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Rudiy27
1 year ago
10

The ratio of the percentage change in the quantity supplied of a good/service/e-good/e-service to a given percentage change in i

ts price, or cost, is known as the price elasticity of supply. True False
Business
1 answer:
KiRa [710]1 year ago
4 0

The answer is true. The percentage change in quantity supplied as a result of a specific percentage change in the commodity's own price is known as price elasticity of supply.

It is determined by dividing the percentage change in the quantity delivered by the percentage change in the commodity's price. These factors impact the price elasticity of supply: Number of producers: simplicity of entrance. Spare capacity: If there is a change in demand, it is simple to expand production. Switching is simple when production of the good may be changed, making the supply more elastic. The availability of non-essential items like soft drinks.

To learn more about supply, click here.

brainly.com/question/13296654

#SPJ4

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Which one of these statements is correct?
Simora [160]

Answer:

<u>(A) When selecting one of two projects, managers should select the project with the higher total expected cash flow.</u>

Explanation:

  • When running a business the managers must take into account the type of business entity they are dealing with and also find the projects that deliver maximum returns and give them the maximum benefits.
  • The business run by the sole owners must be based on generating a good client base and reducing the cost associated with the company.
  • Thus it's essential to select the cash flow with a high amount of growth and lower risks.
5 0
3 years ago
Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resourc
Vaselesa [24]

Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resources needed to produce goods and services. Based on this information, we can thus say that Global Blenders is a Distributor not a supplier.

<h3><u>Explanation:</u></h3>

There are three important terms associated with the supply chain management. They are distributors, suppliers and wholesalers. Distributors are those who are directly related with the manufacturers and they represent the manufacturers in some way. Distributors have buying agreements that includes only certain number of members and also they usually cover certain specific areas.

Suppliers are those who provide goods and services to the wholesalers, retailers and also to the distributors. They usually have a very close relation with the distributors and provide them the goods and services they need.Global Blenders sells goods and services but they are not responsible for providing resources for the purpose of producing goods and services. Thus, Global Blenders is a Distributor not a supplier.

5 0
3 years ago
Read 2 more answers
Mia has an investment that is worth $12,000 after 4 years. If the initial investment was $8,000, what is the annual simple inter
Alexus [3.1K]

Answer: 12.5 %

Explanation:

Hi, to answer this question we have to apply the simple interest formula:  

I = p x r x t  

Where:  

I = interest (investment after interests - principal; 12000-8000=4000)

P = Principal Amount (initial invest)  

r = Interest Rate (decimal form)  

t= time  

Replacing with the values given  

4,000= 8,000 (x) 4

Solving for x :

4,000= 32,000x

4,000/ 32,000 =x

x= 0.125

Since the interest rate is in decimal form, we have to multiply it by 100 to obtain the percentage.

0.125 x 100 = 12.5 %

Feel free to ask for more if needed or if you did not understand something.  

6 0
2 years ago
The opportunity cost of an additional 100 dolls is 100 fire trucks. b The opportunity cost of an additional 100 dolls is 50 fire
SVEN [57.7K]

Answer:

The correct answer is The opportunity cost of an additional 100 dolls increases as more dolls are produced.

Explanation:

The opportunity cost is understood as the cost incurred in making a decision and not another. It is that value or utility that is sacrificed for choosing an alternative A and neglecting an alternative B. Taking a path means that the benefit offered by the discarded path is waived.

In any decision taken there is an implicit waiver of the utility or benefits that could have been obtained if any other decision had been made.

For each situation there is always more than one way to address it, and each form offers a greater or lesser utility than the others, therefore, whenever one or the other decision is made, the opportunities and possibilities offered by the others will have been renounced, that may be better or worse (opportunity cost greater or lesser).

7 0
3 years ago
The Federal National Mortgage Association (Fannie Mae) was originally established to provide a secondary market for FHA-insured
Crazy boy [7]

The statements regarding Fannie Mae loan are true except that A. Fannie Mae lends money directly to homebuyers.

<h3>How to illustrate the information?</h3>

It should be noted that Federal National Mortgage Association (Fannie Mae) was established to provide a secondary market for FHA-insured and VA-guaranteed loans.

Fannie Mae fully guarantees timely payment of interest and principal to investors and is authorized to buy both conventional home loans and government-sponsored

In conclusion, the correct option is A.

Learn more about loan on:

brainly.com/question/26011426

#SPJ1

3 0
2 years ago
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