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valina [46]
3 years ago
5

In business markets with inelastic demand​ ________.

Business
1 answer:
ss7ja [257]3 years ago
6 0

The inelastic demand in the business market will likely result in letter a, because the total demand of the products in the business market will not be likely affected if there is a price changes that will only occur in a short time because it is in inelastic demand.

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Assume that direct material costs in beginning Work-in-Process Inventory is $500 and an additional $1,500 worth of materials is
Len [333]

Answer:

$4.00

Explanation:

Data provided:

Direct material costs in beginning Work-in-Process Inventory = $500

worth of materials is added during the month = $1,500

Equivalent units for direct materials = 500 units

Now,

the total cost incurred

= Direct material costs in beginning Work-in-Process Inventory + worth of materials is added during the month

= $500 + $1,500

= $2,000

Now,

The Cost per equivalent unit for direct materials

= \frac{\textup{Total cost incurred}}{\textup{Equivalent units for direct materials}}

The Cost per equivalent unit for direct materials  = \frac{2000}{500}

or

The Cost per equivalent unit for direct materials = $4.00

8 0
4 years ago
If the dollar falls by 20% against the euro and rises by 10% against the yen, which of the following values for European and Jap
Black_prince [1.1K]

Answer:

Europe: 50% Japan 50%

Europe: 40% Japan 60%

Europe: 60% Japan 40%

None of these values is consistent with this increase

Explanation:

8 0
4 years ago
Country A and Country B both recorded an increase in real GDP of 5 percent per year from 1980 to 2012. During this time, the pop
Murljashka [212]

Answer:

D) per capita GDP decreased for country A only

Explanation:

Per capita GDP is calculated by dividing total GDP by the total population of the country. If the population of the country grows faster than its GDP, then its GDP per capita will decrease.

For example, country A's GDP is $100, and it has 20 citizens, so its GDP per capita for year 1 = $100 / 20 = $5. If the economy grew by 4% and the population grew by 5%, then the GDP per capita on year 2 will = $104 / 21 = $4.95.

4 0
3 years ago
Special Forces is a unique division of the U.S. military. These highly trained individuals work in teams and often plan their ow
Mama L [17]

Answer:

The correct answer is:  controlling.

Explanation:

The controlling function in management helps to measure progress towards the organizational goals and brings with it any variations to indicate corrective action. It is a useful tool that allows organizations to verify if everything is happening according to the initial plan adopted.

5 0
3 years ago
Which of the following factors of production is unlikely to be found in a<br> command economy?
mel-nik [20]

Answer:

A. Entrepreneurship

Explanation:

A command economy is a form of economic system in which the government decides the method of production, price of the goods, and the sale of the goods in the market. It is the opposite of the free market economy. Such type of economy is found in the communist society where the government plays the role of the supreme authority. All the economic activities are controlled by the government while the means of production can be owned by the public.

5 0
4 years ago
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