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Degger [83]
3 years ago
13

The supply of product X is perfectly inelastic if the price of X increases by _______ and, as a result of the price change, the

quantity supplied __________________ rev: 05_14_2018 Multiple Choice a) 5%; increases by 7%. b) 8%; increases by 8%. c) 10%; stays the same. d) 7%; increases by 5%.

Business
1 answer:
konstantin123 [22]3 years ago
7 0

Answer:

c) 10%; stays the same. 

Explanation:

Elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price.

Supply is perfectly inelastic if a change in price has no effect on quantity supplied. The quantity supplied remains unchanged despite changes in price.

I hope my answer helps you

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_____ managers assume that employees dislike work, that motivation is best accomplished by threats and coercion, and that people
lakkis [162]
The right answer for the question that is being asked and shown above is that: "c. Theory Y" This managers assume that employees dislike work, that motivation is best accomplished by threats and coercion, and that people prefer to be directed rather than use their own initiative. This is called the <span>c. Theory Y</span>
3 0
3 years ago
The following transactions are February activities of Swing Hard Incorporated, which offers golfing lessons in the northeastern
Dahasolnce [82]

Answer:

Income Statement for Swing Hard Incorporated for the month ended February 28.

Sales                                                 $20,935

Less Expenses

Wages                                               ($2,600)

Electricity                                           ($1,420)

Net Income / (Loss)                           $16,915

Net profit margin =  80.8%

Explanation:

<em>Income Statement for Swing Hard Incorporated for the month ended February 28.</em>

Sales ($20,600 + $155  + $180)      $20,935

Less Expenses

Wages                                               ($2,600)

Electricity                                           ($1,420)

Net Income / (Loss)                           $16,915

<em>Company's net profit margin</em>

Net profit margin = net profit / sales × 100

                            = $16,915 / $20,935 × 100

                            = 80.8%

Note

The Income Statement is always prepared on <em>accrual basis of accounting</em> meaning Revenues and Expenses must the recorded when they occur or incur not as when they are paid.

6 0
3 years ago
In service learning, you __________. Group of answer choices go through short-term, on-the-job training for pay or academic cred
rjkz [21]

Answer:

The correct answer is letter "B": perform service work without pay.

Explanation:

Service-learning has similar features to <em>volunteer programs, community programs </em>or <em>internships </em>with the difference that service-learning only focuses on learning and the service objectives. It attempts to provide meaningful service through course content where the students must use their critical reflection to complete the tasks assigned. Anybody can be part of service-learning programs considered there is no economic compensation for it.

6 0
3 years ago
Assume that the yen/dollar exchange rate quoted in London at 3:00 p.m. is ×120 = $1, and the New York yen/dollar exchange rate a
Viefleur [7K]

Answer:

This question lacks answers

A. currency swap.

B. arbitrage.

C. backwardation.

D. straddle.

<u>The answer is </u><u>b.</u>

Explanation:

Arbitrage is a common practice used to gain profits from inefficient markets. Since most financial markets are inefficient by nature, dealers and similar business entities that have an interest in this kind of business practice.

The profit in arbitrage is based on the <u>imbalance in the two prices</u> on each market respectively. The term is mainly used for financial markets and various financial instruments (securities, bonds, currencies).

In the example above, the dealer becomes an arbitrageur by making a profit from the difference in the yen/dollar exchange rate in two markets (NY and London.)

8 0
3 years ago
under a - or lump-sum, agreement, the contractor agrees to perform all work specified in the contract at a known cost.
Alexxx [7]

A "stipulated sum contract," commonly referred to as a lump sum contract, is a construction contract where the contractor consents to finish the project for a predefined, fixed amount.

<h3>What its means contract?</h3>

The simplest definition of something like a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically presenting an offer and the other accepting it.

<h3>What are contracts in law?</h3>

A contract is an agreement that is legally binding; I A contract is an agreement that is legally binding at one or both of the parties' discretion but not at the discretion of the other party or parties.

To know more about contract visit:

brainly.com/question/28502672

#SPJ4

7 0
1 year ago
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