Short-run demand for electricity can be quite elastic because ...

[kshipps]

Short-run demand for electricity can be quite elastic because consumers can change when they consume electricity.
 
  Indicate whether the statement is true or false

Question 2

Anthropologist E. T. Hall in his book The Silent Language said that:
 
  a. What people do is more important than what they say
  b. Silence is meaningful
  c. Conflict is everything
  d. Beware of underlying messages

[dyrone]

Answer to Question 1

F Even with time-of-use pricing, consumers often don't even know the price of electricity and their lack of responsiveness to price changes keeps their demand inelastic.

Answer to Question 2

A

[kshipps]

Thanks for the timely response, appreciate it

[billybob123]

Wow, this really help