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devlian [24]
3 years ago
14

When demand is unit​ elastic, a change in price causes total revenue to stay the same because A. total revenue never changes wit

h price changes. B. the percentage change in quantity demanded exactly offsets the percentage change in price. C. the change in profit is offset by the change in production cost. D. buyers are buying the same quantity.
Business
1 answer:
Keith_Richards [23]3 years ago
8 0

Answer:

B. the percentage change in quantity demanded exactly offsets the percentage change in price

Explanation:

Unit elastic demand is an economic theory that assumes a change in price will cause an equal proportional change in quantity demanded.

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The CFO of Twine Enterprises expects sales to increase from $8,000,000 in 2010 to $12,000,000 in 2011. Current assets in 2010 ar
Paraphin [41]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
All three of the $5000 billion GDP figures (Production, Income and Spending) are in ____________ dollars.a. Unadjusted, seasonal
Nataliya [291]

Answer:

The correct answer is letter "D": Inflation adjusted, real.

Explanation:

The real value is one that has been adjusted for inflation, allowing amounts to be measured as if the market price of goods had remained the same. Moreover, real-life modifications in value omit the impact of inflation. Following this process, the <em>real Gross Domestic Product</em> (<em>GDP</em>) can be calculated.

4 0
3 years ago
Mitchell Company receives a bill from one of its suppliers for advertising services received and will pay the supplier next mont
saveliy_v [14]

Answer: the correct option is D.

Explanation: First we shall define Liabilities and Equity.

Liabilities are the obligations of a company, meaning that, they are amounts owed to creditors for past transactions and they usually have the word "payable" in their account title.

Equity is the remaining value of an owner's interest in a company, after all liabilities have been deducted.

From the definitions above, we can see that the liabilities of Mitchell Company have increased because the company owes the supplier. While the equity has decreased because it is what is left of the value of the company after the liabilities have been deducted.

4 0
3 years ago
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If you have to decide to claim a credit or deduction on<br> your taxes which should you take?
Lina20 [59]

Answer:

Form 1040

Explanation:

6 0
3 years ago
As a store manager, Leah has to play the role of negotiator, such as purchasing products at a fair price for her company. As she
crimeas [40]

Answer:

negotiator

Explanation:

According to my research on different management roles and responsibilities, I can say that based on the information provided within the question Leah is playing the negotiator role. This is the act of bargaining in order to obtain the best possible outcome in a certain scenario. Like what Leah is doing in order to get the best price for certain products.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
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