Answer:
$2,678
Explanation:
Calculation for what is Steve's refund or balance due
Refund or balance due=3461 - [(24,000-18,660)*.1598]
Refund or balance due= 2607-(570-500)
Refund or balance due= $2,678
Therefore Steve's refund or balance due is $2,678
Answer:
See below
Explanation:
Price elasticity of demand describes how responsive the product of a product is to changes in its price. The term elasticity originates from elastic, which means to stretch. A product is price elastic if a small change in price has a significant impact on its demand. Should the price increase by a small percentage, the demand decreases by a considerable difference.
The demand for some products does not react to changes in prices. A small percentage increase or decrease in price does not result in a big change in the quantity demand. Such products are said to be price inelastic.
Substitute goods or goods with close alternatives are the most price elastic. A small change in price will make consumers consider the other alternatives. Examples of price-elastic goods and services include transport services, furniture, motor vehicle, and professional services such as lawyers, doctors, and auditors.
Based on the given scenario above, I believe that it is FATIGUE or OVER FATIGUE that has caused what Tyler is experiencing now. He has been exerting too much physical and mental energy on all his works and this built up pressure on him and reached to the point that he felt extreme tiredness. Hope this answers your question.
Answer:
. Obtaining third-party written quality and quantity reports prior to payment for the raw materials
Explanation:
Purchases of raw materials can be regarded as purchases of all commodities that is required as inputs in the process of production as well as related to the supply of factors of production. It should be noted that Effective controls relevant to purchasing of raw materials should usually include; ✓Determining the need for the raw materials prior to preparing the purchase order.
✓Systematic reporting of product changes that will affect raw materials. Obtaining financial approval prior to making a commitment.
Answer:
Which of the following is true if the production of a good gives rise to a positive externality?
The demand curve for the good shifts to the right in the presence of positive externalities.
Explanation: