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When a price of a good increased by 2 percent the quantity demanded decreased by 10 percent What is the price elasticity of demand?
Price elasticity of demand= percentage change in demand/percentage cgange in price 2 = % chnge in demand/10 % change in demand= 2*10 % change in demand= 20%
Who benefits or loses from a low elasticity of demand for labor?
The low elasticity of demand for labor decreases with unemployment benefit. Generally low pay workers prefer that the minimum wage rate be increased until the labor demand is unitary elastic.
What are different types of elasticity?
The elasticity of demand refers to how sensitive the demand for a good is to changes in other economic variables. The different types are: price elasticity, income elasticity, cross elasticity and advertisement elasticity.
What are the 3 types of elasticity?
1)price elasticity of demand 2)income elasticity of demand 3)cross elasticity of demand
If the elasticity of demand is equal to one then the demand is?
Unitary elasticity is when the price elasticity of demand is exactly equal to one.
What is the medical condition with increased joint range of motion?
Ehlers Danlos is the medical condition primarily defined by increased joint range of motion.
Is the torque increased decreased or constant on a universal joint?
The torque in a universal joint varies as the angle of the joint changes during rotation. It is highest when the joint is at 0 degrees (in-line), decreases as the joint angle increases, and reaches its lowest point at 90 degrees.
What is the effect of temperature on elasticity?
Temperature can affect elasticity by changing the molecular structure of materials. In general, increasing temperature tends to decrease elasticity as the increased thermal energy disrupts the bonds between molecules, making the material more flexible. However, extreme cold temperatures can also decrease elasticity by making materials more rigid and prone to breakage.
Can Massage therapy treat contractures?
Massage therapy can be beneficial by promoting additional circulation to joint structures, causing better elasticity
When a price of a good increased by 2 percent the quantity demanded decreased by 10 percent What is the price elasticity of demand?
Price elasticity of demand= percentage change in demand/percentage cgange in price 2 = % chnge in demand/10 % change in demand= 2*10 % change in demand= 20%
How did Europeans increased trade?
They set up colonies and Stock-Joint Companies.
Advantages of rebated joint?
Increased strength and improved stability in woodworking projects
Who benefits or loses from a low elasticity of demand for labor?
The low elasticity of demand for labor decreases with unemployment benefit. Generally low pay workers prefer that the minimum wage rate be increased until the labor demand is unitary elastic.
What does increased uptake mean for sacroiliac joint mean?
Increased uptake in a sacroiliac joint on imaging studies like bone scans or MRI may suggest inflammation or active disease in the joint. This could be related to conditions such as sacroiliitis or arthritis affecting the joint. Further evaluation and follow-up may be needed to determine the underlying cause.
When dado joint are used?
Increased surface area for glue, therefore stronger than a butt joint.
In economics what are the types of elasticity?
price elasticity income elasticity cross elasticity promotional elasticity
What is mildly increased periarticular uptake?
Mildly increased periarticular uptake refers to an increase in radiotracer uptake around the joint on a nuclear medicine scan. This could indicate inflammation or injury in the soft tissues surrounding the joint, such as tendons or ligaments. Further evaluation may be needed to determine the cause of the increased uptake.
