0
What else can I help you with?
If the elasticity of demand for a good at a certain price is greater than One we describe demand as?
Variable
Ceteris paribus or all other things held constant is an assumption that has what effect on a demand schedule?
It takes only prices into account.
Using the demand and supply analysis try to describe the recent increase in wheat prices worldwide?
demand and supply analysis try to describe the recent increase in wheat prices worldwide
Does the ceteris paribus assumption affect a demand curve?
It isolates factors and only looks at one cause and effect at a time. This is why the demand curve is a linear equation (straight line). It wouldn't be possible in real life.
Ceteris paribus or all other things held constant is an assumption that has what effects on demand schedule?
It assumes only prices will change. -458 :D
Which is correct farting on demand or on command?
The correct saying is on command on demand is incorrect
Why isn't the concept of supply and demand include in the four fundamental questions faced by all economic systems?
Both laws of supply and demand include topic of prices while all four fundamental questions asked do not
Why isn't the concept of supply and demand included in the four fundamental questions faced by all economic systems?
Both laws of supply and demand include topic of prices while all four fundamental questions asked do not
If the elasticity of demand for a good at a certain price is greater than One we describe demand as?
Variable
What does not describe scarcity?
rarely affects the system of supply and demand
Which does not describe scarcity?
rarely affects the system of supply and demand A+
Ceteris paribus or all other things held constant is an assumption that has what effect on a demand schedule?
It takes only prices into account.
Using the demand and supply analysis try to describe the recent increase in wheat prices worldwide?
demand and supply analysis try to describe the recent increase in wheat prices worldwide
Does the ceteris paribus assumption affect a demand curve?
It isolates factors and only looks at one cause and effect at a time. This is why the demand curve is a linear equation (straight line). It wouldn't be possible in real life.
Ceteris paribus or all other things held constant is an assumption that has what effects on demand schedule?
It assumes only prices will change. -458 :D
What is soft budget constraint?
In organizations, soft budget constraints are used to describe shortages of certain items. It is used to describe that there is an overwhelming demand for a certain product and the demand exceeds the amount of the product being made or manufactured.
What is the relationship between the demand-side and the federal budget deficit?
Describe the relationship between demand-side economics and the federal budget deficit.
