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What kind of demand is involved when change in price equals to percent change in quantity?
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.
What kind of changes would be expected in the demand of a country that has a growing population?
rise in demand for shelter
What kind of changes would be expected in the demand of the country that has a growing population?
A raise in demand for shelter
What kind of demand is it when price increases?
-_- answer it yourself dork
What kind of relationship does demand have with prices?
the relationship demand has with prices is that when the demand for a product is high the prices go high as well, like gas and food....
In what kind of market is the price demand the most elastic?
Perfect Competition
What kind of demand is involved when change in price equals to percent change in quantity?
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.
What kind of material it is very elastic?
Rubber bands
What kind of deformation leads to deformation?
elastic deformation
What tissue is in leg bone?
A kind of elastic tissue
What is one kind electricity?
Alternate Current is one kind of electricity.
What kind of energy is stored in elastic material?
Thermal Energy
What kind of electricity is lightning?
static electricity
What are the kind of demand?
There are three kinds of demand. 1. price demand 2. Income demand 3. cross demand.
How much does it cost to make a shoe laces?
$7.50 if there the elastic kind
What kind of potential energy is in a stretched spring?
Potential elastic energy
Is elastic a kind of potential energy that is stored in something that can stretch?
yes.
