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Aleksandr-060686 [28]
3 years ago
6

Factors in determining the elasticity of demand for a good

Business
1 answer:
Whitepunk [10]3 years ago
8 0

Answer:

1.  Nature of commodity

2.  Availability of substitutes

3.  Income level

4. Postponement of consumption

5. Number of uses

6. Share in total Expenditure

7. Time period

Explanation:

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TB MC Qu. 6-101 Data concerning Bedwell Enterprises ... Data concerning Bedwell Enterprises Corporation's single product appear
Alexxandr [17]

Answer:

Break-even point in units= 6,547 units

Explanation:

Giving the following information:

Selling price per unit $160

Variable expense per unit $91.50

Fixed expense per month $429,490

Desired profit= $19,000

<u>To calculate the number of units to be sold, we need to use the break-even point formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (429,490 + 19,000) / (160 - 91.5)

Break-even point in units= 6,547 units

4 0
3 years ago
Which of the following statements is more likely if cash and marketable securities increase by $5,000 during a period in which c
Goryan [66]

Answer:

C) Debt increases by more than cash dividends paid

Explanation:

Based on the information given the statements that is more likely based on the below calculation will be : DEBT INCREASES BY MORE THAN CASH DIVIDENDS PAID reason been that the NET INCREASE IN THE CASH from financing activities was the amount of $4,500

Net Increase In The Cash from financing activities = $5000 - $1000 + $500

Net Increase In The Cash from financing activities= $4500

4 0
3 years ago
What is hippopotomonstrosesquippedaliophobia
Rudik [331]

a fear of long words

7 0
3 years ago
An engineer at 3M Company developed a new product concept called Post-It notes by applying adhesive glue to small pieces of pape
Korvikt [17]

Answer: Invention

Explanation: An invention is the creative ability of an individual to make something that has not been made before.

It is also a process of creating an item, service or something that has not been seen or used before.

The Engineer at 3M made a new product concept called Post-It notes by applying adhesive glue to small pieces of paper is a new invention.

8 0
3 years ago
Kathy, Sue, and Christina own a bakery. Each day all three women spend hours baking cakes, decorating cakes, and packaging cakes
Andreyy89
I believe the correct answer is C. specialization.
If they divide their work between themselves, it will be easier for them to get the job done more quickly. If Kathy specializes in baking, Sue in decorating, and Christina in packing, instead of doing all of these together, they won't spend as much time working.
6 0
3 years ago
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