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How did producing goods represent a change from what existed before?
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What is the formula for price elasticity of demand?
Ed=% Change in quantity demanded/% Change in price=(Q2-Q1)/Q1/(P2-P1)/P1= P1 - Price before change P2 - Price after change Q1 - Quantity before change Q2 - Quantity after change Ed- Price elasticity of demand
Will the euro be accepted in the US?
Change it into dollars before you arrive.
Distinguish between change in demand and change in quantity demanded with the aid of a diagram?
A change(shift) in demand refers to a change in the amount of a product or service demamded in regards to changes in expectations,income,demographics,substitutes and expectations and will cause a "shift" in the demand curve. A change in quantity demanded refers to a change of the inputs(resources required to produce that good or service) required to produce the goods or services being demanded. If the price of producing the good or service changes then the quantity demamded will "change" causing a movement along the demand curve.
You are thinking about setting up a lemonade stand The stand itself costs 200 The ingredients for each cup costs 0.50 What is you fixed cost of running the business?
Fixed costs include all costs that are not subject to change for producing at a higher output. In this question the $200 spent to make the lemonade stand is a fixed cost because its cost does not change in relation to the number of cups sold. On the other hand, the cups represent variable cost, because for every cup sold there is an addition $0.50 charged to the stand, that is to say that cup costs depends on how many cups are produced and sold.
What do economists call a situation in which consumers buy a different quantity than they did before?
a change in demand
What was a challenge for know- nothings elected to office?
producing change in government
How did European change the institution of slavery in Africa?
Slavery existed in African trade long before europeans arrived
What symbol is to represent the change in value?
The symbol that represents change is delta. (It looks like a little triangle before the unit) ..../\..... ../....\..... /____\....
Is gasoline used in engine producing exhaust a chemical change?
It is a chemical change.
If leaves producing oxygen a chemical or physical change?
That would be a chemical change.
What does pre 96 mean?
It means that something was made, or existed, before 1996. 1996 might be the year a law was enacted, or a manufacturer made a major change to their product.
How did the new way of getting food change societies?
They couldn't keep traveling around like they did before they began producing their own food. They had to settle down to store it. Some archaeologists say they put themselves on a sort of "Treadmill". Once they started producing their own food, they couldn't stop.
Is a skunk producing odor physical or chemical change?
chemical
How can you change pitch when producing sound?
tighten or relax the lips
What was a challenge for nothing elected to office?
producing change in government
How did William caxton change the world?
by producing printers in the world........................................
Change producing differences between organisms?
Divergent Evolution
