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ArbitrLikvidat [17]
1 year ago
12

On a linear demand curve, if the price is low and the quantity demanded is high, demand is _____ in that region and a price incr

ease will cause _____ in total revenue.
Business
1 answer:
kirill [66]1 year ago
8 0

On a linear demand curve, if the price is low and the quantity demanded is high, demand is Inelastic in that region and a price increase will cause an increase  in total revenue

Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. [1] The term "commercial revenue" can also refer to sales or turnover. Some businesses make money from royalties, interest, or other fees. [2] The term "revenue" can mean income in general or the total amount of money earned over a certain time period, as in "Last year, Company X had revenue of $42 million." The general definition of profits or net income is total revenue less total expenses for a specific time period. Revenue is a component of the Equity section of the balance sheet in accounting, and revenue raises equity.

learn more about revenue:

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Answer:

D) $25,000

Explanation:

Even though Dana and Larry are married, since they are filing separate tax returns, then all the income that Larry must declare are his $25,000 earned as rental income.

If they were filing together, then they would declare $70,000 as combined income (= $25,000 + $45,000).

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2 years ago
The demand for land, labor, and capital used to produce a good depends on which of the following factors?
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D) the availability of land, labor and capital


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Consider a small country that is closed to trade, so its net exports are equal to zero. The following equations describe the eco
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3 years ago
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Answer:

c. equality.

Explanation:

Rent control is a government directive that limits the amount a landlord can charge as rent or for rent renewal. When the landlord is renewing rent there is a maximum percentage for rent increase.

Rent control is intended to create a level of equality for low-income earners and elderly people on fixed income.

This has been a successful initiative and has helped in balancing the standard of living of the target population.

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Codetermination:
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Answer:D. is the inclusion of a corporation's employees on its board.

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Codetermination ensure that workers also also part of the decision makers in a corporate entity.

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