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Would 5.0 be elastic or inelastic?
5.0 would be elastic. Anything above 1.0 is considered elastic.
What is perfect elastic of demand?
A good's demand is considered perfectly inelastic when that good's demand does not change, no matter the price set. No matter how big or small the price change is. I would pay any price for air.
What are examples of elastic materials?
All materials are elastic to a point. An elastic material is one that returns to its original size and shape when the load that is causing it to bend or stretch, is removed. At some point all materials will exceed their "elastic limit". Mild steel used for building structures is quite elastic if not over loaded. Rubber such as a rubber band is extremely elastic but it also has an elastic limit, and an ultimate strength. Glass is not very elastic and is considered brittle.
If the elasticity is greater than 1 is demand elastic or inelastic If the elasticity equals 0 is demand perfectly elastic or perfectly inelastic?
If the elasticity is greater than 1, demand is considered elastic, meaning that consumers are highly responsive to price changes. Conversely, if the elasticity equals 0, demand is perfectly inelastic, indicating that quantity demanded does not change regardless of price fluctuations. In this case, consumers will purchase the same amount no matter the price.
What factors determine whether a product has elastic, inelastic, or unit-elastic demand in the market?
The factors that determine whether a product has elastic, inelastic, or unit-elastic demand in the market include the availability of substitutes, the necessity of the product, the proportion of income spent on the product, and the time frame considered.
What is matter considered if it returns to its original shape?
elastic
Is the following sentence true or false squeezing and stretching matter involves elastic forces?
True. Squeezing and stretching matter typically involves the activation of elastic forces within the material. These forces allow objects to return to their original shape after being compressed or extended.
What is the property of matter that is elastic?
elasticity
Would 5.0 be elastic or inelastic?
5.0 would be elastic. Anything above 1.0 is considered elastic.
Is it true or false if squeezing and stretching matter involves elastic forces?
True. Squeezing and stretching matter can involve elastic forces, which result from the deformation of the material and its ability to return to its original shape once the force is removed. This behavior is characteristic of elastic materials such as rubber or springs.
What is elastic force that stretches or pulls matter called?
Tension. The force itself is not elastic, but the material being pulled may be.
An elastic force that stretches or pulls on the molecules in matter is?
An elastic force that stretches or pulls on the molecules in matter is known as tension. This force occurs when an object is being stretched or pulled in opposite directions.
Is sponge an elastic material?
No, sponge is not considered an elastic material. Elastic materials have the ability to return to their original shape after being stretched or compressed, while sponge will deform and retain its new shape.
Is elastic force a natural force?
Elastic force is a type of force that opposes deformation in elastic materials, such as springs. It is considered a contact force, not a fundamental natural force like gravity or electromagnetism.
Which matter is more elastic iron or rubberband?
I don'tknow if this is a joke or not, but I'll answer it anyway. Rubberband.
Is oxygen elastic?
Yes, oxygen is considered to be elastic because it can deform and recover its original shape when stress is applied and removed. This property is known as elasticity.
What is perfect elastic of demand?
A good's demand is considered perfectly inelastic when that good's demand does not change, no matter the price set. No matter how big or small the price change is. I would pay any price for air.
