For each of the regions, use the midpoint method to identify whether the supply of this good is elastic or inelastic. Region Between V and W Between X and Y True Elastic True or False: As firms reach near maximum capacity at high levels of quantity supplied, supply becomes more elastic because firms may need to invest in additional capital in order to further increase production. False Inelastic

079333#c374ae27-594f-46ec-8504-285b126cc8b9 - Весса Saveu Question 5 10/11 answered Question 6 If the market price for i-Pads saw an increase of 20% and the elasticity of supply is 0.75, we can expect the change in the quantity sold to be .... (give the answer in a percent but don't put the % sign) Typed numeric answer will be automatically saved. Answers are saved automatically =S Suppose maple syrup and waffles have a cross price elasticity of (-0.75). This would make these goods □

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Hello please answer by the letter answer only thank you! Shouldn’t take more than 5 minutes;) i will rate well thanks!! Regarding the price elasticity of the offer: A) It is higher for manufactured goods than for antiques. b) The higher it is, the better companies can adapt to market fluctuations. C) The higher it is, the easier it is for new companies to establish themselves in the market In question. d) It tends to be higher when the period under study is long. If prices and amount of balance decrease, it is because of: A) a decrease in supply and maintenance of demand. b) a decrease in demand and an increase in supply. C) an increase in demand and a decrease in supply. d) a decrease in demand and the maintenance of supply Which of the following statements is a possible reaction to the rise in the price of lemon? * a) Consumers are encouraged to buy more lemons • b) No reaction, since prices in a market system are decided by planners •C) Consumers are encouraged…