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borishaifa [10]
3 years ago
5

The elasticity of demand for a product depends upon the

Business
1 answer:
ddd [48]3 years ago
8 0
The major factor that depends upon the elasticity for a product would be the nature of the product, availability of substitute, income level, level of price, postponement of consumption, number of uses, share in total expenditure, time period and habits.
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Banks get money to lend to borrowers from other people that keep their money in the bank. Its called trustfund.

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1. The IS curve plots the relationship between the interest rate and ______ that arises in the market for ______.
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Answer:

The correct answer is a. national income; goods and services

Explanation:

This is a relationship that we use in macroeconomics.  

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So,  The IS curve plots the relationship between the interest rate and national income that arises in the market for goods and services

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Knowing that accounting and reporting laws differ widely around the world thereby posing risks for the international business, b
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Answer: The answer is explained below.

Explanation:

Physical asset valuation is the process used to determine the fair market value of an asset. Research and development is the process whereby a company works in order to obtain new knowledge that will be used to create new technology, services, products, or systems.

Due to the different accounting practices which are accepted by different countries, companies has to consolidate their accounting into a standard. But in a situation whereby a foreign accounting procedure is translated to an accepted and followed standard, this might lead to valuation discrepancies. Therefore, an asset valued at certain amount may fall in value due to the foreign accounting standard used when compared to local accounting standards.

The same follows with the Research and Development cost as there is currency valuations involved and the gap in values of the currencies of the two nations can lead to differences in the the total cost of the project.

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The answer is C
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3 years ago
Physical or mental injuries caused by a crime are known as what?
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