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Squares: 1. The Bible as the authoritative source of truth and morality - The Bible is considered an authoritative source of truth and morality for many Christians because they believe it to be the...

Discussion 2
Discussion 2

Squares: 1. The Bible as the authoritative sourc

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Magnets create a magnetic field, which has influence within a certain radius. The have two opposite poles north, and south. Magnets are very important because they are widely used in electronics, elec...

Chapter 11 Discussion Board
Chapter 11 Discussion Board

Magnets create a magnetic field, which has influen

Integrating Quotes P...
1. Rebecca Solnit in her essay Abolish High School says, “I didn’t go to high school. This I think 2. of as one of my proudest accomplishments and one of my greatest escapes, because everyone who gro...

Integrating Quotes Practice
Integrating Quotes Practice

1. Rebecca Solnit in her essay Abolish High School

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Answer 2

Q Question: The consequences of elasticity are all around. This article discusses 10 different ways we see elasticity in the world. https://www.economicsdiscussion.net/elasticity-of-demand/price-elasticity-of-demand-top-10-uses Did any of these applications of elasticity surprise you? Did any give you pause to think? Which one was the most interesting? Any of them seem obvious?

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Elasticity is the ability to change and adapt. In the context of economics it can be explained as the degree of responsiveness. The types of elasticity discussed in economics are price elasticity, income elasticity and cross elasticity. Price elasticity measures degree of responsiveness of quantity demanded to change in its price.