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3 years ago

Which of the following items have inelastic demand? (Remember: items that are "wants"

Business

1 answer:

Stells [14]3 years ago

5 0

The situation that have inelastic demand are:

Very costly goods
Very cheap goods

<h3>What is an inelastic demand?</h3>

This class of demand is one where the change in quantity demanded due to a change in price is very small.

Hence, when there is very costly goods or cheap good, the inelastic demand can happens

Therefore, the Option C is correct

Missing options " A. Very costly goods. B. Very cheap goods.C. Both A and B. "

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property has Gross Scheduled Income of $100,000. The vacancy rate and credit rate allowance is 3% whereas Operating expenses are

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Answer:

The answer is " $10.5\%$ "

Explanation:

Following are the Cap rate:

$= \frac{(Income \times (1 - vacancy\ rate) - operating \ expense)}{\text{purchase price of property}}$

$= \frac{(\$ 100,000 \times 0.97 - \$ 34,000)}{\$ 600,000}\\\\= \frac{\$ 63,000}{ \$ 600,000}\\\\= 10.5\%$

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3 years ago

This activity is important because any business that offers multiple product lines to multiple market segments is faced with the

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4 years ago

Dr. Osorno was served with a malpractice lawsuit based on allegedly removing the wrong organ. Following discovery, it becomes cl

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Answer:

Correct option is A.

<u>The lawyer should make a motion for summary judgement</u>

Explanation:

A movement for rundown judgement is Sled offer the disclosure procedure attesting that no truthful debates exist and that if the appointed authority applied the law to the undisputed realities, her solitary sensible choice would be agreeable to the moving party.

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3 years ago

Prescott Football Manufacturing had the following operating results for 2019: sales = $30,774; cost of goods sold = $21,956; dep

cupoosta [38]

Answer:

The correct answer is option (A).

Explanation:

According to the scenario, the computation for the given data are as follows:

Operating cash flow = Sales - Cost of Goods Sold - Tax

Where, Tax = Sales - Cost of Goods Sold - Depreciation - Interest Expense × Rate of Tax

So, Tax = $30,774 - $21,956 - $3,596 - $604 × 23% = $1,062.14

By putting the value in the formula, we get

Operating Cash Flow = $30,774 - $21,956 - $1062.14

= $7,755.86

or = $7,756

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3 years ago

Ellis Travel records an $800,000 loan for upgraded computers and software for the entire company in a Notes Payable account. The

Nutka1998 [239]

Answer:

D: adjunct

Explanation:

For notes payables, the total amount will be the 800,000 principal plus the accrued interest. These will be the book value of the liability at year-end

For reason that the interest ae exigible in a period lower than a year, they will be posted as current while the note payable as long.term debt.

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4 years ago