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dimaraw [331]
2 years ago
6

If the demand for product x is inelastic, a 15 percent decrease in the price of x will:____.

Business
1 answer:
Marrrta [24]2 years ago
5 0

If the demand for product x is inelastic, a 15 percent decrease in the price of x will: Reduce by more than 15 percent the amount of X that is being requested. Reduce by less than 15 percent the amount of X that is being requested.

This is further explained below.

<h3>What is the inelastic market?</h3>

Generally, An economic concept known as inelastic refers to an item or service's static quantity when its price varies. When a product's price increases or decreases, customers' purchasing patterns are said to be inelastic, which indicates that neither change affects the other.

In conclusion,If there is no elasticity in the demand for product x, then a price reduction of 15% for product x will have the following effects: The quantity of X that is being requested should be decreased by more than 15 percent. The quantity of X that is being sought should be decreased by more than 10 but less than 15 percent.

Read more about the inelastic market

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Sam​ Snead, the owner of​ Snead's Fine Golf​ Wear, used $1800 of his personal funds to go on vacation. Which of the following is
AveGali [126]

Answer:

D. Do not record the transaction in the general journal

Explanation:

There is no need to record the transaction in the general journal since the money that was actually spend by Sam Snead happens to be his own personal <em>fund rather than the company's fund (That is, the Golf Wear company). Funds belonging to the company are those that deserve to be recorded in the general journal.</em>

4 0
3 years ago
Carlson Company uses a predetermined rate to apply overhead. At the beginning of the year, Carlson estimated its overhead costs
____ [38]

Answer:

The estimated rate based on labour hour==6

The  actual rate based on labour hour=6.08

The rate based on machine hour=24

The rate based on machine hour= 22.66

Explanation:

Given that Carlson estimated its overhead costs to be $240,000,direct labor hours at 40,000 and machine hours at 10,000 as well as the actual overhead costs incurred of  $249,280, actual direct labor hours of  41,000, and actual machine hours of 11,000.We can calculate the to apply .

The estimated rate based on labour hour=240000/40000=6

The  actual rate based on labour hour=249280/41000=6.08

The rate based on machine hour=240000/10000=24

The rate based on machine hour=249280/11000=22.66

4 0
3 years ago
When people have more money and eagerly spend it, this increases
Leya [2.2K]

Answer:

More money and enganment to whoever they're purchasing from.

Explanation:

3 0
3 years ago
You have shared a folder in a windows server that is a part of a domain. You need to assign permissions to users so they can acc
Makovka662 [10]

Answer:

The answer would be

Explanation:

You can specify which users or groups can access, view, or modify a shared folder and its contents. The access permissions of shared folders, as well as individual files and subfolders, can be customized for each user or group.

Share permissions manage access to folders shared over a network; they don’t apply to users who log on locally. Share permissions apply to all files and folders in the share; you cannot granularly control access to subfolders or objects on a share. You can specify the number of users who are allowed to access the shared folder.

There are three types of share permissions: Full Control, Change and Read. You can set each of them to “Deny” or “Allow” to control access to shared folders or drives:

*  Read — Users can view file and subfolder names, read data in files, and run programs. By default, the “Everyone” group is assigned “Read” permissions.

* Change — Users can do everything allowed by the “Read” permission, as well as add files and subfolders, change data in files, and delete subfolders and files. This permission is not assigned by default.

* Full Control — Users can do everything allowed by the “Read” and “Change” permissions, and they can also change permissions for NTFS files and folders only. By default, the “Administrators” group is granted “Full Control” permissions.

7 0
3 years ago
What is the organization of metropcs?​
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