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pishuonlain [190]
4 years ago
6

If total revenue goes up when the price falls, demand is said to: be price unit-elastic. have positive price elasticity. be pric

e-inelastic. be price-elastic.
Business
1 answer:
Sholpan [36]4 years ago
7 0
The answer to this item is letter <em>C. PRICE ELASTIC. </em>

The price elastic demand as stated in this given corresponds to the increase or rise in the total revenue when the price is brought down or decreased. This is indicated by the PED (price elasticity of demand).

The total revenue is calculated by multiplying the total items, good, or services sold by the unit price. For the demand which is price elastic, the decrease in the price will cause a higher raise in the number of customer vying for the products and services. 
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Answer:

competition

Explanation:

team members be competing against each other

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3 years ago
While entrepreneur is a type of _______ role, leader is a(n) ______ role.
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While entrepreneur is a type of decisional role, leader is a(n) interpersonal role.

<h3>Who is an entrepreneur?</h3>

An entrepreneur is an individual who is responsible for making decisions regarding the control, financing and organization of a business.

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A leader is an individual who is either elected or appointed to oversee the activities of a particular group of people at a particular time. He must be able to interact effectively with his followers in order to ensure unity and progress.

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4 0
2 years ago
On May 10, Sheffield Corp. issues 2,500 shares of $5 par value common stock for cash at $12 per share.
Murljashka [212]

Answer:

Explanation:

The journal entry to record the issuance of common stock is shown below:

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    To Common Stock $12,500                 (2,500 shares × $5)

    To  Additional Paid-in Capital in excess of par - Common Stock $17,500

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

While issuing the stock, we debited the cash account and credited the common stock and additional paid-in capital account

3 0
4 years ago
A small town has few available workers, and unemployment is low. A family-owned restaurant in town has just had a very good year
Sonbull [250]
Below are the choices that can be found elsewhere:

The restaurant will post strict education requirements for new hires. 

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The restaurant will offer a higher wage than other comparable bu


The answer is "<span> The restaurant will offer a higher wage than other comparable bu"</span>

7 0
3 years ago
Read 2 more answers
With vivid example from Tanzania explain how commerce completes production process​
muminat

Answer:

Commerce is a fundamental part of the productive economic process, through which the goods and services that were produced in an economy are placed on the market. Thus, it is part of the third sector of the economy, capitalizing production and supplying the public with the goods and services it needs for its daily development.

Thus, for example, the Tanzanian economy is made up of 80% agricultural production, which makes up the primary sector of the economy. This country lacks a developed industrial structure, so its secondary sector is very short. Now, the agricultural products that are produced in the country are marketed both in the domestic market and through exports, with which the tertiary sector of the Tanzanian economy is based in turn on the nation's primary production.

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