Answer:
c. Inelastic demand
Explanation:
Inelastic demand means that the quantity ordered on a product is not affected by changes in price. The demand is relatively constant regardless of a change in price.
Coffee and sugar are complementary goods. Usually, price fluctuation in one of them should affect the demand of the other. In this case, changes in sugar prices have not affected the demand for coffee. If price changes do not affect demand, then the product has inelastic demand.
Answer:
A
Explanation:
nor sure but I think this is the right one
<span>A life insurance
policy can either be a participating policy where the policy pays the dividend
or it can be a nonparticipating policy where the policy has guaranteed premiums. About 95% of the U.S. life insurance
companies are stock companies.</span>
A plan that lists the types and amounts of selling expenses expected during the budget period is called a selling expense budget.
The making of selling expense budget is the responsibility of the sales department. This budget includes selling expenses such as sales salaries, commission of sales , advertising and sales office rent, shipping expenses or sale supplies.
Selling expenses can be both fixed as well as variable.
Selling expenses are mostly comprised of Operating Expenses, like rent, payroll, utilities, and advertising . Direct costs are another type of spending which shows what is spent on the goods and services which are sold.
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According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.
<h3 /><h3>What is growth accounting?</h3>
It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.
Therefore, the greater investment in research and education, the more effective growth accounting measurements will be for identifying technological progress.
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