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Question and answer
Q: When demand does not change much after a price change, demand is: A. elastic B. inelastic C. static D. variable
A: Is demand for tea elastic or inelastic?Answer: D. Demand for tea is inelastic because there are no available substitutes for tea.
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User: When demand does not change much after a price change, demand is: A. elastic B. inelastic C. static D. variable

Weegy: Is demand for tea elastic or inelastic?Answer: D. Demand for tea is inelastic because there are no available substitutes for tea.
Niki44|Points 12|

User: Income not used for consumption is: A. savings B. spending C. donations D. none of the above

Weegy: Income not used for consumption is savings.
wisbest|Points 2627|

User: Real GDP divided by the total population is: A. real GDP per capita B. normalized GDP C. fixed GDP D. capita per real GDP

Weegy: Real GDP divided is C. real GDP per capita
MrG|Points 4187|

User: The Federal Reserve System is overseen by the seven-member: A. Board of Governors B. Vice-President C. Congress D. The Central Bank

Weegy: The Federal Reserve System is a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling
scijoe21|Points 2275|

User: Which of the following is a product that is considered a commodity? A. new automobiles B. low-grade gasoline C. wrapping paper D. apple candy

Weegy: B. low-grade gasoline.
dennis003|Points 1030|

User: A market failure occurs when a free market is unable to A. distribute resources efficiently. B. provide open opportunity C. meet government regulations. D. encourage innovation.

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Asked 6/26/2013 8:51:44 AM
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Who is the leader of the House of Representatives?
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Updated 7/2/2014 7:46:36 AM
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The leader of the House of Representatives is the Speaker of the House.
Added 7/2/2014 7:46:36 AM
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