a. True
b. False
a. True
b. False
False.
Modern day technology today is making the world we live in much smaller in the sense that we are able to communicate more effectively and with a lot of flexibility. Communication with anyone can be done in a matter of seconds. Basically, it has taken away Geo Political boundaries that used to exist in the past and laws that used to create wide gaps. The Internet, to be specific, has made the world seem very small in the biggest way ever. It has made places that were once seen to be very far, accessible. Technological improvements have influenced travel and connectivity and thus, people are able to travel to any corner of the world in a matter of hours.
b. FALSE just took test on e2020
Answer:
The four factors that affect price elasticity of demand are (1) availability of substitutes, (2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and (4) how much time has elapsed since the time the price changed.
Explanation:
Answer:
https://youtu.be/TfNSnjeC1XE
Explanation:
Te recomiendo este video, es muy completo.