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My name is Ann [436]
2 years ago
8

Demand for food doesn't change in response to a change in price. Why? 

Business
2 answers:
Butoxors [25]2 years ago
7 0
The price of elasticity of the product maybe considered inelastic since there is little to no responsiveness to the change in price of the product. A factor or reason can be that it is a necessity so persons still have to buy the product no matter the change in price.
MAXImum [283]2 years ago
5 0

Answer:

Demand for food is inelastic

Explanation:

Inelastic demand means that people buy about the same amount of goods whether the price drops or rises. In this case, food demand doesn't change in response to a change in price. This behaviour is common with things that (despite the price) people must have, like food or gasoline.

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Passive income is an income earned without making an extra effort. According to the US Internal Revenue Service, passive income could be in two forms: rental income and income earned from business and trade activities. Additionally, royalty is an example of a passive income. Therefore, the correct answer is B.





7 0
3 years ago
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leadership has many facets, but the central feature of leadership is the ability to command and control others.
Step2247 [10]

The statement is True. Leadership has many facets, but the central feature of leadership is the ability to command and control others.

“The movement of Leadership a collection of people or an employer.” this is how the Oxford Dictionary defines management. In simple phrases, management is set taking dangers and hard the status quo. Leaders inspire others to obtain something new and higher.

Management abilities may be practiced to any degree irrespective of the identity you have. Leadership may be a critical capability to have because a great leader is capable of convey out the quality talents in his/her team participants and motivating them to paint collectively in attaining a shared intention.

One definition of management is to “inspire, influence and manual others to take part in a not unusual effort.” right leaders do not simply bark orders or hand out directives without an explanation. as an alternative, they use effective communication and motivation strategies to facilitate motion by using their teams.

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4 0
1 year ago
Buying a government bond is __________.
Vlad [161]
I’m pretty sure the answer is d
7 0
3 years ago
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1. A company issues new stock with a fair value of $120,000 to acquire 85% of the stock of another company. The fair value of th
Delicious77 [7]

Answer:

A. $10,500

Explanation:

FV of IDNA:  

Book value                                                     $ 15,000

Revalued plant assets                                    ($25,000)

license agreements                                           $30,000

Intangible assets                                             $50,000

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Non-controlling interest valued at the date of acquisition, following the alternative method allowed by IFRS = 15% * 70,000 =  $10,500.

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3 years ago
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Kaylis [27]

Effective management theories can be the basis of a success in a business. ... It is thus the duty of managers to plan, organize, lead and control the various functional areas with the aim of ensuring that the entire organization moves towards the same organization

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