The Conclusion of Various Applied Anthropology Projects Is That ____________

question 41

Multiple Choice

The conclusion of various applied anthropology projects is that ____________ is one of the most significant factors in the success of any type of technological change for local inhabitants.

• A) level of education
• B) ability to invest large amounts of capital
• C) interest in competing with large corporations
• D) interest in cultural change
• E) ethnic background

Learn how to calculate and interpret price elasticity of demand.

Understand the concepts of perfectly elastic and perfectly inelastic demand.

Grasp how changes in price influence total revenue depending on the elasticity of demand.

Identify factors that affect the elasticity of demand, including time and availability of substitutes.