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What accurately describes a situation in which consumers have elastic demand?
Wiki User
∙ 6y ago
Ppl give up eating pasta and breadbc they want to lose weight - apex :)
Aisha Wiza
Anonymous
people cannot quit drinking coffee even though they want to cut down on caffeine intake
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Which of the following accuratly describes a situation in which consumers have elastic demand?
People give up eating pasta and bread because they want to lose weight
What describe a situation in which consumers have elastic demand?
Ppl give up eating pasta and breadbc they want to lose weight - apex :)
What goods or services might a tax increase be hardest to pass on to consumers?
a product with elastic demand
What is the difference between price elastic and unit elastic?
Unit elastic - Describes a supply or demand curve which is perfectly responsive to changes in price. That is, the quantity supplied or demanded changes according to the same percentage as the change in price. A curve with an elasticity of 1 is unit elastic.
What is elastic supply?
the situation that exists when quantity supplied changes greatly in response to a change of price.
Which of the following accuratly describes a situation in which consumers have elastic demand?
People give up eating pasta and bread because they want to lose weight
What describe a situation in which consumers have elastic demand?
Ppl give up eating pasta and breadbc they want to lose weight - apex :)
What describes collisions in which there is no energy loss?
Elastic collisions do not lose energy.
What goods or services might a tax increase be hardest to pass on to consumers?
a product with elastic demand
What term describes traction by use of strapping elastic wraps or tape?
Skin
What word best describes the property of the elastic modulus of a material?
stiffness id say
What term best describes the joint at the top of your skull?
Fibrous Joint!! (the joint attaching the jaw to the head is a synovial joint...)
What is the difference between price elastic and unit elastic?
Unit elastic - Describes a supply or demand curve which is perfectly responsive to changes in price. That is, the quantity supplied or demanded changes according to the same percentage as the change in price. A curve with an elasticity of 1 is unit elastic.
What is elastic supply?
the situation that exists when quantity supplied changes greatly in response to a change of price.
What best describes the molecules of an ideal gas?
no volume, no intermolecular force of attraction, perfectly elastic collisions
What happens in the case of a product that has elastic supply when the price decreases?
Consumers switch to other goods. Prices will probably rise, but nobody will buy the good (because it is elastic), so eventually they will fall again.
What Connective tissue fibers forming a branching interwoven framework that is tough but flexible describes what fibers?
Elastic Fibers
