Answer:
the quantity supplied is to a change in price.
Explanation:
Elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price
Elasticity of supply = percentage change in quantity supplied/ percentage change in price
Supply is elastic if a small change in price has a greater effect on the quantity supplied.
Supply is inelastic if a small change in price has little or no effect on quantity supplied.
Supply is unit elastic if a small change in price has a proportional equal effect on quantity supplied.
I hope my answer helps you
Answer:
$770,000
Explanation:
Purchase = Ending inventory +Cost of goods sold- Beginning inventory Purchased
= $240,000+$800,000-$180,000= $860,000
Cash paid to suppliers = Beginning AP+ Purchased -Ending AP Cash Payments
= $150,000+$860,000-$240,000 =
$770,000
Therefore the amount that Jenny Gardner should report as cash payments to suppliers is $770,000
Answer:
Answer for the question:
A production line at VJ Sukumaran's machine shop has three stations. The first station can process a unit in 10 minutes. The second has two identical machines, each of which can process a unit in 12 minutes (each unit only needs to be processed one of the two machines). The third station can process a unit in 18 minutes.(This station operates separately from, and simultaneously with stations one and two, which are independent and sequential operations).
Which station is the bottleneck station?
is given in the attachment.
Explanation:
The SMA balance in the account would be 7500.
<h3>What is Special Memorandum Account (SMA)?</h3>
The excess margin from a client's margin account is put into a special memorandum account (SMA), which is a dedicated investment account, improving the client's purchasing power. The SMA, which is often referred to as a "special miscellaneous account," functions effectively as a line of credit.
It's important to distinguish between separately managed accounts, often known as SMAs, and special memorandum accounts.
A short account's market value decreases by $1 for every $1 of SMA to be created. The SMA balance would be $7,500 if the market value decreases by $5,000.
To learn more about SMA visit:
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Consumers’ desire to control their information environment is a reason for advertisers to divert their funds from traditional media.
C) Consumer's desire to control their information environment.
<u>Explanation:</u>
Earlier the information sources were limited and the audience didn't have many options to choose from. The elites and literates would opt for print media and the common audience would opt for radio and other medium of information.
The advertisement agencies would also target the audience based on the information source. Bit with the growing technological advancement, the consumer can now choose their own preferable source of information and hence the advertisers diverted their funds from the traditional media.
