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telo118 [61]
2 years ago
6

Which is an example of something that is inelastic?

Business
1 answer:
Inessa [10]2 years ago
6 0

Explanation:

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

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If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ ________ in demand for the​ US$ ________ the price of t
Lerok [7]

Answer:

If a currency such as the​ US$ is traded in a competitive​ market, a(n)​ increase in demand for the​ US$ raises the price of the​ US$ in terms of another currency such as the Japanese Yen ​(yen​).

Explanation:

Basic offer and demand law.

5 0
3 years ago
Q4) An investment offers a total return of 12.8 percent over the coming year. Janice thinks the total real return on this invest
Blizzard [7]

Answer:

inflation rate= 5.8%

Explanation:

Giving the following information:

An investment offers a total return of 12.8 percent over the coming year. Janice thinks the total real return on this investment will be only 7 percent.

<u>The real return on investment includes the effect on inflation. </u>

Real rate of return= total return - inflation rate

0.07=0.128 -  inflation rate

inflation rate= 0.058= 5.8%

7 0
2 years ago
When there is a time gap between when a message is sent and when it's received, one is using ___.
Montano1993 [528]

Answer:

The correct answer is: asynchronous communication.

Explanation:

Asynchronous communication is the type of communication that is deferred among people, meaning it does not match in time. In other words, it takes place when a message is sent without the expectation of an immediate response. Within the work frame, a is being promoted rather than synchronous communication because the latter allows small chat or informal communication to be spread.

5 0
3 years ago
Use straight line (SL) depreciation to determine a. annual depreciation charge (5 points) and b. annual book values for the life
Andrew [12]

Explanation:

The computation is shown below:

Year            Depreciation                Book value

0                                                      $1,200,000

1                   $125,000                    $1,075,000

2                  $125,000                    $950,000

3                  $125,000                    $825,000

4                  $125,000                    $700,000

5                  $125,000                    $575,000

6                  $125,000                    $450,000

7                  $125,000                     $325,000

8                  $125,000                     $200,000

The depreciation expense is

= ($1,200,000 - $200,000) ÷ (8 years)

= $125,000

4 0
3 years ago
New Keynesian economists critique rational expectations by arguing that short-term wage stickiness is brought about by a. the po
mylen [45]

Answer:

New Keynesian economists critique rational expectations by arguing that short-term wage stickiness is brought about by

b. imperfect information and efficiency wages.

Explanation:

The assumption in macroeconomic theories is that economic agents, households, and companies exercise rational expectations.  The New Keynesian economics posits that rational expectations have become distorted as a result of market failure, arising from asymmetric information and imperfect competition, thus questioning the ability of markets to self-regulate and self-correct.

8 0
2 years ago
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