1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
melisa1 [442]
4 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]4 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

You might be interested in
Which of the following organisations is most likely to sell shares for sale to invited investors?
Vsevolod [243]

Answer:

C. Private limited company

Explanation:

Ownership in a private limited company is restricted, unlike in a public limited company. The shareholders of a private limited company are usually family members, close friends, or people with a shared interest.

A private limited company can raise capital by selling additional shares. Because becoming a shareholder in a private limited company is restricted, private companies raise capital by selling shares to existing shareholders or to invited investors.

5 0
3 years ago
City Bus Corporation provides school bus transportation to private and public schools in Lancaster County. City Bus owns 50 buse
Greeley [361]

Answer:

1. The measures that City Bus Risk Manager should take in the risk management process are as follows

Figure out the risk context: In this case, we need to find out which market City Bus is catering to and what sort of service it can provide. The risk manager will take into account what the business requirements are, what are the technical criteria for delivering this service, such as the legal regulations that City Bus has to follow.

5 0
4 years ago
Put the following steps in order to indicate how a malignant tumor may develop. a - An environmental mutagen such as UV light mu
oksian1 [2.3K]

Answer:

The answer is B, D, A, C.

Explanation:

The order to indicate how a malignant tumor may develop is:

b - A single mutation of BRCA1 is inherited.

d - An oncogene forms when DNA mistakes are not corrected.

a - An environmental mutagen such as UV light mutates the p53 gene.

c - Mutation that allows invasion of other tissues develops.

4 0
4 years ago
Cushman Company had $846,000 in sales, sales discounts of $12,690, sales returns and allowances of $19,035, cost of goods sold o
Inessa [10]

Answer:

Explanation:

I'm pretty sure that gross profit is simply just sales-Cost of goods sold

846,000-401,850= 444,150

5 0
3 years ago
In your own words define ecology and discuss how it relates to child development
tatuchka [14]
Ecology is a systematic relationship of all living things with each other and their interaction with the environment that they live in. All living things in the world are connected with each other in terms of energy. So, it affects child development in ways of eating food from plants and animals. Moreover, the child could be molded by social interactions within the community.
5 0
3 years ago
Other questions:
  • Why teach for america teachers perform better than other teachers
    5·1 answer
  • What can you expect when you ask clients for testimonials?
    8·1 answer
  • George manages inventory for a company. The company has been struggling to reduce production costs in all departments for severa
    6·1 answer
  • If you can invest $1,000 today and it will grow to be worth $1,350 over the next 6 years, what is the compound annual return you
    7·1 answer
  • Social regulation : A. is more concerned with the overall standard of living of society rather than with details of production p
    7·1 answer
  • Marketing in foreign markets can require altering the goods or services offered to meet the taste of local customers. therefore,
    6·1 answer
  • What process guides your entry and closing points? 1. Reducing the randomness of your approach 2. Pragmatic 3. Facilitate adapta
    7·1 answer
  • The Absolute Zero Co. just issued a dividend of $3.40 per share on its common stock. The company is expected to maintain a const
    5·1 answer
  • Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Direc
    8·1 answer
  • g A producer of beverages and snack foods wants to market its products to the 18-to34-year-old demographic by providing incentiv
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!