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.
rise in demand for shelter
A raise in demand for shelter
-_- answer it yourself dork
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....
Perfect Competition
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.
Rubber bands
elastic deformation
A kind of elastic tissue
Alternate Current is one kind of electricity.
Thermal Energy
static electricity
There are three kinds of demand. 1. price demand 2. Income demand 3. cross demand.
$7.50 if there the elastic kind
Potential elastic energy
yes.