when the numbers are between 0 and 1
The product costs less.
Complementary goods are products that are used together with another product. When the price of a complementary good decreases, the demand for the main product typically increases because consumers are more likely to purchase both items together. Conversely, if the price of a complementary good increases, the demand for the main product may decrease as consumers are less willing to buy both items together.
When the supply and demand for a product decrease at the same time, the equilibrium price and quantity will both decrease. This is because there is less of the product available and fewer people wanting to buy it, leading to a lower market price and quantity traded.
The elasticity of a product can change over time as external factors and market conditions evolve. When a product is first introduced, its elasticity may be high as consumers are more sensitive to price changes. However, as the product becomes more established in the market and competition increases, its elasticity may decrease as consumers become less sensitive to price changes. Additionally, changes in consumer preferences, income levels, and overall economic conditions can also impact the elasticity of a product over time.
less
The factors are greater than the product.
No, you cannot. The answer can be greater than (or less than) neither, one or both numbers.For example,-4.5 and -2.2 are both less than 1. Their product is 9.9 which is greater than both.-4.5 and 0.2 are both less than 1. Their product is 0.9 which is less greater than one and less than the other.0.5 and 0.2 are both less than 1. Their product is 0.01 which is less than both.
Always
Fractional multiplication results are always less than any of the factors. You can't hit ugly with an ugly stick and expect to get pretty. The above answer is only true is both your fractions are non-negative (in addition to being less than 1.
0.1 x 0.2
That's always the case.
Yes.
because you multiplying by 9
If the fractions are both proper fractions ... equivalent to less than 1 ... thenthat's always true ... the product is always less than either factor.
This is a clever question. I would say: "Always". To be more precise: The product is never greater than either factor, and if neither factor is ' 1 ', then the product is always less than both.
When its multiplied by anything greater than one
The product will be less than the other factor.