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2 years ago

If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.

Business

1 answer:

luda_lava [24]2 years ago

7 0

If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.

Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.

For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.

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<em>Your question is incomplete. please read below to find the full content.</em>

If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.

price inelastic.

quantity demanded.

relative price increase.

change in price.

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ABC and XYZ are identical firms in all respects except for their capital structures. ABC is all-equity financed with $530,000 in

Lesechka [4]

Answer:

The cost of equity for ABC is 11.74 percent and for XYZ it is 14.47 percent.

Explanation:

a. For ABC

ABC cost of equity = Earning before interest and tax (EBIT) / Equity = $62,222 / $530,000 = 0.1174, or 11.74%

b. For XYZ

Perpetual debt = $530,000 - $310,000 = $220,000

Interest on debt = $220,000 * 7.9% = $17,380

Earning after interest = $62,222 - $17,380 = $44,842

XYZ cost of equity = $44,842 / $310,000 = 0.1447, or 14.47%

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3 years ago

Beatrice invests $1,430 in an account that pays 5 percent simple interest. How much more could she have earned over a 6-year per

mash [69]

Beatrice would have earned $57.33 over a 6-year period if the interest had been compounded annually.

<h3><u>What is interest?</u></h3>

The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR).
The compensation a lender or financial organisation receives for giving out money is called interest.
The percentage of a stockholder's ownership in a corporation that is also referred to as interest.
Simple and compound interest rates are the two basic types that can be used with loans.
Simple interest is a predetermined percentage of the principal that was initially lent to the borrower that the borrower must pay in exchange for access to the funds.

Interest that is paid on a loan that includes both principal and compounding interest is known as compound interest. The second kind of interest is less typical than the first.

Now, calculating compound interest:

1430 (.05 × 6) + 1430 = 1859

1430 × $(1.05)^{6}$ = 1,916.33

1916.33 - 1859 = 57.33

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1 year ago

The regulations regarding both advertising and doing real estate business over the internet have been set forth in:

Minchanka [31]

<span>It is set forth if the business that is conducting by the individual is either a licensed professional or as someone who isn’t even licensed. It is because if a person is a licensed person, doing this field, it is likely that regulations are upheld as they do advertising and real estate business but if the person isn’t even licensed and starts to conduct these, regulations may not be upheld in both advertising and doing real estate as they are abiding rules such as having no license in doing this kind of field. That is why there way of conducting this manner depends on how regulations regarding advertising and real estate in the internet is set forth with such.</span>

7 0

4 years ago

The inspection of meat delivered from chicago to new york is the responsibility of

Misha Larkins [42]

The United States president Donald trump

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4 years ago

Crawford Corporation incurred the following transactions.

-BARSIC- [3]

Answer:

Crawford Corporation

Journal Entries:

1. Debit Raw materials inventory $53,800

Credit Accounts payable $53,800

To record the purchase of raw materials on account.

2. Debit Work-in-Process $28,000

Debit Manufacturing overhead $8,500

Credit Raw materials inventory $36,500

To record the requisition of materials.

3. Debit Factory Wages $61,900

Credit Factory Wages Payable $50,000

Credit Employer Payroll Taxes Payable $11,900

To record the factory labor costs.

4. Debit Work-in-Process $54,900

Debit Manufacturing overhead $7,000

Credit Factory Wages $61,900

To record the direct and indirect labor costs.

5. Debit Manufacturing overheads $82,300

Credit Accounts payable $82,300

To record overheads incurred on account.

6. Debit Depreciation expense $9,000

Credit Accumulated depreciation -office building $9,000

To record depreciation expense.

7. Debit Work-in-Process $87,840

Credit Manufacturing overheads $87,840

To record overhead applied at the rate of 160% of direct labor cost.

8. Debit Finished Goods Inventory $96,600

Credit Work-in-Process $96,600

To record the transfer of goods to finished goods.

9. Debit Cost of Goods Sold $79,400

Credit Finished Goods Inventory $79,400

To record the cost of goods sold.

9. Debit Accounts Receivable $106,800

Credit Sales Revenue $106,800

To record the sale of goods on account.

Explanation:

Journal entries are used by Crawford Corporation to record its business transactions as they occur daily. They are the first records of business transactions in the accounting books. They show the accounts to be debited and the others to be credited.

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3 years ago