subject
Business, 30.09.2020 04:01 diego481

The elasticity of demand for potatoes is 0.27 (Estimated by the USDA). Explain what this number tells you about the effect of price increases of potatoes. Is the demand elastic or inelastic? Explain factors that contribute to the inelasticity of potatoes.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Diversity is an obstacle all marketers face: true false
Answers: 2
question
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
question
Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
question
Business, 22.06.2019 16:40
Based on what you learned about time management which of these statements are true
Answers: 1
You know the right answer?
The elasticity of demand for potatoes is 0.27 (Estimated by the USDA). Explain what this number tell...
Questions
question
English, 21.11.2020 06:20
question
Arts, 21.11.2020 06:20
question
Computers and Technology, 21.11.2020 06:20
question
Mathematics, 21.11.2020 06:20
question
Mathematics, 21.11.2020 06:20
question
Mathematics, 21.11.2020 06:20
Questions on the website: 13722363