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What has the larger elasticity demand sports illustrated or a magazine?
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sports illustrated
Wiki User
∙ 12y ago
Sports Illustrated likely has a larger elasticity of demand compared to a regular magazine because sports content tends to be more niche and specialized. This means that consumers may be more sensitive to price changes for Sports Illustrated compared to a generic magazine.
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Farmers often find that larger bumper crops ae associated with declines in the gross incomes this suggests that?
the price elasticity of demand for farm products is less than 1
This technique is illustrated by making objects in the foreground larger the objects in the background?
This technique is illustrated by making objects in the foreground larger than objects in the background.
What technique is illustrated by makeing objects in the foreground larger than objects in the background?
Relative size is the technique that is illustrated by making objects in the foreground larger than objects in the background.
What is the effect of the elasticity of the arterie on arterial blood?
The elasticity enables the arteries to change their diameter. Smaller means more pressure, larger means lower pressure.
Using the concept of elasticity explain how a tax on gasoline would affect firms and consumers Who would pay the larger burden of the tax?
First, a quick discussion on elasticity of demand:When demand for an item is perfectly elastic, as prices increase the demand for the item decreasesWhen demand for an item is perfectly inelastic as prices increase the demand for the item does not changeIn the real world, few items are perfectly elastic or perfectly inelastic. Gasoline is an interesting item when it comes to elasticity. Gas is nearly perfectly inelastic at some levels of consumption because most people need to use it to get to work. This is starting to change however because as technology develops alternative fuels gas may become much more elastic. At some levels of consumption gas becomes elastic, for example if prices are too high some people will choose to skip a vacation soas not to consume gas.Now to explain elasticity of demand and taxes:When demand is perfectly inelastic, all of the tax will be passed on to the consumer.When demand is perfectly elastic, all of the tax will be passed on to the to the producer.So now to answer the question as to who would pay the larger burden of the tax. Right now (11/2009) gasoline is much more inelastic than it normally is (although it usually is still quite inelastic). For this reason, the majority of the tax on gasoline will be paid by the consumer.
What is the most important determinant of price elasticity of demand?
The price elasticity of demand measures how responsive the quantity demanded of a good is to a change in its price. The value illustrates if the good is relatively elastic (PED is greater than 1) or relatively inelastic (PED is less than 1). A good's PED is determined by numerous factors, these include:Number of substitutes: the larger the number of close substitutes for the good then the easier the household can shift to alternative goods if the price increases. Generally, the larger the number of close substitutes, the more elastic the price elasticity of demand.Degree of necessity: If the good is a necessity item then the demand is unlikely to change for a given change in price. This implies that necessity goods have inelastic price elasticities of demand.Price of the good as a proportion of income: It can be argued that goods that account for a large proportion of disposable income tend to be elastic. This is due to consumers being more aware of small changes in price of expensive goods compared to small changes in the price of inexpensive goods.The following example illustrates how to determine the price elasticity of demand for a good. The price elasticity of demand for supermarket own produced strawberry jam is likely to be elastic. This is because there are a very large number of close substitutes (both in jams and other preserves), and the good is not a necessity item. Therefore, consumers can and will easily respond to a change in price.
How will you relate population to energy demand?
The higher the population, the larger the demand for energy
Is there a larger magazine for the m83 electric airsoft gun?
No
Why would a larger city have a larger demand for water?
larger population which means more activities involving water
What gun can carry 17 bullets?
The Glock 17 comes standard with a 17 round magazine.Any gun that has a magazine that is 17 rounds capacity or larger.
Where can you buy a dirt magazine?
One can buy a Dirt magazine where magazines about mountain biking are sold, for example REI. This magazine will also be found at larger bookstores chains such as Barnes and Noble.
Are magazine articles titles italized?
Yes, magazine article titles are typically italicized to differentiate them from the rest of the text. This helps to signify that the title is part of a larger work, such as a magazine publication.
