Answer: elastic
Explanation:
Elastic demand is a demand that occurs when the quantity demanded for a product or service results in a greater percentage change when there is a change in price.
For example, when there's a fall in price, this will lead to large change in quantity demanded for the good. Since there's an increase in the quantity demanded, it will lead to increase in revenue.
Answer:
b.$296,500.
Explanation:
Calculation to determine what Greene should report as unamortized bond discount
First step is to calculate the discount amount
Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)
Discount Amount= $18,500
Now let determine the unamortized bond discount
Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500
Therefore Greene should report unamortized bond discount of $296,500
Answer:
agent method of entry
Explanation:
Agent method of entry will demonstrate lower fixed costs associated.
Answer:
A. The World of trade
Explanation:
The marketplace is an economic system where companies compete with each other in order to sell their products. It is a place where trade occurs. In the broadest terms, a marketplace is the world of trade where buying of goods and services takes place.
Answer:
Investment
Explanation:
To invest is to allocate money in the expectation of some benefit/return in the future.
