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melisa1 [442]
3 years ago
9

4. Problems and Applications Q4 A price change causes the quantity demanded of a good to increase by 12%, while the total revenu

e of that good decreases by 16%. True or False: The demand curve is elastic in this region. True False
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

False

Explanation:

Demand is inelastic

Demand is inelastic if a change in price has little or no effect on quantity demanded. The coefficient of elasticity is less than one because the percentage change in price is greater than the percentage change in quantity demanded

If demand is inelastic and prices fall, the quantity demanded would rise. But the rise in quantity demanded is less than the price reduction. Therefore, total revenue would fall.

I hope my answer helps you

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Many times, clients will shift new people into the project who have no experience with it as they move their key people to new c
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Answer:

Many times, clients will shift new people into the project who have no experience with it as they move their key people to new challenges. This issue is: One that is external and intellectual.

Explanation:

External issues do not affect an entity obviously.  The clients shifting new people into projects and moving their key people to new challenges know why they must be doing so.  It may be to encourage organizational learning.  It may be because the key people have been promoted and need to move to higher positions.

Most importantly, it is the clients as entities that we should be concerned and deal with.  Clients like other organizational entities have systems, processes, and policies that they work with to produce results.  Their internal management should remain internal and not be externalized by overtly and overzealous outsiders.

6 0
3 years ago
When the effective-interest method of amortization is used for a bond premium, the amount of interest expense for an interest pe
gayaneshka [121]

The amount of interest expense for an interesting period is calculated by multiplying the carrying value of the bonds at the beginning of the period by the effective interest rate.

Amortization is an accounting approach used to periodically decrease the ebook value of a loan or an intangible asset over a fixed time frame. Concerning a mortgage, amortization focuses on spreading out mortgage bills through the years. When applied to an asset, amortization is similar to depreciation.

Amortized price is an accounting approach in which all economic properties need to be suggested on a stability sheet at their amortized fee that is identical to their acquisition general minus their essential payments and any reductions or charges minus any impairment losses and change variations.

Input the corresponding values in cells B1 thru B3. In cellular B4, input the components "=-PMT(B2/1200, B3*12, B1)" to have Excel routinely calculate the monthly charge. As an example, in case you had a $25,000 mortgage at 6.5 percent annual hobby for 10 years, the month-to-month fee could be $283.87.

Learn more about the method of amortization here brainly.com/question/10561878

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5 0
2 years ago
Washington has an extensive collection of baseball cards. He wants to know how much his mint condition, rookie-year Hank Aaron c
Anit [1.1K]

<u>Explanation:</u>

It is recommended by some to determine a card's current market value of by determining whether the card has been professionally graded by the Professional Sports Authenticator, if yes, then one can check up the value on the Sports Market Report (SMR).

However, the Hank Aaron card is Estimated to have a PSA 9 Mint Value of $17,500.

7 0
3 years ago
How is productivity affected when employees multitask? productivity drops by up to 85 percent. productivity increases by up to 4
Marizza181 [45]

Answer:

d) Productivity drops by up to 40 percent.

Explanation:

Multitasking is ineffective task shifting is said to be more effecteve

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3 years ago
A righteous moralist claims that a while operating in a host country, a multinational company should follow the ethical standard
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