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Alexeev081 [22]
3 years ago
9

Because farm products have a low elasticity of demand a small change in output will have

Business
1 answer:
GaryK [48]3 years ago
7 0
<span>Because farm products have a low elasticity of demand a small change in output will have a similar effect on the price. Since the low elasticity of demand directly relates to </span>pricing, when the smaller change in output happens, a smaller drop in profits does as well. The price of the item will decrease to compensate for less products selling. 
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Which of the following is true regarding positive organizational scholarship? a. It involves monitoring negative practices in or
Harrizon [31]

Answer:

Letter D is correct. It studies how organizations develop human strengths, foster vitality, and unlock potential

Explanation:

Positive Organizational Scholarship is a way for an organization to motivate and stimulate the capabilities of its employees. It is a way of identifying the strengths and weaknesses of each employee and encouraging them to improve their skills and developing new skills that will help them to succeed. joint result of the company.

5 0
3 years ago
The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris's annual sales are
Vinil7 [7]

Answer:

8.14 times

Explanation:

The computation of the Time interest earned ratio is shown below:

As we know that

Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)

where,

Earnings before interest and taxes = Income before income tax for the year + Interest expense

But before tha,  we need to do the following calculations

The interest amount  is

= $350,000 × 0.08

= $28,000

The net profit is

= $1,750,000 × 8%

= $140,000

The EBIT is

= Profit before tax + interest expense

= $140,000 ÷ (1 - 0.30) + $28,000

= $200,000 + $28,000

= $228,000

And, the interest expense is $28,000

So, the TIE ratio is

= $228,000 ÷ $28,000

= 8.14 times

3 0
3 years ago
In data mining, finding an affinity of two products to be commonly together in a shopping cart is known as:
adoni [48]

In data mining, finding an affinity of two products to be commonly together in a shopping cart is known as:

  • Association rule mining

<h3>What is Association Rule Mining?</h3>

This refers to the machine based learning method which aims to find similarities between variables in large databases.

With this in mind, we can see that when the affinity of two common products is used such as a shopping cart, in data mining, this is known as the association rule mining.

Read more about data mining here:

brainly.com/question/13954653

5 0
2 years ago
What is a good reason to contribute to a 401(k) retirement account?
kykrilka [37]

Answer:

The money in the 401(k) account is not taxed until withdrawn.

Explanation:

A 401 (k) can be defined as a type of compensation (savings) plan that is being sponsored by a business firm or company (employer) to avail its employees the opportunity to contribute into. As a company-sponsored and defined-contribution retirement savings plan, it offers tax advantages to the employees because it reduces their income tax for the particular year while taxing their withdrawals.

A good reason to contribute to a 401 (k) retirement account is that, the money in the 401 (k) account is not taxed until withdrawn. Thus, the money contributed by an employee to a 401 (k) will maintain its tax-deferred status until  he or she withdraws it.

For example, a 401 (k) would be the best retirement savings option for a 50-year old medical doctor whose employer offers a 5% contribution match.

4 0
3 years ago
Leaders using the __________ style of leadership are only minimally involved in decision making and encourage group members to m
Alexeev081 [22]
<h2>Leaders using the "authoritarian leadership" are only minimally involved in decision making and encourage group members to make their own decisions.</h2>

Explanation:

  • Authoritarian leadership is also called Autocratic leadership.
  • They take little inputs from the group and has overall control and decision making power.
  • They do not accept advice from others
  • They do not trust others and try to rule everyone.
  • Most of the team members are not allowed to participate in any of the event and not even the immediate subordinate. Team members work like a robot.
  • It often outcomes only adverse effects.
8 0
3 years ago
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