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telo118 [61]
3 years ago
6

Which is an example of something that is inelastic?

Business
1 answer:
Inessa [10]3 years ago
6 0

Explanation:

example of something that is inelastic is a type of cancer medication

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Home produces two goods: computers and wheat. Capital is specific to computers, land is specific to wheat, and labor is mobile b
kaheart [24]

Answer:

The appropriate answer is "capital intensive, land intensive".

Explanation:

  • Throughout Home than anything in Abroad, the whole no-trade income of farmers would be significantly greater, even though Home has fewer land assets than International. Throughout Home, then it does in International, the whole no-trade rate of electronics would be smaller, as Home does have more capital resources than International.
  • If the market is established, the comparative commodity price throughout the home will be decreased through trade as well as rise throughout foreign trade. If an exchange is expanded, the capital demand would rise at home as well as the rent overland throughout foreign countries will rise.

This will take effect even though the international availability of land will increase but instead international demand for resources will keep increasing.

7 0
4 years ago
Critically analyze the difference and points of convergence between floor inspection and functional inspection
r-ruslan [8.4K]

Answer:

Please refer to the below;

Explanation:

Difference between Floor inspection and Functional inspection.

• Floor inspection is usually conducted in a production environment. It involves checking of materials while processing in the machine by inspectors. Rather than checking the materials in the machine at the beginning of production, floor inspection checks the materials while in process inorder to ensure that the defected ones are quickly detected and expunged. It also ensure that the equipments used in processing are properly functioning.

• Functional inspection is an inspection that checks the overall function of a product rather than what makes up the component parts. For instance the load capacity and speed of a vehicle can be checked for optimal performance whereas individual parts that make up the vehicle are not checked, yet bring out satisfactory performance when combined together. This form of inspection is concerned with verification of final output and does not provide details about different sections instead provides a wider understanding of comfort that emanate from inspecting same item.

Points of Convergence between Floor inspection and Functional inspection.

• The key objective of both floor and functional inspection is quality output having reviewed and examined their expectations.

• Both floor and functional inspection work to prevent defective product from flowing down the successive operations and avoid loss to the company

• Both floor and functional inspection aim at meeting customers requirements, wants and needs.

4 0
4 years ago
What does copyright law protect?
kupik [55]

Answer:

Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

6 0
2 years ago
Valorous Corporation will pay a dividend of $ 1.75 per share at this​ year's end and a dividend of $ 2.35 per share at the end o
IgorLugansk [536]

Answer:

The maximum price that a prudent investor would be willing to pay for a share of Valorous stock​ today is $37.92

Explanation:

In order to calculate the maximum price that a prudent investor would be willing to pay for a share of Valorous stock​ today we would have to use the following formula:

Current price=future dividends*present value of discount factor(8%, time period)

Therefore, current price= $40/1.08^2 + $2.35/1.08^2 + $1.75/1.08 =

current price=$34.29+$2,01+$1,62

current price=$37.92

The maximum price that a prudent investor would be willing to pay for a share of Valorous stock​ today is $37.92

8 0
4 years ago
Read 2 more answers
The limited liability company form of organization:__________.
nalin [4]

Answer:

Avoids the double taxation of C corporations

Explanation:

Double taxation occurs when an organization is made to pay their income taxes two times. This means that the tax is paid both on a personal level and on a corporate level.

This type of taxation puts a strain on the amount of profit that is realised as the corporation is mandated to pay income tax twice after which the remaining amount of profit is distributed to its partners.

Limited liability company do not make such double taxation payment as this type of business is arranged as a flow-through-organisation, this means that the profits comes straight to the shareholders.

This does not mean that they are exempted from tax payment. In a limited liability company taxes are paid only on a personal level.

5 0
4 years ago
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