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Highly unresponsive to changes in some endogenous factor.
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Demand for wine is elastic or inelastic?
Highly elastic.
Is salt an elastic or inelastic product?
Inelastic
How do you determine if a collision was elastic inelastic or perfectly inelastic?
just check momentum before and after and if they're the same then elastic if not then inelastic.
Is bread elastic or inelastic?
Inelastic It is inelastic because it is a necessity, which is a factor that determines price elasticity, bread is a staple diet around the world which makes it a need and therefore a necessity which is inelastic.
What is inelastic?
Inelastic is something which is not flexible. You cannot stretch any inelastic product, whereas you can easily stretch the products which are flexible.There are two types of elasticities in economics.1. Elastic2. inelastic
Demand for wine is elastic or inelastic?
Highly elastic.
If salt is highly inelastic then why wouldn't producers of salt increase their prices?
The price of salt, which is highly inelastic in our economy, WILL NOT change due to other variables, such as one seller raising prices to increase profits or meet new costs. Because... someone else will always be there selling cheap salt. There is a lot of salt, in a lot of places. Hence, its price is inelastic.
What is elastic and inelastic collisions in terms of momentum?
In elastic collisions, both momentum and kinetic energy are conserved. This means that momentum before and after the collision is the same, and the objects bounce off each other without any loss of kinetic energy. In inelastic collisions, momentum is conserved but kinetic energy is not. Some kinetic energy is converted into other forms of energy, such as heat or sound, during the collision.
Is salt an elastic or inelastic product?
Inelastic
What concepts best describe the supply of housing?
Inelastic brainly agrees plus me
How do you determine if a collision was elastic inelastic or perfectly inelastic?
just check momentum before and after and if they're the same then elastic if not then inelastic.
Is bread elastic or inelastic?
Inelastic It is inelastic because it is a necessity, which is a factor that determines price elasticity, bread is a staple diet around the world which makes it a need and therefore a necessity which is inelastic.
What is inelastic?
Inelastic is something which is not flexible. You cannot stretch any inelastic product, whereas you can easily stretch the products which are flexible.There are two types of elasticities in economics.1. Elastic2. inelastic
Is the price and demand for junk food elastic or inelastic?
elastic
Is supply for bar soap inelastic or elastic?
is soap elastic or inelastic supply
If the elasticity equals 0 is demand perfectly elastic or perfectly inelastic?
it is perfectly inelastic
Difference between elastic and inelastic demand?
difference between elastic and inelastic demand
