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EastWind [94]
2 years ago
14

Other things equal, the demand for a good tends to be inelastic (less elastic), the longer the time period considered. more the

good is considered a luxury good. fewer the available substitutes. more narrowly defined is the market for the good.
Business
1 answer:
Marta_Voda [28]2 years ago
8 0

Other things equal, the demand for a good tends to be more inelastic A) the fewer the available substitutes.

Inelastic merchandise is usually necessities without applicable substitutes. The maximum commonplace goods with an inelastic call for are utilities, pharmaceuticals, and tobacco products. companies imparting such merchandise hold greater flexibility with prices because demand stays constant even if fees boom or decrease.

Inelastic is a monetary term regarding the static amount of a terrific or service while its price adjustments. The inelastic manner that when the rate goes up, customers' shopping for habits live about the same, and when the rate goes down, consumers' shopping for conduct additionally remains unchanged.

An elastic call for is one in which the exchange in quantity is demanded because of exchange in rate is huge. An inelastic call is one in which the change in the amount demanded due to an alternate in charge is small.

Learn more about inelastic here brainly.com/question/7694106

#SPJ4

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dangina [55]
C. Intentional

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4 0
1 year ago
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Which of the following employees has the largest gross pay? a. Employee A: Total employee benefits $1,500 Total job benefits $49
Fiesta28 [93]

Answer:

<h2>Employee D has the largest gross pay among all the four employees.</h2>

Explanation:

Gross pay is normally calculated by taking the sum or aggregation of the basic salary or direct job related benefits and any additional employee benefits obtained by the employee from the company.

Therefore,for employee A,total gross pay=(49,800+1500)=51,300 dollars

For employee B,total gross pay=(51,200+1050)=52,250 dollars

For employee C,total gross pay=(51,900+1000)=52,900 dollars

For employee D,total gross pay=(52,300+3000)=55,300 dollars

Therefore,based on the above calculations of gross pay of all the employees,employee D has the highest or largest gross pay which is $55,300.

4 0
3 years ago
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Question 14 of 20
serg [7]

Answer:

OD. A person who goes to earn a college degree will have to pay the full costs of going to college

4 0
1 year ago
You and your twin sister, both 18 years of age, were in a car accident. She had a clean break across the humerus and the upper a
tigry1 [53]

Answer:

B) You will be given antibiotics to reduce bacterial infection, whereas your sister will not.

Explanation:

Since you required pins to be inserted (your skin was injured), the possibility of an infection exists. In order to try to prevent or control any bacterial infection, you need to take antibiotics.

On the other hand, your sister doesn't need to take antibiotics because her skin wasn't hurt.

7 0
3 years ago
On Monday morning you sell one June T-bond futures contract at 97:27, that is, for $97,843.75. The contract's face value is $100
-BARSIC- [3]

Answer:

A. Wednesday

Explanation:

On which of the given days do you get a margin call? On Wednesday

Margin account will falls below the maintenance margin of $2,000 after the market close on Wednesday.

The margin call will be $2,000 - [2,700 - (100,000 - 97,843.72)] =$1,456.28.

7 0
3 years ago
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