1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
5

The maximum distance people are willing to travel for a service is

Business
1 answer:
ladessa [460]3 years ago
6 0

Answer:

Range

Explanation:

Range is the term which is used to describe the maximum distance which the consumers or customers are prepared or willing to travel in order to acquire the goods or to use a service.

It is because at some point, the expense or the inconvenience which will outweigh the requirement of the good.

And there are two types of range, one is small rage and other is large range.

Small range is the range which the people are willing to go only a distance which is short for the everyday consumers services like the pharmacies, grocery. While the large range is the range which will people travel the longer distances for the other services like ball game.

You might be interested in
Many depressants, including alcohol, reduce your __________.
sergey [27]
I think the answer is a. I'm not 100 sure though.
7 0
3 years ago
For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 4 percent. If, as a result
Ira Lisetskai [31]

Answer:

the coefficient of elasticity is 0.5. Thus, demand is inelastic.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

Price elasticity = 2/4 = 0.5

Because demand is less than1, big g has an inelastic demand.

5 0
3 years ago
On January 1, 20X9, Pallet Company acquires 80 percent ownership in Slat Corporation for $200,000. The fair value of the noncont
polet [3.4K]

Answer:

<em>Consolidated Assets 850,000</em>

Explanation:

We need to calcualte the alue of the purchased portion of Slat.

total assets - non-controlled = proportional owned assets

250,000 - 50,000 = 200,000

The consolidated net assets would be:

Pallet Company 650,000

Slat Company    250,000

non-controlling    (50,000)

<em>Consolidated Assets 850,000</em>

7 0
3 years ago
Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $165,000 were on hand. Not included i
Marina86 [1]

Answer: $272,570

Explanation:

4 0
3 years ago
Suppose that the price of sushi take-out, a substitute, decreases in price. what will happen to the demand for chinese take-out?
omeli [17]
<span>Suppose that the price of sushi take-out, a substitute, decreases in price. What will happen to the demand for Chinese take-out? The demand for Chinese take-out will likely decrease as a substitute is cheaper. Those we are okay with substituting one item with another are often after the price the items sell out versus exactly what the want from the item. Since they are substitutes, more people will likely get the cheaper option, Sushi take-out. </span>
8 0
3 years ago
Other questions:
  • Which family deployability checklist will prompt you to make sure that you make arrangements for preparation of your family's ta
    8·1 answer
  • At the beginning of the recent period, there were 900 units of product in a department, one-third completed. These units were fi
    8·1 answer
  • When is a budget considered to be balanced??
    5·1 answer
  • Shares of common stock of the Samson Co. offer an expected total return of 16.2 percent. The dividend is increasing at a constan
    15·1 answer
  • Human capital is
    14·1 answer
  • Compared to a checking account, the rules governing your
    11·1 answer
  • The total cost of direct materials, direct labor, and factory overhead transferred from the Work-in-Process Inventory account to
    6·1 answer
  • Which agency can request that more money be printed?
    15·1 answer
  • Which of the following statements about the W-2 form is TRUE? A W-2 lists all the money you spent over the last year You need a
    6·2 answers
  • Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!