百度试题 题目Demand is inelastic if the price elasticity of demand is 相关知识点: 试题来源: 解析 less than 1.反馈 收藏
Demand is inelastic if the price elasticity of demand is less than 1 (in absolute terms). This means that the percentage change in the quantity... Learn more about this topic: Price Elasticity of Demand | Definition, Formula & Examples ...
A. a large change in quantity demanded results in a small change in price. B. the quantity demanded is very responsive to changes in price. C. the price elasticity of demand is less than 1. D. the price elasticity of demand is greater than 1. ...
The demand for a good is inelastic with respect to price if the price elasticity of demand is: 答案: A.equal to one.B.less than one.C.equal to negative one.D.greater than one.正确答案:less than one. 点击查看答案 你可能感兴趣的试题 不定项选择 最大实体要求充分利用被测要素的尺寸公差来...
athe demand for a good is said to be inelastic (or relatively inelastic) when the PED is less than one (in absolute value): that is, changes in price have a relatively small effect on the quantity of the good demanded. The demand for a good is said to be elastic (or relatively elast...
A product or service has elastic demand when its price elasticity of demand is greater than 1, unit-elastic when price elasticity is 1 and inelastic when the price elasticity is less than 1.Price elasticity of demand measures the responsiveness of quantity demanded to change in price. It is ...
aThis can be broke down as 这可以被划分[translate] aelastic demand, inelastic demand, unitary elastic demand, perfectly elastic demand and perfectly in elastic demand. 弹性需求、无弹性需求、单一的弹性需求,完全弹性需求和完全在弹性需求。[translate]...
Demand is inelastic when the coefficient of elasticity is less than 1. The coefficient is calculated by dividing the percentage change in quantity demanded by ? the percentage change in price. The percentage change for both the numerator and denominator is the change over the range (the arc ...
The demand for a good is inelastic with respect to price if the price elasticity of demand is:A.equal to one.B.less than one.C.equal to negative one.D.greater than one.的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案
The formula for inelastic demand is: Inelastic Demand = % change in the quantity demanded/ % change in price A value less than 1 indicates inelasticity For example, if the price of a good went from $5 to $8 (60%) and the demand went from 100 units to 70 units (30%), the value ...