Answer:
True
Explanation:
Demand is elastic when a change in price leads to a greater change in quantity demanded. Quanitity demanded is sensitive to changes in price.
If price is increased, quantity demanded falls and if price is decreased, quantity demanded increase.
In this question, total revenue fell despite an increase in the quantity demanded. This indicates that prices fell.
If demand were inelastic, total revenue would increase with an increase in quanitity demanded.
I hope my answer helps you
To make sure you have a representative sample, you should conduct a random survey and then ensure that the sample size is large enough to accurately reflect the population. Random samples remove the possibility of bias from the researcher.
Accounts receivable is the debit to record a purchase order received. Hence, option A is correct.
<h3>What is Accounts receivable?</h3>
Accounts receivable refers to the sum of money due to a company for goods or services delivered or utilized but not yet paid for by customers. Accounts receivable are listed as a current asset on the balance sheet. The term "AR" refers to any money that clients owe for purchases they made using credit.
Accounts receivable are the unpaid obligations owed by customers for products or services they have received but have not yet paid for.
Thus, option A is correct.
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Answer:
What is B. Organizational culture
Explanation:
Organizational culture is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid and, therefore, is taught to new members as the correct way to perceive, think, and feel in relation to these problems.
