Answer:
E
Explanation:
All of the above can be practical depending on your situation
Answer:
The loss amount is "$3,000".
Explanation:
The given values are:
Sale amount,
= $16,000
Ice-cream equipment's cost,
= $90,000
Depreciation,
= $71,000
Now,
The book value will be:
= 
On substituting the values, we get
= 
= 
($)
The loss on the sale will be:
= 
= 
= 
($)
Answer:
Expanded market for their products
Explanation:
International trade is a trade involving individuals or firms in two different countries. A country that has a comparative advantage in producing a product can manufacture it in bulk and sell it to other countries.
The consumers in Canada that require cleaning products can buy them from the USA. In other words, they will be importing . Canadians can also sell excess paper products to the USA. They will be exporting.
By trading, Both Canada and the USA will get markets for the products they have in excess. Business people in this country will profit from international markets. They will increase production, which adds to their countries GDP.
A continuous decrease in the level of prices over time is called deflation. It involves the contraction of the supply of money in an economy. The opposite of such is inflation. During this time, the power of the currency and the wages are high than what is normal. It causes for capital, goods, services and labor costs to be lower. Monetary deflation can be caused by the decrease in supply of money or instruments that can be redeemed by money. In present, the supply of money is influenced by the central bank of each nation. Price deflation can be caused by a decrease in the demand of the goods and services and also increase in the productivity of the economy.
The answer is Inelastic.
Given,
the price of gasoline across Brevard County gas stations increases by 8%.
the quantity of gasoline purchased by Brevard County residents decreases by 2%.
The change in quantity demanded of a good or service when divided by the price change in percentage form the price elasticity of demand.
Price elasticity of demand = Percentage change in quantity demanded of gasoline ÷ Percentage change in the price of gasoline
Now, substituting the value in the above formula we get,
Price elasticity of demand = 2% ÷ 8%
= 0.25
Since the price elasticity for gasoline is less than 1 gasoline is inelastic in demand.
Hence, If the price of gasoline across Brevard County gas stations increases by 8% but the quantity of gasoline purchased by Brevard County residents decreases by 2%, then the demand for gasoline is inelastic.
Learn more about demand:
brainly.com/question/1245771
#SPJ4
