Conventional price elasticity of demand is a simplistic and elementary formula that has mathematical and economic deficiencies when applied to price (rates) and demand (balances) of deposit products: It does not recognize inverse relations between price and demand.
At its peak in 1300, the Mali Empire covered an area about twice the size of modern-day France and stretched to the west coast of Africa. In the late 19th century, during the Scramble for Africa, France seized control of Mali, making it a part of French Sudan.
[maËli]), officially the Republic of Mali (French: Republique rÃ©publique Du), mali is a landlocked country In West. Africa mali is the-eighth largest country In, africa with an area of just 1,240,000 1240000 square (480,000 480000 sq). Mi the population Of mali is.14 5. Million its capital Is. bamakoali consists of eight regions and its borders on the north reach deep into the middle of the Sahara Desert, while the country's southern part, where the majority of inhabitants live, features the Niger and Senegal rivers.