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Novay_Z [31]
3 years ago
9

Demand is __________________ when the price change results in a relatively larger change in quantity demanded. People __________

________ need products urgently with this type of demand.
Business
1 answer:
Reptile [31]3 years ago
5 0

Answer:

Demand is Elastic  

people don't

Explanation:

when the change in demand is elastic with relatively larger change in quantity demanded it definitely means that the consumers will not be needing the products urgently. this is because a product with an elastic demand is a product not classified as a necessity. it is rather seen as a luxury good.

An Elastic demand is change in the quantity of goods and services exceeds the change in price of the goods or service been offered and many of such goods and services are not essential commodities.

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Pink Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for t
Kruka [31]

Answer:

$21,000

Explanation:

Preparation of income statement

Income statement of Pink Arrangements for the year ended December 31, 2018.

REVENUE:

Service Revenue 84,000

Less EXPENSE:

Insurance Expense (2,500)

Utilities Expense (1,500)

Rent Expense (12,000)

Salaries Expense (47,000)

NET INCOME 21,000

Therefore the Income statement of Pink Arrangements for the year ended December 31, 2018 will be shows the amount of $21,000

4 0
3 years ago
You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year
romanna [79]

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

8 0
3 years ago
The trial balance for Swifty Corporation appears as follows:
Shkiper50 [21]

Answer:

Explanation:

The adjusting entry for supplies is shown below:

Supplies expense A/c Dr    $115

    To supplies A/c                              $115

(Being adjusted entry recorded)

The trial balance show a supplies balance of $148 and the supplies on hand were $33, so the adjusted supply balance would be equal to

=  Supplies balance - supplies on hand

= $148 - $33

= $115

8 0
3 years ago
Bob's best friend Mike turns 25 next week. Bob decided to purchase Mike a tablet device/e-book reader as a present. Because Bob
elixir [45]

Answer:

C. Internal search

Explanation:

The situation in which a consumer or an individual refers to his own memory or recollection for a product, where the individual selects from alternative options from his or her memory is known as Internal search. In this scenario, given his personal experience with personal computers and consumer electronic devices, Bob is able to refer to his own memory for various brand options he feels is the best and want to purchase from.

5 0
3 years ago
Your management has decided that all orders will be treated as "projects" and that project managers will be used to update order
a_sh-v [17]

Answer:

B. This is program management since there are multiple projects involved.

Explanation:

A program manager manages multiple projects, and sometimes multiple programs while a project manager manages the teams responsible for fulfilling the project and achieving its deliverables

3 0
3 years ago
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