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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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B. Nonverbal communication is communication without words spoken.
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Answer:

            Dr. Investments in Associates 250,000

            Cr.            Cash                                 500,000

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          Cr.            Investments in Associates 10,000

          Dr. Investments in Associates 50,000

          Cr.     Investment revenue                    50,000

Explanation:

The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.

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- Jolley records the net income from Tige Co. as an increase to its Investment account.

4 0
3 years ago
1. When you spend more than you make, you have a(n) _____?
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Answer:

As per Chegg guidelines .

Explanation:

For a high-context culture, the social environment or social context has more importance than the words being spoken. This means that in a high context culture, low-contex culture is not as important as the nonverbal communication, because nonverbal communication has more importance . For the high-context culture, a contract is just a beginning point for negotiations in closing the deal. Signing of the contract does not necessary means closing of the business deal. Some of the examples of high-context cultures are China, most Arab countries, Latin America, most African countries, most other Asian countries, and Italy. In reality, most cultures fall somewhere along a continuum, or sliding scale, in their perception of the importance of context (with high and low being the end points of the continuum

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