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konstantin123 [22]
4 years ago
10

In the sample scenario, what does this mean about the elasticity of wheat in relation to supply?

Business
2 answers:
Xelga [282]4 years ago
7 0

A- Wheat is relatively inelastic.

atroni [7]4 years ago
6 0

Answer:

A. Wheat is relatively inelastic.

Explanation:

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What is a personal income tax
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Personal income tax is generally computed as the product of a tax rate times taxable income

Explanation:

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3 years ago
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Name at least one other familiar item besides money that could serve as a model for isotopes
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Pennies or other coins work well as models for isotopes while studying radioactivity. Other objects that can also be used in place of money are paper clips, postage stamps and rubber bands. These objects are used to produce shadowgraphs as all these objects cast shadow when these are exposed to a visible light source. 
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The following amounts were reported on the December 31, 2019, balance sheet: Cash $ 8,000 Land 20,000 Accounts payable 15,000 Bo
Galina-37 [17]

The acid test ratio for the firm as on 31st December 2019 will be 0.85 as per the information contained under the balance sheet.

<h3>What is acid-test ratio?</h3>

The ratio, which is derived by the division of the current assets less inventories with the current liabilities of the firm, is known as the acid-test or quick ratio.

Using the formula and given information, the acid-test ratio will be computed as,

\rm Acid\ Test\ Ratio= \dfrac{Current\ Assets\ - Inventories}{Current\ Liabilities}\\\\ Acid\ Test\ Ratio= \dfrac{150000-30000}{140000}\\\\\rm Acid\ Test\ Ratio= 0.85

Hence, the acid-test ratio is as computed above.

Learn more about acid-test ratio here:

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8 0
2 years ago
Placing officers of a ________ firm on the board of directors of a new firm can reduce the problem of ________.
Stells [14]

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The answer is "security exchange and adverse selection"

Explanation:

In this question, the above given-choice is correct because the issue of information asymmetry can be decreased by including security personnel among the directors of a new firm. And throughout the Security And exchange Agent would distinguish and direct the Boards on topics of elimination of information asymmetry, based mostly on the risk associated with the market.

7 0
3 years ago
Customer Q, age 40, is married with 3 young children. He earns $120,000 per year and has $10,000 of liquid assets to invest. The
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A low load variable annuity separate account with a growth objective

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The customer's aim is to take retirement when he is around 60 years old, because he does not have a portfolio, a large stock fund mutual funds does not provide a lot of income, resulting in a higher risk and high risk.

A low load variable annuity separate account with a growth objective is the best suggestion for this customer to invest his money, because variable annuity will pay till the customer passes that better matches his objective    

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4 years ago
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