1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadezda [96]
3 years ago
11

Each month jessica buys exactly 15 big macs regardless of the price. jessica's price elasticity of demand for big macs is:

Business
2 answers:
faust18 [17]3 years ago
7 0

Price of elasticity of demand represents the measure of the change in the quantity demanded of a product in relation to its price change. The fact that Jessica buys each month exactly teh same quantity of the roduct (Big Mac) no matter what the price of the product ismeans that Jessica's price elasticity of demand for Big Macs is: 0.

In this situation the price of the product does not affect the demand.


vodka [1.7K]3 years ago
3 0
<span>Price elasticity of demand is a measure of the relation between consumer demand for a good and the price for that good. A higher elasticity value means that for each differential change in the price of that good, consumers will buy significantly more or less of the item. However, in this case, the consumer is buying the exact same amount of the product each month, regardless of the price. As such, an economist would say that Jessica's demand for Big Macs is completely inelastic; that is, the value of the price elasticity is zero.</span>
You might be interested in
Under the basic dwelling form, when is damage caused by vandalism included as covered peril?
finlep [7]

Under the basic dwelling form, when is damage caused by vandalism included as covered peril when a premium for extended coverage is mentioned in the declaration.

<h3>What is dwelling policy ?</h3>

A dwelling policy is a substitute to a homeowners insurance. Dwelling insurance can cover more than just fire only. It is the part of homeowners insurance policy that helps pay for the rebuilding, repair of physical structure of one's home if the damage is by covered hazard. But Dwelling policy isn't for all, so it can be beneficial for: Vacation homes, Vacant homes, Rental properties, Older homes, and Seasonal homes.  

The damage caused by vandalism is covered under the basic DP-1 form when a Premium for Extended Coverage is mentioned in the Declarations. perils such as Vandalism, Hail or Windstorm, Explosion, Riots, Smoke, Vehicles, and Volcanic Eruption can be included.

Therefore Under the basic dwelling form, Damage caused by vandalism included as covered peril when a premium for extended coverage is mentioned in the declaration.

Learn more about Dwelling policy here:

brainly.com/question/14319237

#SPJ1

7 0
1 year ago
According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is
marusya05 [52]
Managing because it's non profit
4 0
4 years ago
As the manager of Margarita Mexican​ Restaurant, you must deal with a variety of business transactions. Provide an explanation f
Shalnov [3]

Answer:

A. Debit Equipment and credit Cash.

  • You purchase equipment and you pay in cash.

B. Debit Dividends and credit Cash.

  • You paid cash dividends.

C. Debit Wages Payable and credit Cash.

  • You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.

D. Debit Equipment and credit Common Stock.

  • You received equipment in exchange for common stock.

E. Debit Cash and credit Unearned Revenue.

  • You received cash in advance for some food that you will deliver in the future.

F. Debit Advertising Expense and credit Cash.

  • You incurred in advertising costs and you paid them in cash.

G. Debit Cash and credit Service Revenue.

  • You sold meals and your clients paid you in cash.

7 0
4 years ago
Cause-related marketing activities involve a company strategically engaging in socially responsible activities in order to incre
gtnhenbr [62]

Answer:

strategic initiatives

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question these activities would most likely be categorized as an organizations strategic initiatives. This term refers to the means through which a vision is translated into practice. Which in this situation the vision/goal is to increase the firms value and they are doing this by donating to various causes in an attempt to become more socially accepted.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
All organizational practices and decisions that affect either the number or types of individuals willing to apply for and accept
sdas [7]

Answer:

recruiting

Explanation:

All organizational practices and decisions that affect either the number or types of individuals willing to apply for and accept job offers is recruiting. This is because this practice involves everything that has to do with bringing individuals into the company, by convincing them that the company is the best fit for them at a professional level with regards to their abilities and personality.

6 0
3 years ago
Other questions:
  • Nemo Haulers is considering whether to purchase a new mini tractor for moving furniture within its warehouse. Nemo calculates th
    6·1 answer
  • You should check your mirrors____ a. Once every hour B.once every 3 to 5 seconds C. Once every two to three minutes
    13·2 answers
  • Matteo just left the Army after 20 years of service. During his service, he managed to save a little money and is now entitled t
    9·1 answer
  • Roberto Designers was organized on January 1, 2018. The firm was authorized to issue 160,000 shares of $6 par value common stock
    6·1 answer
  • 1. The design and management of seamless, value-added processes across organizational boundaries to meet the real needs of the e
    10·1 answer
  • How much will Molly’s monthly payment be?
    14·2 answers
  • Discretionary fiscal policy is best described as:______
    11·1 answer
  • True or false a study with a larger sample is more likely than a smaller study to get the result that p &lt; 0.05
    12·1 answer
  • how can electricity, communication, and transportation facilities indicate the potential for industrial growth?​
    11·1 answer
  • 2. What are mortgage brokers?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!