It will have no effect and cause no change.
Convergent Evolution. A good example of this are creatures that fly, such as birds, bats, and insects. Each of these are unrelated species, yet they all developed wings.
It is the minimum price at which a country can export its good. This kind of regulation helps in protection of national interests.
This is unit elastic demand. Elasticity measures how price responds to a given variable (in this case demand). If prices and demand move at the same rate you have unit elastic demand. Mathematically it means the ratio of price change to demand change is 1.
Yes, in fact, the price elasticity of a good is very useful when deciding on which goods to produce. The more inelastic the good, the more power the producer has in setting the price level of that good. Take, for example, the pharmaceutical industry. Medicine is an inelastic good because no matter what the price is, people will still need the medicine that they purchase. So if a pharmaceutical company has the only product of its kind on the market they have an almost monopolistic control over that particular market and they are able to set almost any price level they wish. In this case, these producers are price setters. If the price of a good is elastic, like milk for example, producers have less control over the market. If the price of milk were to increase, then consumers would substitute away from milk to some other commodity. Therefore, producers in the milk industries are price takers, because they take whatever price is already on the market, and they sell their products for that price. So, for an aspiring entrepreneur, knowing what kind of product is elastic and what kind of product is inelastic is very useful. If they really want to make a good deal of money, it would be wise to choose a product that is relatively inelastic. This was a change in price will not greatly affect the quantity of their good that is sold.
No, there are a good number of them. That is why leaves change colors in the Fall.
The best way to purchase tires for a good price is online. This will require that you know the kind of tire that you require.
I think that Dell is the best kind you good get. But if you are looking for something lower in price but same great quality, HP is also very good.
Why dose this website suck. You type in your qustion and it comes up with a ton of unrelated supjects
You need to give a specific brand, model, and tell what kind of condition it's in to get a good answer.
just make him realise dat he is bad..and kind of brainwash him...
it depends what kind of cell phone and how old it is and what the price is. a old expensive cell phone is not a good buy but a new gently used one is a good buy.
The price for a single room of Castle Hotel in Ireland differs on what kind of single room it is. On average, though, the price is at least three hundred dollars, which is pretty good for a 5 star hotel.