Which conclusion does this graph most support?
A. Product A is closer to equilibrium price than product B.
B. Product B has more inelastic demand than product A.
C. Product B has more elastic demand than product A.
D. Product B is closer to equilibrium price than product A.

Question

20288526 20288526

13-07-2022
History

contestada

Which conclusion does this graph most support?
A. Product A is closer to equilibrium price than product B.
B. Product B has more inelastic demand than product A.
C. Product B has more elastic demand than product A.
D. Product B is closer to equilibrium price than product A.

Respuesta :

Otras preguntas

Which sentence BEST summarizes Callaghans Together?i am going to failA.A family triumphs over a difficult passage across the sea.B.A family makes a bad decision

x+5y+2-7xx + 5 y + 2y − 7x

Please could you show the working out as well:)

what is manifestication

5 more than twice a number n

ula for a Variable The surface area of a cone is given by the formula S = nil + n0r2 Solve the formula for l. 0 1=S - p2 O l=S+ p2 Ol= $ - p2 TT 01 = 5 +2. 1= T

Select the correct answer. Which rhetorical device is used in this excerpt from "The Danger of Lying in Bed" by Mark Twain? "If I am going to travel by rail I s

The number of home runs hit by Hank Aaron, the all-time leader, is 755. This has an order of magnitude of 4 A. True B. False

Answer the question and you'll get brainilest!

Erik Erikson, in stage two of his theory of psychosocial development, asserts that parents who are overly restrictive and harsh give their children:_______.

AFOKE88 AFOKE88 · Answer 1 · 2022-07-13T16:49:13+02:00

The conclusion about the product demand graph is; C: Product A has more elastic demand than product B.

How to Interpret Equilibrium Demand Graphs?

The graph given shows us the quantity demanded for 2 products in relation to their prices.

From the given graph, we can conclude that product A is more responsive to a change in price, compared to how responsive product B is to a change in price.

Thus, a change in the price of commodity A causes a greater change in the quantity demanded, compared to a change in quantity demanded for product B, with almost the same change in price.

Read more about Equilibrium demand Graphs at; https://brainly.com/question/17950725

#SPJ1

Which conclusion does this graph most support? A. Product A is closer to equilibrium price than product B. B. Product B has more inelastic demand than product A. C. Product B has more elastic demand than product A. D. Product B is closer to equilibrium price than product A.

Respuesta :

How to Interpret Equilibrium Demand Graphs?

Otras preguntas

Which conclusion does this graph most support?
A. Product A is closer to equilibrium price than product B.
B. Product B has more inelastic demand than product A.
C. Product B has more elastic demand than product A.
D. Product B is closer to equilibrium price than product A.