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
elixir [45]
3 years ago
10

Which of the following products is likely to have an inelastic supply reaction to a change in price?

Business
2 answers:
djyliett [7]3 years ago
7 0
Hello there, my fellow human being!

The answer is A. shoes. 

Hope this helped!
~Ruru
anastassius [24]3 years ago
5 0
The answer would be A. Shoes.

It is implied that a good has an inelastic supply if the supplier does not have a choice other than producing it despite the change in production cost. This would as well apply to the buyer, who needs the product no matter the pricing.No one can live without shoes, despite a spike in prices, we still need to buy them.
You might be interested in
A tying arrangement is​ _______.
Phoenix [80]
<span>A tying arrangement is​ illegal under the Clayton Act if it lessens competition or creates monopoly.  The Clayton Act focuses on topics regarding price discrimination, price fixing and unfair business practices. Since a tying arrangement means you are purchasing one product with agreement to purchasing another or you can not purchase the initial product, you are in a tying arrangement.</span>
4 0
3 years ago
Bart's Appliance Center owner Ron Bart feels that his organization has access to a great deal of information generated both insi
leonid [27]

Answer: (C) Marketing information system

Explanation:

The marketing information system is one of the important tool that helps the managers in an organization for making various types of desc ions regarding the development and the promotion of the product.

The marketing information system is basically define as the structure of the method in an organization that helps in the analysis of the data and then represent the information more efficiently.

The information related to the marketing is formally analyzed , stored and also distributed according to the requirement in an organization.

Therefore, Option (C) is correct.  

6 0
3 years ago
The Polaris Company uses a job-order costing system. The following data relate to October, the first month of the company’s fisc
adelina 88 [10]

Answer:

tru

Explanation:

4 0
2 years ago
Metro Inc. has two production departments (Lamination and Molding) and three service departments (Human Resources, Technology Su
eimsori [14]

Answer:

Lamination= $50,000

Explanation:

Giving the following information:

Metro Inc. has two production departments:

Lamination and Molding

Three service departments:

Human Resources, Technology Support, and Purchasing.

The $200,000 costs of Human Resources are allocated based on the number of employees in each production department.

The Lamination department has 40 employees.

The Molding department has 120 employees.

Proportion of employees:

Lamination= 40/160= 25%

Molding= 120/160= 75%

Allocation:

Lamination= 200,000*0.25= $50,000

Molding= 200,000*0-75= $150,000

7 0
3 years ago
A company's decision to move its operations out of the country will affect its employees, owners, suppliers, distributors, and e
kykrilka [37]

Answer:

The above statement is true .

Explanation:

It is true , when a company take decision to move its operations out of the country it will affect its employees , owners , suppliers , distributors , even its customers .

It is because, when company move out , the employees working in it loss their jobs . They become jobless. The suppliers loss their customer. The distributor also loss their customer. The customer may like the product of the company and if the company moves out then they do not get their product which they like. The owner may also suffer loss,as its possible that the product do not gain popularity anywhere else . The company may loss its share. It also effect the economy , as a good earning company always serves to a country .

6 0
3 years ago
Other questions:
  • By the early 1990s, the world was spending how many dollars a year on war?
    7·1 answer
  • We argued that when the economic growth in the US is greater than the (economic) growth rates of our trading partners, the trade
    14·1 answer
  • Which of the following demonstrates the law of supply?a) When leather became more expensive, belt producers decreased their supp
    13·1 answer
  • The Netherlands was the first nation built on _____. socialism capitalism communism democracy
    5·2 answers
  • When planning a budget, the biggest consideration should be the
    15·1 answer
  • Overdraft fees can be avoided by
    14·1 answer
  • A drive through liquor store estimates that customers arrive in their cars at the rate of 10 per hour. The cashier can serve cus
    11·1 answer
  • Suppose Sharon earns $575 per week working as a programmer for PC Pros. She uses $9 to get her car washed at Spotless Car Wash.
    14·1 answer
  • The financial statements of the Bramble Corp. report net sales of $473850 and accounts receivable of $56000 and $25000 at the be
    12·1 answer
  • Name four equipment that can be used in preparing a bill
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!