In general, which of the following is not a critical skill for participating in a sport? a. agility and balance b. endurance and muscle control c. hand-eye coor
What is the area of this figure?
Superman is standing 393m horizontally away from Lois Lane. A villian drops a rock 4 m directly above Lois. I f Superman is to intervene and ctath the brock
True or False. The point (7, 5) lies on the circle centered at the origin and containing the point (5, 2). Justify your answer.
As consumption of a synthetic material increases, the associated negative impacts to Earth required to produce the material increase.
What is the term for something that is accepted as definite or certain to​ occur, despite a lack of​ proof? A. values B. assumption C. bias
A sweater that originally cost $40 is on sale for 10 percent off. What is the amount of the discount? $2 $4 $30 $36
I do not understand how they got this answer. I am stuck on the exponent party- Please see attached