currency exchange market
What industry is purely elastic
Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation. -Plato
yes the demand curve is perfectly inelastic and horizontal
False
The market supply curve of a product is more price elastic than the supply curve of one of the firms in the market. The reason is that for any given price change, the market quantity response reflects the change in output of all the firms in the market.
What industry is purely elastic
B. Perfectly elastic This is because it is operating in a perfect competitive market
Lots of solids are elastic. Steel, for example. Another one is "elastic".
Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation. -Plato
elastic artery
elastic artery
yes the demand curve is perfectly inelastic and horizontal
Perfect Competition
Purely is the adverb form of purity.An example sentence for you is:It is purely speculation at this stage.
False
Elastic collision.
Elastic potential energy refers to the potential energy stored as a result of deformation of an elastic object. An example of this is a spring, which springs back before it has gained elastic potential energy. After a spring gains elastic potential energy, it will be deformed.