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Evgen [1.6K]
3 years ago
10

Demand for food doesn't change in response to a change in price. Why?

Business
2 answers:
Alborosie3 years ago
7 0

the answer is D, demand for food is inelastic

garri49 [273]3 years ago
5 0

Answer:

D. Demand for food is inelastic

Explanation:

People will need food. It is a need. The demand does not change as if it is a good.

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How does selling shares on the stock exchange benefit companies?
Jlenok [28]

Answer:

C

Explanation:

They sell shares at a price to investors. They then use these funds to help grow their business and in turn pay dividends to shareholders

6 0
3 years ago
Which of the following investors would likely prefer a cash dividend over a stock dividend?
Hunter-Best [27]

Answer:

d. Enrique subscribes to the "bird in the hand "theory when it comes to dividends

Explanation:

Cash that is ready to use is better than having other assets that need to be converted into cash to be enjoyed later. This is the simple explanation of the "bird in the hand" theory. An investor who subscribes to this theory will highly likely prefer a cash dividend over a stock dividend.

6 0
2 years ago
Enterprises buys a warehouse for $ 570 comma 000$570,000 to use for its East Coast distribution operations. On the date of theâp
Nitella [24]

Answer:

$570,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be reported at purchase cost or historical price  or originally cost or acquiring cost, whether all other values are given i.e appraisal value, the seller purchased value, similar warehouse book value, etc

So, in the given case, it would be recorded at $570,000 as the buyer purchase the building at this cost only.  

7 0
3 years ago
You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s
otez555 [7]

Answer:

The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.

Explanation:

When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .

The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.

The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.

7 0
3 years ago
According to Nobel economist Frederich von Hayek, law that secures __________ rights in modern society is a prerequisite to priv
katrin [286]

The rights which Nobel economist Friedrich von Hayek, law that secures and was a prerequisite to private enterprise is

  • Property Rights

<h3>What is Property Rights?</h3>

This refers to the inalienable rights which a property owner has as to how he chooses to rent, lease, let or sell his property or live there.

With this in mind, we can see that the main thing which Friedrich von Hayek believed was a prerequisite to private enterprise was property rights.

Read more about property rights here:
brainly.com/question/14106012

6 0
2 years ago
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