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1 year ago

What is meant by 'Price elastic demand?

Business

1 answer:

Semenov [28]1 year ago

8 0

Answer:

The amount requested of an item or service divided by the percentage change in price is the price elasticity of demand. The percentage change in quantity supplied divided by the percentage change in price represents the price elasticity of supply.

Explanation:

have a nice day!

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A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s

denis23 [38]

He should consider exporting since it's a fairly small company.

Explanation:

The manufacturer doesn't have enough knowledge of the country it is expanding it market to and it doesn't have much experience since it is a small company so exporting it's products will push costs such as shipping to the customer which will relief if from making exchange losses and other expenses.

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3 years ago

During September 2022, Carla Vista Diner’s total liabilities decreased by $69000 and its stockholders’ equity increased by $1000

Over [174]

Answer:

assets reduced by $59,000

Explanation:

To solve the problem we use the accounting formula.

Asset= Total liabilities + owner's equity

Since we are dealing with change in asset, liability, and equity

Change in asset = change in liability + change in owner's equity

Change in asset= -69,000 + 10,000

Change in asset= - 59,000

This implies that the company's assets reduced by $59,000

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3 years ago

As a result of the flooding as many as 10000 families ........... homless

melisa1 [442]

Answer:

are is the correct answer

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2 years ago

Any arrangement in which the owner of a trademark, trade name, or copyright licenses another to use that trademark, trade name,

meriva

Answer:

The correct answer is: Franchise.

Explanation:

A Franchise is a company in which one party -<em>the franchisee</em>- gains access to the proprietary information, procedures, and trademarks of an established business -<em>the franchisor</em>. A franchise provides the opportunity to own a company while avoiding many of the initial challenges. The franchisee purchases the right to sell a product or service under an established brand name, the customer already knows the brand, so there is no need for additional resources to launch the products.

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3 years ago

Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Roun

AURORKA [14]

Answer:

FV of ordinary annuity:

$500 per year for 12 years at 6%.

FV = $500 x 16.870 (FV annuity factor, 6%, 12 periods) = $8,435

$250 per year for 6 years at 3%.

FV = $250 x 6.4684 (FV annuity factor, 3%, 6 periods) = $1,617.10

$800 per year for 2 years at 0%.

FV = $800 x 2 (FV annuity factor, 6%, 12 periods) = $1,600

FV of annuity due:

$500 per year for 12 years at 6%.

FV = $500 x 17.8821 (FV annuity due factor, 6%, 12 periods) = $8,941.05

$250 per year for 6 years at 3%.

FV = $250 x 6.6625 (FV annuity due factor, 3%, 6 periods) = $1,665.63

$800 per year for 2 years at 0%.

FV = $800 x 2 (FV annuity due factor, 6%, 12 periods) = $1,600

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3 years ago

What is meant by 'Price elastic demand?​

What is meant by 'Price elastic demand?