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Ivenika [448]
3 years ago
6

When ruko, a device used to stream movies at home, increases prices by 48% total revenue decreases by 61%?

Business
1 answer:
Free_Kalibri [48]3 years ago
3 0

Answer: Demand is elastic

Explanation:

Total revenue from the sale of a good is negatively related to the price when demand for the good is elastic and positively related to the price when demand for the good is inelastic.

So, as increase in price by 48% decreases total revenue by 61%, therefore the demand for Ruko, a device used to stream movies at home is elastic.

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One way to test an association claim is with a –. This test compares – variables, and the results of the test have two primary c
Alenkasestr [34]

Answer:

The correct answer is bivariate correlation, two, direction, strength

Explanation:

The correlation is based on linear association, that is, when the values of one variable increase the values of the other variable can increase or decrease proportionally. For example, height and weight have a positive linear relationship, as height increases the weight increases. If we plot a point with both variables the point cloud will resemble a diagonal if there is a correlation between the variables.

3 0
3 years ago
Select the guidelines you should follow when creating a business letter
8090 [49]

Answer:

  • Write clearly and concisely  
  • Use a font, size, and style that is suitable
  • Eliminate mistakes.
  • Remain polite even when dealing with a dispute

Explanation:

Business letters are meant to use formal language because they are to serve as official communication between the parties involved. As such, writing should be clear and concise which means it should be straight to the point.

Use a font, size and style that is suitable and will be taken seriously for instance, Times New Roman and Arial are widely used as they project professionalism. There should be no mistakes which means the letter should be proofread and even when dealing with disputes, politeness should be maintained as emotive writing is not to be featured in formal writing.

5 0
3 years ago
The total amount of debt owed by the Federal government is represented by the total value of the outstanding:
Angelina_Jolie [31]

Answer:

U.S. government securities

Explanation:

Governments use different methods to regulate money flow within the economy and also to borrow money for running it's activities.

One of such methods is the sale of government securities.

They are issued to buyers to obtain funds for government use. The government now makes a commitment to pay the owed amount at a future date.

They include: treasury bills, treasury notes, treasury bonds, and treasury certificates.

Government securities represents the total amount of debt owed by the Federal government

6 0
3 years ago
Which of the following is true about the self-employed health insurance deduction? a. Medical insurance is allowed as a deductio
Luden [163]

Answer:

b. Long-term care insurance is allowed as a deduction, subject to a dollar limitation.

Explanation:

Long-term care insurance is designed to provide daily benefit to the holder when he is in need of assistance do some activities related to daily living such dressing, eating, bathing, and among others.

It is possible for self employed to qualify to deduct 100% of the premium paid for long-term care insurance subject to the maximum of 2020 age-based eligible premium amounts as provided below:

Age 40 and below = $430

Age 41 - 50 = $810

Age 51-60 = $1630

Age 61-70 = $4350  

Age 71 and over = $5430

3 0
3 years ago
"An online service allows users" to integrate their phonebook with their social media profiles and stores it on the cloud. The p
lara [203]

Answer:

software as a service (SaaS)

Explanation:

Software as a service -

It is the model of software distribution , where the third - party provider hosts the applications and provide them to the customer on the internet .

It is the one of the main categories of the cloud computing .

It is similar to application  service provider , even the host is similar to that of the ASP .

In this model , the provider gives a network based access to the customer .

4 0
3 years ago
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