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disa [49]
3 years ago
8

The sensitivity of consumers to price changes is measured by the _____.

Business
2 answers:
Delvig [45]3 years ago
8 0
Hello! And thank you for your question!

The answer to your question is:

D. Price elasticity of demand

Demand is very high in foods and gas in modern today times.
Oduvanchick [21]3 years ago
6 0
Hello,


The sensitivity of consumers to price changes is measured by the <span>price elasticity of demand

Hope this helps

~HotTwizzlers</span>
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Refer to Exhibit 9.7, which shows the cost and revenue curves for a monopolist. If the monopolist does not price discriminate am
Andrew [12]

Answer:

$11000

Explanation:

8 0
3 years ago
Alpha Company manufactures computers. On July 1, Alpha had $75,000 of materials in inventory. During the month of July, the comp
Zigmanuir [339]

Answer:

$352,000

Explanation:

Alpha Company reported the following figures:

Inventory on July 1 = $75,000

Inventory on July 31 = $43,000

Purchases for the month = $320,000

Cost of Direct material used = Inventory on July 1 + Purchases for the month - Inventory on July 31

Cost of Direct material used = $75,000 + $320,000 - $43,000

Cost of Direct material used = $352,000

6 0
3 years ago
A man, who looked about 45 years old, gave a cashier at a grocery store the Special Supplemental Nutrition Program for Women, In
Paladinen [302]

Answer:

He has a teenage daughter that was pregnant or with a little child.

Explanation:

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) vouchers are vouchers provided by the federal government to states to ensure that low income pregnant teenager or women, infants and children have access to supplemental food, healthcare, etc. This is in a bid to ensure that every pregnant woman, their children or infants are well taken care of and have access to better health system among other things.

These vouchers cater for over millions of people through their over 40,000 merchants all over the world.

Cheers.

8 0
3 years ago
Read 2 more answers
An increase in the cost of producing a good or service will cause a leftward shift of the supply curve. True False
TEA [102]

Answer:

True

Explanation:

An increase in the cost of production would cause some producers to stop production, supply would fall and the supply curve would shift to the left.

I hope my answer helps you

4 0
4 years ago
Friendly's quick loans, inc., offers you "ten for twelve or i knock on your door." this means you get $10.00 today and repay $12
valkas [14]

Answer:

Friendly's would say you were paying <u>1042.86% APR</u>.

Explanation:

Annual percentage rate (APR) can be described as the yearly interest rate that is paid by a borrower to a lender which is expressed in percentage term without taking compounding into consideration.

Annual Percentage Rate (APR) can be determined using the following formula:

APR = {[(Fees + Interest amount) / Principal / n] * 365} * 100 ……………… (1)

Where;

APR = ?

Fees = 0

Interest amount = Amount to repay - Amount to borrow = $12.00 - $10.00 = $2.00

Principal = Amount to borrow = $10.00

n = Number of days in the loan term = One week = 7 days

Substituting the values into equation (1), we have:

APR = {[(0 + 2) / 10 / 7] * 365} * 100

APR = 1042.86%

Therefore, friendly's would say you were paying <u>1042.86% APR</u>.

5 0
3 years ago
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