markxseryer
markxseryer markxseryer
  • 02-12-2020
  • Social Studies
contestada

Explain whether you think the supply
of the following goods is elastic or inelastic, and why.
(a) hotel rooms (b) taxi rides (c) photographs

Respuesta :

keriaboo15
keriaboo15 keriaboo15
  • 02-12-2020

Answer:

a) Hotel Rooms are inelastic because hotel rooms are fixed in supply and it take large amount of time to expand the number of rooms. (b) Taxi rides are elastic because the ride increase or decrease their duty time according to...

Explanation:

Answer Link

Otras preguntas

Carlos, age 50, says that he can no longer hear the high pitched train whistle in the distance from his home, but reports being able to hear low pitch sounds pe
The relationship between the base and rate a plumber charges and his hourly fee is modeled by the linear function f (x) = 25x + 100 where x is the number of hou
What is a synonym for catalogue? Interject List Reduce Remove
Rain occurs when humidity is ___________.
Find the product of (2x + 5y)2.
Please help !! Image attached, will put most brainliest
Lori rented a car for one day. The daily rental rate was $12.50 plus 25 cents per mile. The total cost of her rental was $46. How many miles did she drive that
If you spend $9.74 in how many ways can you receive change for a ten-dollar bill
What phase of the menstrucal cycle is associated with fertility?
What do we call the unreasonable restriction of business activities that results from conspiracy among members of a trade?