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saveliy_v [14]
2 years ago
6

Jim saw a decrease in the quantity demanded for his firm's product from 8000 to 6000 units a week when he raised the price of th

e product from $200 to $250. Based on this information, the demand for Jim's product is a) Elastic b) Unitary elastic c) Inelastic d) Hard to determine
Business
1 answer:
Vadim26 [7]2 years ago
3 0

Answer:

The answer is A.

Explanation:

If a a product is price elastic that means it is sensitive to price. If there is an increase in price, the quantity demanded of that product will drop and if there is a decrease in price, the quantity demanded of that product will rise. Price elasticity has a value greater than one.

Because the price rose from $200 to $250, quantity demanded fell from 8000 units to 6,000 units.

If it were to be inelastic, the quantity demanded will not change or will change with very little percentage.

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All of the following can be associated with asset-backed securities except A) the securitization of assets. B) minimal risk. C)
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B-minimal risk

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What do most companies do when they look to provide an offering to global markets?
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3 years ago
The mass of the box is 5kg (the mass center is located in the middle of the box), the mass of a lower arm plus a hand is 1.5 kg
Ray Of Light [21]

Answer:

Force of Compression= 1,315.322 N

Shear Force = 0 N

Explanation:

Given

Mass of Box = 5kg

Mass of lower arm = 1.5kg

Mass of upper arm = 2kg

Mass of Torso = 27kg

Calculating the weight of the parameters above

Weight of Box = Wbox = 5kg * 10N/kg = 50N

Weight of Lower arm = Wlow = 1.5 * 10 = 15N

Weight of Upper arm = Wup = 2 * 10 = 20N

Weight of Torso = Wtor = 27 * 10 = 270N

The force on the muscle is calculated by the following:

Fmus= Wbox* a/5 + Wlow* b/5 + Wup*c/5 where a,b, and c represents the corresponding lengths of each weights

Calculating a,b and c (See attachment) where angles are 30° and 20°

a = (sin 30) * 14.2 + (cos 20) * 14.5

a = 7.1 + 13.6 = 20.7 in.

b = 13.6 + (7.1/2) = 17.2 in.

c = (14.5/2) cos 20 = 6.8 in

Fmus= 50 * 20.7/5+ 15* 2 * 17.2/5+ 20* 2 *6.8/5 = 364.3N

.... * 2.54 inch

Fmus = 364.3 * 2.54 = 925.322N

Force of compression is calculated as

Fcomp= Fmus + Wtor + Wbox+ 2* Wlow+ 2* Wup

Fcom = 925.322 + 270 + 50 + 2 * 15 + 2 * 20

Fcomp = 1,315.322 N

Fshear = 0 N because no force perpendicular to L5/S1

6 0
3 years ago
The sales department of a mutual fund firm sets goals for the next fiscal year to sell a certain number of mutual funds each mon
dezoksy [38]

Answer: Objective

Explanation:    

According to the given question, the company is only sets the main target on the basis of given requirement but does not provide any other details.

So, this organizational goals is known as the objective goals as it sets the main effective objective without providing any other details.

The main purpose of the objective goals is to developing the main policies related to sales and progress in an organization by setting the main aim of the company. Therefore, Objective is the correct answer.

4 0
3 years ago
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