1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
myrzilka [38]
2 years ago
5

Over longer periods of time, increases in oil prices provide firms with incentives to explore and recover oil. What does this in

dicate about the long run price elasticity of supply for oil
Business
1 answer:
ki77a [65]2 years ago
5 0

Answer:

This proves that the demand for different types of oil have an effect for the prices and supply dealing with oil.

Explanation:

I hope this helps, if it doesn't then just message me and ill be more than happy to help :)

You might be interested in
~~~30 POINTS~~~
koban [17]
1. is credit card
2. is debit card
3. is card

hope this helped!!!
4 0
4 years ago
Read 2 more answers
The difference between slope and elasticity is that slope _________.a. is a ratio of two changes, and elasticity is a ratio of t
jekas [21]

Answer:

c. measures changes in quantity demanded more accurately than elasticity.

Explanation:

Base on the scenario been described in the question, slope measures changes in quantity demanded very accurately compared to elasticity. The main for this reason is that m, slope and elasticity are not the same concepts. Slope evaluates the

flatness or steepness of a line in terms of the evaluating units for price and quantity, while elasticity evaluates the relative response of quantity to changes in price.

4 0
3 years ago
Read 2 more answers
Why did many artisans, manufacturers, and shopkeepers in the middle colonies in the eighteenth century prefer servants' labor ov
dolphi86 [110]

Answer:

they can receive more work for less pay from the servants as opposed to the wage workers

Explanation:

Based on the information provided within the question it can be said that they preferred servants' labor more because they can receive more work for less pay from the servants as opposed to the wage workers. At that time roughly four months of workers' wages would pay for about five or six years of servant labor, thus leading to a massive increase in savings for the employer.

7 0
4 years ago
Doon Company incurred the following costs while producing 610 ​units: direct​ materials, $ 7 per​ unit; direct​ labor, $ 26 per​
aleksklad [387]

Answer:

B. $ 51 per unit

Explanation:

The computation of the unit product cost using variable​ costing is shown below:

= Direct material per unit + direct labor per unit + variable manufacturing​ overhead per unit

= $7 units + $26 + $18

= $51 per unit

It recognizes only variable cost like - direct material, direct labor, and variable manufacturing cost. Hence, all other information is ignored

3 0
3 years ago
The ________ stage of the product development process often requires the design of after-sales processes such as maintenance, wa
ziro4ka [17]

Answer:

The correct option is E,product marketing and supply chain preparation

Explanation:

This last stage in product development process addresses the issues in  last  stage in the customer's purchase decision process, post-purchase evaluation.

In order for customers to perceive the product as been a perfect fit for their needs, their issue around maintenance , repair and warranties must be adequately addressed which is a justification for them to come back for repeat business.

Also, it is noteworthy that the consumers are not only purchasing the physical products but also the services after purchase known as augmented or extended product

8 0
3 years ago
Read 2 more answers
Other questions:
  • More important than being catchy or well written, a mission statement should be
    6·2 answers
  • In 1-2 sentences, explain why scarcity exists.
    12·1 answer
  • A higher Discount Rate tends to ___________ the price of loans because the overall supply of bank reserves tends to be smaller..
    12·1 answer
  • Rashan's family is always telling him he's worthless and will never be successful at anything he does. Eventually, he reaches a
    6·1 answer
  • ​you consider the situation, roll up your sleeves, and get to work. what should be the first step you take in obtaining the info
    9·1 answer
  • The ledger of Marin Inc. on March 31, 2017, includes the following selected accounts before adjusting entries.
    7·1 answer
  • Leadership in small firms is more ____ in comparison to the leadership in large corporations.
    12·1 answer
  • Which of the following practices should be discouraged during the problem-solving process?
    6·2 answers
  • Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod
    12·1 answer
  • Kevin works in an airline office. He has a habit of visiting social networking sites on his office computer during work hours. W
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!