In economics, if a good is inelastic,

consumers have lost an interest in purchasing it.
producers have lost an interest in manufacturing it.
its supply or demand is too sensitive to price changes.
its supply or demand is not sensitive to price changes.

Pl did european countries want to find a shorter route to the far east? a. costs would be lower. b. they could take more trips. c. the route they used was rough and dangerous. d. sailors did not want to be away from home so long.

How was rockefeller able to build his monopoly across the oil industry? he found newer and cheaper ways to refine oil, increasing his profits. he confined his business to ohio so he could buy all the refineries there. he bought up oil refineries, cut costs, and reinvested his profits in other refineries. he began to sell kerosene as well as oil, expanding his market.

Articles of confederation dbq assignment. was the poster ”announcing an all new plan of government! ” written by a federalist or a non federalist?