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What else can I help you with?
Will products that are very important to us and that have no close substitutes have elastic or inelastic demand?
Products that are very important to us and have no close substitutes typically exhibit inelastic demand. This means that consumers will continue to purchase these products even if prices rise, as there are no alternatives available that can satisfy their needs. The necessity and lack of substitutes lead to a smaller change in quantity demanded in response to price changes.
Why is competition important in the US enterprise system?
Competition has, as two of it's results, improved products, and lower prices, both very good things for the consumer.
Is raising beef cattle an important industry in the northeast of US?
Not really. Most of all beef or any kind of livestock products are from the midwest, mainly Nebraska.
Why are most products sold in US made in other countries?
Many products sold in the US are made in other countries, becasue it is cheaper than making them in the US to have them made abroad and pay the cost of transporting them to the US. Howewver, it is not correct to say that most products sold in the US are made abroad.
Why is it important for other countries to buy Canadian products?
It's important because Canada can get products in return and other countries might not have this product and it will cost them to make it.
What is the most important products in the US?
Peanut Butter
How was chemistry was important?
All around us are chemical products.
What are two most important products that plants give us?
Oxygen and food
What important role plays chemistry in society?
All around us are today chemical products.
Why are chemical changed important in your everyday life?
All around us are chemical products, many being artificial.
Why is democracy important to buying product in the US?
Democracy has nothing to do with capitalism, which is the economic system in the US. It would be capitalism that would be important to buying products. While democracy does not hinder economic growth, it does not help it either.
Will products that are very important to us and that have no close substitutes have elastic or inelastic demand?
Products that are very important to us and have no close substitutes typically exhibit inelastic demand. This means that consumers will continue to purchase these products even if prices rise, as there are no alternatives available that can satisfy their needs. The necessity and lack of substitutes lead to a smaller change in quantity demanded in response to price changes.
What are some important products that Libya trades?
there are no important products in Libya or that it trades that is why its unanswered
Why are the end-products of photosynthesis important to us because they provide us with?
End-products of photosynthesis, such as glucose and oxygen, are important to us because glucose is a source of energy for our cells through cellular respiration, and oxygen is necessary for aerobic respiration, the process that releases energy from glucose. Oxygen is also vital for the survival of many organisms, including humans.
Why madam cj walker is important?
Madam CJ Walker is important because if she hadnt started inventing hair products, alot of us would be walking aroung bald.
Why is international trade important to the US?
The import and exporting that the United States participates in provides them with goods and products or makes the country money.
What are several products of photosynthesis that are important to humans?
Oxygen and carbohydrates are products of photosynthesis that are important to humans.
