1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleonysh [2.5K]
4 years ago
9

The demand for a product is likely to be more​ elastic:

Business
1 answer:
vivado [14]4 years ago
6 0

The demand for a product is likely to be more elastic if there is a presence of more time passes which is letter c. As a demand of a product will likely be affected with the price changes over the period of time. It is because a demand elasticity occurs when there is a presence of change in regards to the demand for goods, such examples are the income of the consumer.

You might be interested in
As a result of a decrease in the value of the dollar in relation to other currencies, U.S. imports decrease and exports increase
Alina [70]

Answer:

The answer is A. increase in aggregate demand

Explanation:

Decrease in imports and decrease in exports infer net exports are positive, meaning the country is exporting more than it is importing. As a result, demand for goods and services is higher and aggregate demand rises. Aggregate demand rises because more foreign consumers have access to this goods or services in addition to the local demand.

4 0
4 years ago
Franchisers are permitted to recognize the revenue from the sale of a franchise whenever they wish under accrual-basis accountin
arlik [135]

Franchisers are permitted to recognize the revenue from the sale of a franchise whenever they wish under accrual-basis accounting- False.

A franchise refers to a category of retail business in which a license is bestowed to an individual or group to access and market a company's commodities or services in a particular territory. The franchisee is provided with access to the franchisor's proprietary business knowledge, products, procedures, trademarks, and branding in exchange for a franchise fee. An initial start-up fee and an annual licensing fee are paid.

Most lucidly, A franchise can be defined as a joint venture between a franchisor and a franchisee. To note, the franchisor is the original business. The franchise is on the other hand, the purchaser of the rights of the franchisor. Franchises in today's times represent a popular way for entrepreneurs to start a business.

Learn more about the franchise: brainly.com/question/16117684

#SPJ4

6 0
2 years ago
You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value
Oxana [17]

Answer:

$40 million

Explanation:

The computation of stock price is shown below:-

For computing the stock price first we need to compute the firm value which is below:-

Firm value = Free cash flow-1 ÷ (Weighted average cost of capital - Growth rate)

= $70.0 million ÷ (10% - 5%)

= $70.0 million ÷ 5%

= $1,400 million

Stock price = (Firm value - Debt) ÷ Number of shares

= ($1,400 million - $200 million) ÷ 30 million

= $1,200 million ÷ 30 million

= $40 million

6 0
3 years ago
What are some reasons for pleading not guilty in criminal case
timofeeve [1]
You must have an Alibi
5 0
3 years ago
By comparing the types of skills used by managers at different levels within an organization, which of the following is true?
Blizzard [7]

Answer:

B. First-line managers use mainly technical and human relations skills, while top managers devote most of their time to activities involving human relations and conceptual skills.

Explanation:

First-line managers are a group of managers that are tasked to oversee the company's daily operation. This require them to directly communicate with the employees. This is why, they use mainly technical and human relations skills.

Top managers on the other hand, are tasked to oversee the company's long term interest. They are the one that is involved in<u> creating strategic planning</u> that will drive the company to reach its end goal. This is why they rely most of their time on conceptual skills. That being said, top managers also need human relation skills to form network with other people who had high influence in the industry.

7 0
4 years ago
Other questions:
  • Misty Mountain Shop is considering purchasing a new piece of equipment that would be used for 6 years. The cost savings from the
    14·1 answer
  • The following account balances were taken from the adjusted trial balance for Laser Messenger Service, a delivery service firm,
    13·1 answer
  • Kingbird Company is negotiating to lease a piece of equipment to MTBA, Inc. MTBA requests that the lease be for 9 years. The equ
    8·1 answer
  • When your job provides ______, you view the outcomes of it as the product of your efforts rather than the results of careful ins
    15·1 answer
  • During the current year, Witz Electric, Inc., recorded credit sales of $880,000. Based on prior experience, it estimates a 2 per
    8·1 answer
  • Which of the following is true of the management structure of corporations in the United​ States? A. Members of management who a
    7·1 answer
  • A ____ is drawn on a financial institution and is payable upon demand?
    13·2 answers
  • Explain its pros and cons of three bin system
    13·1 answer
  • Hi there !
    10·2 answers
  • Is it more common for a firm to fail due to lack of sales or poor financial management? multiple choice question.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!