Price elasticity of demand is 4 (absolute value), if the price decreases by 1%, the quantity demanded will change
change how?
Describe how to do it

Answers

Answer 1

Answer: 4%

Explanation:

The Price elasticity of demand shows the amount that quantity demanded changes as a result of a change in price.

It is calculated as:

Price Elasticity of Demand = Percentage change in quantity / Percentage change in price

You have two of the above so use those two to find the percentage change in quantity:

Price Elasticity of Demand = Percentage change in quantity / Percentage change in price

4 = Percentage change in quantity / 1

4 * 1% = Percentage change in quantity

Percentage change in quantity = 4%

Quantity demanded increased by 4% as a result of a decrease of 1% in prices.


Related Questions

Mickey joins a guerilla band fighting the governemnt in some far away country. While in leading a squad of insurgents, he orders the death of every inhabitant of a small hamlet reportedly friendly to the government. Mickey is eventually captured and extradited to the Hague to face trial.
The purpose of Mickey's attack on the village was to create a state of extreme fear and dread amongst other villages who might support the government. Under this circumstance, Mickey would be charged with the:________.

Answers

Answer: crime of terrorizing

Explanation:

Terrorism is defined as the use of unlawful violence in order to inculcate fear which is done to intimidate the government or coerce them to agree to certain terms which are usually religious, or political.

Since the purpose of Mickey's attack on the village was to create a state of extreme fear and dread amongst other villages who might support the government, then he'll be charged with crime of terrorizing.

Why did the internet go out in Tumbler Ridge, British Columbia?

A. spotty Wifi

B. storms took out electric

C. beavers chewed through cables

Answers

Answer:

C. beavers chewed through cables

Explanation:

No explanation

problems in proper utilization of water
resources in Nepal​

Answers

Answer:

Thus, there is a lack of capital for the development of water resources in Nepal. Lack of technical manpower: The development of water resource needs high level technology and technical manpower but there is lack of such high level technology and technicians in Nepal.

compare a market in equilibrium with a market in disequilibrium

Answers

Answer:

Compare a market in disequilibrium with market in equilibrium. A market is in disequilibrium when the quantity of a product does not equal the quantity demanded, which leads to either excess demand or excess supply. All prices are flexible and market forces will act and attempt to push the market toward equilibrium.

Explanation:

1. John: The newspaper account of the charges of pedophilia lodged against Father J. Miller, a Catholic priest in our town, should never have been printed. a. The charges are false. b. John is a Catholic. c. Important evidence that would exonerate Father Miller was not mentioned in the newspaper account. d. The town is predominantly Catholic

Answers

Answer: C. Important evidence that would exonerate Father Miller was not mentioned

Explanation:

The media needs to take a lot into account before releasing information to the public, this is because once information are released in the public, they pass a message whether negative or positive to the masses, and this keeps a picture in the minds of the people, especially a lot until there is an information to change the existing. These is familiar in today as everyone wants to trend the most catchy story and end up releasing incomplete stories. The newspaper account of the charges of pedophilia lodged against Father J. Miller, a Catholic priest in our town, should never have been printed because important evidence that would exonerate Father Miller was not mentioned

I will give you brainliest and thanks and 5 stars if its correct :)

Answers

Popular Sovereignty

The power of government comes from people

Common Good

People working together for the good of everyone

Patriotism

To show love for our country

Answer:

Popular Sovereignty = The power from the government comes from people

Common Good = People working together for the good of everyone

Patriotism = To show love of our country

In order to make your way in the world, it is probably a good idea to _____. Select all that apply.

1. know what you believe and why

2. to have a thorough understanding of every religion and every political party in the world

3. to take advantage of educational opportunities both at school and on your own

4.to stay true to who you are as you are now because people cannot take advantage of you

5. to worship in any way you choose

Answers

Answer:

1-Know what you believe and why

4-to stay true to who you are as you are now beccause people cannot take advantage of you

Explanation:

Hope this helps , have a nice day :)

Answer:

-Actually it's

1.) know what you believe and why

and

3.) to take advantage of educational opportunities both at school and on your own

Successfulness of the Competition policy in South Africa ​

Answers

Answer:

The Competition Act was implemented in South Africa to maintain and promote competition in the South African market to promote economic efficiency, adaptability, and development. ... It is a structure which regulates the markets and monopolies in the country. It generally aims in preventing monopoly growth.

Explanation:

Read through the five characteristics of qualitative research again. Based on these characteristics, describe the ways that a qualitative research report will differ from a more traditional experimental report prepared in accepted American Psychological Association (APA) format

Answers

Answer and Explanation:

Some of the characteristics of qualitative research include:

1. Natural setting

2. Researcher is key instrument

3. Multiple methods

4. Focus on participants

5. Emergent design

1. Natural setting: This means that qualitative researchers collect their data from the field ie where the participant is naturally dwelling(sometimes without the participant's knowledge of the researcher). This is different from an experimental research that involves bringing participants to a lab in order to manipulate dependent variables and observe them with independent variables and extraneous variables. An experimental research would therefore have to report the effect of the independent variable on the dependent variable while a qualitative research would report participants behavior given variables in his natural dwelling.

2. Researcher is key instrument: a qualitative researcher is the main instrument of research as he does not make use of third party source of data or data collected by someone else such as use of questionnaires, he observes the participants directly in the field. An experimental researcher on the other hand makes use of the results of his experiment, cause and effect relationship of variables, in getting his data for analysis. Therefore the qualitative researcher and experimental researcher will report different sources/methods of data collection in their research report.

According to the Rescorla-Wagner theory of conditioning, blocking occurs because... Group of answer choices the CS has already taken up most of the available associative strength. familiar stimuli are more difficult to condition. the CS gathers more associative strength than the US. the US has already taken up most of the available associative strength.

Answers

Answer:

Explanation:

How does the Rescorla Wagner model explain the blocking effect?

This effect was most famously explained by the Rescorla–Wagner model. The model says, essentially, that if one CS (here the light) already fully predicts that the US will come, nothing will be learned about a second CS (here the tone) that accompanies the first CS.Robert Rescorla and Allen Wagner were the first to realize what about classical conditioning? ... those in a vegetative state showed trace conditioning but those who were unconscious did not.According to stimulus substitution theory, after pairing the new stimulus with the existing conditioned stimulus it is possible to replace the first CS with the new stimulus. For instance, you have conditioned a rat to respond to a whistle as a signal that it is about to be fed.

According to the Rescorla-Wagner theory of conditioning, blocking occurs because CS has already taken up most of the available associative strength. The correct option is A. The Rescorla-Wagner model claims that blocking happens because the CS added in the second phase offers no fresh or prognostic information.

What did Rescorla and Wagner show about conditioning?

The value of a paired trial as reinforcement decreases with increasing associative strength between the presented stimuli is a fundamental tenet of Rescorla and Wagner's model of associative learning.

Blocking and Unblocking predictions are one of the R-W model's most significant contributions. When a novel stimulus is presented alongside an established CS, blocking happens because the novel stimulus has no predictive value because it is novel.

Thus, the ideal selection is option A.

Learn more about the Rescorla-Wagner theory here:

https://brainly.com/question/14453430

#SPJ2

what does the long-run expansion path look like if one input is regressive? can both inputs be regressive? why?​

Answers

I don’t know answer it yourself bro

what is science?in the chemistry ​

Answers

Answer:

Chemistry is one branch of science. Science is the process by which we learn about the natural universe by observing, testing, and then generating models that explain our observations. Because the physical universe is so vast, there are many different branches of science

Explanation:

__________________ monks preached simplicity, took vows of poverty, and aided the poor, while __________________ also lived in poverty and battled __________________ .

Answers

Answer: Franciscans, Dominicans, and Heresy

Explanation: Franciscans monks are members of Roman catholic religious order, they focus on some core values, traditions and beliefs of catholism. The importance of selflessness, charity and benevolence, are what they upheld. They don’t live a lavish lifestyle while other christians are in poverty.

Why the Dominicans in other hand, lived a life of preaching and teaching, while they lived in poverty and battled heresy.

Identify and explain the phenomenon represented by the arrows diagram .

Answers

Answer:

The phenomena represented here mark the direction of magnetic field that travels from North direction of the South.

Explanation:

Please find the attached file

Solution

The phenomena represented here mark the direction of magnetic field that travels from North direction of the South.

It also represents the alignment of magnetic dipoles with in a magnet in a direction in line with any external magnetic field in a way that it produces its own magnetic field that travels from North to the South direction.

Confidentiality requires that: Group of answer choices it be impossible to connect data to individuals all data be collected anonymously access to collected data be limited to research staff participants not be asked for personal information

Answers

Answer:

access to collected data be limited to research staff.

Explanation:

Sampling can be defined as a process used by researchers to collect, obtain or select data (objects, observations, or individuals) from a larger statistical population using specific procedures.

Confidentiality refers to the act of sharing an information that is expected to be kept secret, especially between the parties involved. Thus, a confidential information is a secret information that mustn't be shared with the general public.

This ultimately implies that, confidentiality requires that access to collected data be limited to research staff rather than being accessible to other team members or persons who aren't authorized to have access but might be interested in getting the information.

¿Qué forma de gobierno tiene nuestro país?

Answers

Answer:

In Spanish:

La forma de gobierno en España es una monarquía parlamentaria, es decir, una monarquía constitucional democrática social representativa en la que el monarca es el jefe de Estado, mientras que el primer ministro, cuyo título oficial es "Presidente del Gobierno", es el jefe de Estado. Gobierno.

In English:

The form of government in Spain is a parliamentary monarchy, that is, a social representative democratic constitutional monarchy in which the monarch is the head of state, while the prime minister—whose official title is "President of the Government"—is the head of government.

HELP ASAP PLEASE Question 13 (True/False Worth 1 points)
News was not spread before newspapers were published.
True
O False

Answers

Answer:false

Explanation:

right

Why is important that these Underground RR sites are protected?

Answers

Answer:

It is our heritage.

Explanation:

It is very important to protect these Underground Railroad sites because it is our heritage of our culture that we gained from our ancestors as well as we can used it for the purpose of transportation. These underground Railroads sites were produced for the purpose of transportation which is very costly to build so we also used these Underground Railroad sites for the purpose of transportation.

Flax plant a capital good, natural good, or human good

Answers

Answer: Natural Good

Explanation: It is something that comes from nature making it a natural good. It would not be a capital good because capital goods are products created by people. And it would not be a human good because human goods are jobs and services that are done by people.

Hãy nêu 19 ví dụ của 19 kiểu tam đoạn luận

Answers

Answer:

we dont speak like that sowyyy

Answer:

I don't know

Explanation:

cos i don't know what u ar talking about

In your opinion, is the case system fair, or unfair? Explain your answer using facts from the text.

Answers

When the caste system first was introduced it was not discriminatory therefore the caste system itself is not discriminatory. In recent times people have become more and more interested in social class and are more willing to discriminate therefore, if caste was dine correctly with true Hindu beliefs it would be fair.

Using complete sentences, discuss four functions of a family.

Answers

Answer: See explanation

Explanation:

Family, refers to the group of people that are united by the blood, marriage, or through adoption. The functions of family include:

1. Care for family members: A family should care for its members and everyone should lookout for each other.

2. Teaching of norms: Adults in the family should teach the younger ones about norms and values so that they'll be active member of the society and good behavior should be imbibed in them.

3. Socialization of the children

4. Fulfillment of the sexual and the emotional needs.

5. Provision of love and support to each other.

Answer:

hello there!!! here's your answer:

Four functions of a family can be: support each other, affection and love, teaching of norms, and socialization of the family.

HAVE A NICE DAY!!!

phép duy vật biện chứng là gì

Answers

I was just thinking the same thing!!!

Which claim is not defensible?
O A. Decreased pollution is associated with decreased childhood
asthma.
• B. Making Election Day a national holiday would increase
voter
turnout.
C. George W. Bush was not as talented a politician as his father,
George H. W. Bush.
D. Government spending increases
under Democratic presidents.

Answers

Answer:

C. George W. Bush was not as talented a politician as his father,

George H. W. Bush.

Explanation:

No explanation

3- Which of the following implications cannot be derived from Piaget's theory of
cognitive development?​

Answers

Group of answer choices.

A. Discovery learning

B. Need of verbal teaching

C. Sensitivity to children's readiness to learn

D. Acceptance of individual differences

Answer:

B. Need of verbal teaching

Explanation:

Cognitive development can be defined as the development of thought processes, skills, knowledge and problem-solving abilities from infancy through adulthood.

Jean Piaget was a developmental biologist and psychologist who worked extensively on cognitive development in infants and teenagers; these are judgement, knowledge and thoughts.

Jean Piaget's stages of cognitive development in an ascending order are;

I. Sensorimotor: this is between 0 - 2 years (18 - 24 months) where the child exhibits object permanence.

II. Preoperational: this is age 2 - 7 years where the child acts in an egocentric manner.

III. Concrete operational: this is age 7 through age 11 and the child thinks logically at this stage.

IV. Formal operational: this is from adolescence (11 years) through adulthood and focuses on logically thinking about abstractions.

The following implications can be derived from Piaget's theory of cognitive development;

a. Discovery learning.

b. Being sensitive to a child's readiness and willingness to learn.

c. Acceptance of individual differences.

However, a need of verbal teaching such as the roles of language cannot be derived from Piaget's theory of cognitive development.

Look at the area of the map indicated below. Which civilization developed in
this part of the world during the classical era?
A. The Mauryan Empire
B. The Maya civilization
C. Greek city-states
D.The han dynasty

Answers

The correct answer is A. The Mauryan Empire.

Explanation

The image shows a world map in which there is a red rectangle enclosing a part of the indicated peninsula. In this place, during the Classical Era, the Mauryan Empire stood from 320 BC. C until the year 180 a. This was the first Great empire located in this region of Asia. This empire was founded by Chandragupta Maurya, who unified a large territory until reaching the Himalayas in the north. Later, Emperor Bindusara managed to extend the territory to the central regions of Asia and the south of the Indian peninsula. According to the above, the correct answer is A. The Mauryan Empire.

From your findings, what conclusions and recommendations can you make on the
issue of human rights violations to:

Government; and
Communities

Answers

Answer:

Governments and Communities, often make harsh choices without considering the consequences. Or they tend act out in ways that they may think is right, which turns out to have bad consequences afterwards.

How is Gowan’s behavior different from that of other preschoolers? Question 1 choices ChoiceA.,He plays alone

Answers

Question options :

He plays alone

He chooses not to play at all

He is able to draw an elaborate self portrait of himself

He is mean to his classmates

Answer:

He chooses not to play at all

Explanation:

Playing is important and normal for children at this stage of growth. It allows them explore the world and learn. Children at this stage learn through play in preschool so that they develop a positive attitude towards learning. Also children who play alone are usually younger(say 2 yrs) than the ones who play together as they observe the older ones (say over 2 yrs) who play together and learn cooperative play/play together as they get older.

Answer:

He plays alone.

Explanation:

He plays alone.

Give THREE reasons why you think the use of electronic media has become increasingly important in a democratic society​

Answers

Answer:

Communication, sharing of opinions, documentation

Explanation:

With electronic media, you can send and communicate messages quickly, all with perfect documentation, and easy access for the press/law

Answer:

because of the following reasons:

Explanation:

1:: To keep people's choice at the peak.

2:: To make all the deeds of politicians visible to public.

3:: Also to run different progressive works beneficial for the nation..

A _____ is a larget voting unit that is made up of several precincts joined together, commonly seen in cities and towns.

1.home rule
2.charter
3.ward
4.ordinance​

Answers

Fourrrrrrrrrrrrrrr. Sorry it wants my answer to be at least 20 characters
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