107 744
Assignments Done
100%
Successfully Done
In April 2024
Physics help
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
 Math help
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
 Programming help
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming

Answer to Question #329439 in Economics for Portia

Question #329439

Suppose we observe that the equilibrium price of a good has increased significantly in recent years, with little or no change in equilibrium quantity. The most likely explanation is that


1
Expert's answer
2022-04-17T17:02:54-0400

The most likely explanation is that demand for a good is inelastic and there is no substitute for this good.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

Our fields of expertise
10 years of AssignmentExpert
LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
Finding a professional expert in "partial differential equations" in the advanced level is difficult. You can find this expert in "Assignmentexpert.com" with confidence. Exceptional experts! I appreciate your help. God bless you!
Canada #340153 on Dec 2023