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Earn +20 ptsQ: What contributes to a product's inelasticity?
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Which area do you believe contributes the least Why?
Which area do you believe contributes the least? Why?
Shape of graph that is a Supply Curve that is perfectly inelastic?
When you think about elasticity and inelasticity graphically it always helps me to think of that the end result will be. So I will walk you through my thought process. If supply is inelastic, then no matter the price, supply will always be the same. If price is on the y-axis and quantity is on the x-axis ( as they usually are) then: Perfectly inelastic supply will be represented by a vertical line.
What is the pattern in the ones place of the products?
its multiplies by the products
What is the process of making new products from reprocessed used products?
The process of making new products from reprocessed used products is called recycling. This is a process that is widely encouraged.
The process of making new products from used products?
recycling
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