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Sav [38]
2 years ago
7

Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for

the good must be?
Business
1 answer:
ArbitrLikvidat [17]2 years ago
4 0

Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for the good must be elastic.

<h3>What is total revenue?</h3>
  • Total revenue is the total amount of money a seller can earn from offering clients goods or services.
  • The formula for this is PQ, or the purchase price times the quantity of the products sold.
  • A calculation or equation that describes how certain sources of revenue will behave on a graph.
  • The sum a corporation or business owner earns for the goods or services they sell during a given time period is known as total revenue.
  • The formula for total revenue assists business owners in determining whether to raise prices or provide a discount on their products.

Learn more about total revenue here:

brainly.com/question/13000391

#SPJ4

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With crews working shifts that span 24 hours a day, what is the most important thing for Satya to keep in mind as she prepares h
Ilia_Sergeevich [38]

Answer: d. Look into the camera more than the live audience

Explanation:

It is best that Satya looks into the camera as the speech is being given because it will be replayed to other shifts. When it is replayed to those shifts, they need to get the impression that she is looking at them as she gives the speech.

This is not a necessity with the live audience because she is already in front of them and looking at the camera does not mean that she would not be looking at them based on the location of the camera. It is however, more important that she looks in the camera for the benefit of the next shifts.

8 0
3 years ago
Beaver Construction purchases new equipment for $50,400 cash on April 1, 2015. At the time of purchase, the equipment is expecte
mariarad [96]

Answer:

Beaver Construction

1. Journal Entry:

April 1, 2015:

Debit Equipment $50,400

Credit Cash Account $50,400

To record the purchase of new equipment for cash.

2. December 31, 2015:

Debit Depreciation Expense-Equipment $5,400

Credit Accumulated Depreciation - Equipment $5,400

To record the depreciation expense for the period.

3. Adjusted balances of Accumulated Depreciation and Depreciation Expense at December 31, 2015:

a) Accumulated Depreciation - Equipment

Beginning balance       $0

Depreciation Expense $5,400

Ending balance            $5,400

b) Depreciation Expense-Equipment $5,400

Explanation:

The depreciation expense for equipment is $5,400 ($600 x 9) since the depreciation charge for each month is $600.  The equipment was used from 9 months from April 1 to December 31 in 2015.  This implies that only $5,400 will be charged to Income Statement for the period.

7 0
4 years ago
When Jack takes a class, he saves all his work for that class with the name of the course. What is most likely happening to his
mojhsa [17]

Answer:

He has lost the previous files as he has been replacing them.

Explanation:

When you save a file in your computer, you need to save it with a name that is different from the names of the other files you have in the computer. If you save file with the same name of another file, you will replace that file and will lose the information you had. So according to this, as Jack is saving all his work for the class with the name of the course, it means that he has saved everything with the same name and he has lost the previous files because everytime he saves a new file he replaces the previous one.

8 0
3 years ago
Sheela Dairy Corporation buys unprocessed cows' milk from local farmers. At the dairy, this unprocessed milk is broken down into
Dafna11 [192]

Answer:

The answer is D) None of these statement is relevant in the decision to further process the cream into butter.

Explanation:

option A)  the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.

Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.

Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.

8 0
3 years ago
Ben is employed as a carpenter and his wife, Marilyn, is a self-employed consultant. Besides Ben’s salary, Ben and Marilyn own a
Alona [7]

Answer:

B. The cost of utilities is deductible for AGI

Explanation:

The entire cost of the utilities would be for AGI deduction assuming no personal use of the condo. The employer portion of Marilyn's self-employment tax would be deductible as well.

Adjusted gross income (AGI) is a measure of income calculated from your gross income and used to determine how much of your income is taxable. It is the starting point for calculating a filer's tax bill in the United States and, among other things, is the basis for many deductions and credits. When filing your taxes online—as about 80% of filers do—the software you use will calculate your AGI for you.

3 0
3 years ago
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