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
poizon [28]
3 years ago
7

An owner of a local salon realized that by decreasing the prices that she charges for haircuts, her revenue has increased. This

implies that a. ​The demand for her haircuts is elastic b. ​The demand for her haircuts is unitary elastic c. ​The demand for her haircuts is inelastic d. ​The demand for her haircuts is perfectly inelastic
Business
1 answer:
STALIN [3.7K]3 years ago
4 0

Answer:

The correct answer is letter "A": ​The demand for her haircuts is elastic.

Explanation:

Elasticity is a feature of certain goods and services that affect their quantity demanded after a change in prices. The price elasticity of demand is calculated by dividing the percentage of change in quantity demanded by the percentage of change in price. Results equal to or greater than one (1) imply the demand for that product is elastic while results lower than 1 means the demand is inelastic.

Thus<em>, if a salon owner realizes her revenue increased after decreasing the haircut prices, it implies the demand for haircuts is elastic.</em>

You might be interested in
If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in
Usimov [2.4K]
The owner has $2,000 more in assets. therefor the equity increased by 2,000
6 0
3 years ago
Which of the following items does not result in an adjustment in the merchandiseinventory account under a perpetual system?
pychu [463]

Answer:

c.Payment of freight costs for goods shipped to a customer

Explanation:

In the inventory account management using the perpetual system, whenever there is an event that may result in a change in the carrying value of inventory, the quantity of the change is immediately determined and adjusting entries are posted.

Examples of such events include purchase of merchandise inventory, return of merchandise inventory to the supplier, .Payment of freight costs for goods received from a supplier (this forms part of the cost of inventory).

From the options given, the only entry that will not result in an adjustment to inventory is c.Payment of freight costs for goods shipped to a customer. This will form part of the selling and distribution cost under operating expenses.

3 0
2 years ago
_____ in the emails serve the same role that headlines do in newspapers and magazines.
Anastaziya [24]

Subject lines in the emails serve the same role that headlines do in newspapers and magazines.

Subject lines are the short and single line sentence or phrase seen as the title of an email when received. They do the same purpose as that of the headlines of a newspaper. Newspaper headlines provide a brief idea of the news below it. It is also made attractive. The same goes with the subject line of an email. It needs to be catchy as well as compact. It gives the overall idea of the content of the email to the receiver.

Learn more about emails at brainly.com/question/16936700

#SPJ4

5 0
1 year ago
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017 I
SSSSS [86.1K]

Answer:

<u>cost of goods manufactured schedule</u>

Raw Materials ($9,180 + $55,020 - $17,480)          $46,720

Direct Labor                                                               $51,740

Manufacturing overheads :

indirect labor                                                               $6,510

factory insurance                                                       $4,700

machinery depreciation                                            $4,380

machinery repairs                                                       $1,990

factory utilities                                                            $3,740

miscellaneous factory costs                                       $1,980

Add Opening Work In Process                                 $5,670

Less Closing Work In Process                                  ($7,610)

Cost of goods manufactured                                 $119,800

Explanation:

Cost of goods manufactured schedule shows a summary of results (cost) obtained  from manufacturing activity during the production period.

7 0
2 years ago
assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate
nikdorinn [45]

Answer: 15 million people were employed.

Explanation:

Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).

Mathematically speaking:

25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people

15 million people were employed.  

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

6 0
2 years ago
Other questions:
  • Considere que a empresa vale dos lirios Ltda, recebeu por meio de caixa, o valor registrado an conta de clientes referente a ven
    13·1 answer
  • Best Rate Inc., an insurance company, has seen considerable growth in its telephone-based direct sales division. The management
    14·1 answer
  • What impedes firms from achieving the optimal dispersion of their productive activities to locations around the globe? A) transp
    12·1 answer
  • Jan Stevenson, a sales representative at a medical systems company, just received her performance appraisal from her boss, Linda
    15·2 answers
  • Marketing in foreign markets can require altering the goods or services offered to meet the taste of local customers. therefore,
    6·1 answer
  • Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 785,000 candles for January. Wax is required to pr
    12·1 answer
  • JVL Enterprises has set a target profit of $126,000. The company sells a single product for $50 per unit. Variable costs are $15
    14·1 answer
  • Assume the carrying capacity of the earth is 13 billion. Use the 1960s peak annual growth rate of 2.1​% and population of 3 bill
    6·1 answer
  • The financial statements of the Sunland Company reports net sales of $828000 and accounts receivable of $79200 and $43200 at the
    9·1 answer
  • The following details are provided by Western Wear Merchandisers. The company uses the periodic inventory system.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!