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
Rus_ich [418]
2 years ago
8

Can someone Plss help

Business
1 answer:
Thepotemich [5.8K]2 years ago
5 0

The factors that can impact the elasticity of demand are:

necessity versus luxury

availability of substitutes

<h3>What is the elasticity of demand?</h3>

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

The more close substitutes a good has, the more elastic its demand. This is because if price is increased, consumers can easily shift to the consumption of an alternative product.

Goods that are deemed as necessities usually have an inelastic demand. While goods that are deemed a luxury usually have elastic demand.

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

#SPJ1

You might be interested in
To help food advertisers produce more effective advertising, the Food Marketing Institute did a study that asked respondents whi
lara [203]

Considering the situation described above, the answer to this question is an example of quantitative research.

This is because quantitative research is a type of research that seeks to measure and interpret numerical data.

It is carried out by gathering, assessing, and decoding numerical data. These data can be responses from people, which are then ranked based on number of respondents on each response.

Thus, in this case, the options that ranked highest in number would be the option the researcher would pick.

Hence, in this case, it is concluded that the correct answer to the question is Quantitative Research.

Learn more here: brainly.com/question/25022102

4 0
3 years ago
Warren corporation purchased a truck at a cost of $60,000. It has an estimated useful life of five years and estimated residual
s344n2d4d5 [400]

Answer:

What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method? $15500

Explanation:

Net Value Dep. year End Net value.

Year 1 55000 12000          43000

Year 2 43000 12000          31000

Year 3 31000 15500          15500

Year 4 15500 15500            0

6 0
3 years ago
The Italian Bread Company purchased land as a factory site for $70,000. An old building on the property was demolished, and cons
Monica [59]

Answer:

Land $80,900

Building $643,000

Explanation

Land

Demolition of old building $9,000

Sale of salvaged materials (1,100)

Legal fees (for title investigation of land) 3,000

Purchase price of land $70,000

Total $80,900

Building

Architect fees (for new building) 20,000

Building construction cost 600,000

Interest cost related to the construction 23,000

Total $643,000

7 0
3 years ago
Listed options on U.S. exchanges are available on all of the following currencies except:_________.A) Canadian dollar. B) Japane
posledela

Answer:

C

Explanation:

On the US exchanges, other world currencies are available for option contracts. The US currency is the base currency used for these options. So, the US dollar cannot be listed again for an options contracts, There cannot be an options contract of the US dollar against the US dollar

3 0
3 years ago
A corporation has 35,000 shares of 1​% preferred stock outstanding.​ Also, there are 35,000 shares of common stock outstanding.
Lorico [155]

Answer:

$35,000

Explanation:

Given:

1% 35,000 preferred stock is outstanding.

Par value is $100

Amount of preferred stock outstanding = 35,000 × 100

                                                              = 3,500,000

Total dividend paid = $900,000

Since preference stockholders have an edge over equity stockholders regarding dividend. They are paid in fill and remaining amount is distributed among common stockholders.

Dividend paid to preferred stockholders = 0.01 × 3,500,000

                                                               = $35,000

Preferred stockholders receive $35,000. Remaining amount of $865,000 goes to common stockholders.

8 0
3 years ago
Other questions:
  • With ______, books don't have to be printed on paper to be distributed.
    6·1 answer
  • HELP ME PLEASE!!!!!!!!!!!!
    7·2 answers
  • Westbrook's Painting Co. plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannual
    8·1 answer
  • Greg sold an apartment building he owned for 20 years. He paid $100,000 for it, and made $300,000 worth of improvements. His dep
    15·1 answer
  • Real per capita GDP in Taiwan in 1961 was about $500, but it doubled to about $1000.00 by 1981. a. What was the average annual e
    13·1 answer
  • Jim and Susan are both in good health and Jim has a reasonably secure career. Jim currently has an income of $70,000 and has 2 c
    13·1 answer
  • Most of a distribution manager's decisions must balance cost reduction against which other benefit?
    7·1 answer
  • Sara does not like to wait for long before being served at a restaurant. Hence, the dimension of service that will influence Sar
    6·1 answer
  • HELP ME!! NOT AN ACTUAL BUISNESS QUESTION THOUGH 20 POINTS!!!!!
    7·2 answers
  • An approach to the study of retailing that stresses activities such as buying, pricing, and personnel practices is a(n) ________
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!