Which is an example of something that is inelastic?

1 answer:

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-Inelastic means that the consumers will still purchase the product at the same rate despite price changes.
-The answer would be cancer medication, because the consumer would still need to buy this regardless of price. Even if it puts them in a financial bind.
-When having your on a car or watch, if the price of that item increases, you could be less likely to buy it.
-When picking out a hamburger at a restaurant, the customer is most likely to by a cheaper burger if they are on a budget.

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Explanation:

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Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $110 million and it has total a

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ROE = Net Profit/Sales * Sales/Total Assets * Total Assets/Total Equity

The part of Net Profit/Sales is also known as profit margin.

The part of Sales/Total Assets is also known as Assets Turnover
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Read 2 more answers

TRUE OR FALSE ? WHY ? HELP ME

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7. True

8. False

9. False

Must click thanks and mark brainliest

Sorry if wrong.

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