vickybikini777
vickybikini777 vickybikini777
  • 09-10-2020
  • History
contestada

How does pure competition demonstrate elasticity?

Respuesta :

Elynr
Elynr Elynr
  • 09-10-2020

Answer:

Sellers are in a purely competitive market and see a perfectly elastic demand. They can sell any quantity of the product at the market price.

Answer Link

Otras preguntas

which of the following statements describes an idea of republicanism​
Write two word problems that can be solved usingthe equation x + 15 = –18.​
Which word best describes the society described in the story? Question 22 options: Free Tolerant Repressive Question 23 (1 point) Which word best describes t
Read the story. Anna asked her mother if she could drive the car to the store herself. Anna’s mom said, "Sure, ten-year-olds drive themselves to the store all
What is the midpoint of the line segment with the endpoints J(-9,-4) and K(7,8)?
sara doesn't know anything about the 1939 Worlds fair. She wants a broad overview. Which type of passage should she read first?
Is it possible for ethanol to oxidize to acetic acid? why?
Describe a strategy to reduce the amount of fossil fuel‘s people use in the United State
The majority of Russians who follow the religion of Islam can be found in the ___________ part of Russia. a. southern b. northern c. eastern d. western
Which qualities show effectiveness at work? In a last few weeks, Steve has stopped (coordinating, chatting, discussing) with his coworkers during work. He takes