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Leno4ka [110]
3 years ago
15

The difference between slope and elasticity is that slope _________.a. is a ratio of two changes, and elasticity is a ratio of t

wo percentage changes. b. is a ratio of two percentage changes, and elasticity is a ratio of two changes. c. measures changes in quantity demanded more accurately than elasticity. d. None of the above is correct; there is no difference between slope and elasticity.
Business
2 answers:
xeze [42]3 years ago
7 0

Answer: C. measures changes in quantity demanded more accurately than elasticity.

Explanation: The demand slope measure a change in quantity demand to a corresponding change in price in a demand curve.

While elasticity of demand is the degree of responsiveness to change in price to a corresponding change in quantity demanded while other factors remain constant.

jekas [21]3 years ago
4 0

Answer:

c. measures changes in quantity demanded more accurately than elasticity.

Explanation:

Base on the scenario been described in the question, slope measures changes in quantity demanded very accurately compared to elasticity. The main for this reason is that m, slope and elasticity are not the same concepts. Slope evaluates the

flatness or steepness of a line in terms of the evaluating units for price and quantity, while elasticity evaluates the relative response of quantity to changes in price.

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Sometimes when an organization first starts horizontal coordination efforts to promote innovation, is needed to help employees c
Softa [21]

Answer:

The correct answer is letter (1): True.

Explanation:

Implementing a horizontal approach within a firm might not always imply a smooth transition. Some employees may find it hard to communicate with their coworkers because of factors of their personalities or just because they are not familiar with it.  In such cases, leaders must intervene as bridges of communication moreover when conflicts must be solved between subordinates.

5 0
3 years ago
What is the purpose of a design brief?
Sedbober [7]
A project management document that allows you to identify the scope, scale, and core details of your upcoming design project.
7 0
3 years ago
8.Kline and Salomon form the KS Partnership as 50/50 partners. Kline contributes equipment that has a fair market value of $60,0
mojhsa [17]

Answer: $40,000

Explanation:

Kline brings in equipment that is worth $60,000 but has a basis of $45,000.

The equipment however is subject to a loan of $10,000.

This loan will have to be deducted from the basis. The partnership however is assuming the loan and Kline is only 50% liable in the partnership so Kline's basis will only be affected by half of the loan.

Basis = 45,000 - 5,000

= $40,000

5 0
3 years ago
The law of diminishing marginal returns holds for a situation in which Group of answer choices all inputs are variable. all inpu
Natasha_Volkova [10]

The law of diminishing marginal returns holds for a situation in which some inputs are variable and some inputs are fixed.

<h3>What is the law of diminishing marginal returns?</h3>

The law of diminishing marginal returns states that after some optimal level of capacity is reached in a production process, an additional factor of production would result in a lessening of output (quantity of production).

In this context, we can infer and logically deduce that the law of diminishing marginal returns would only hold for an economic situation in which some inputs are variable and some inputs are fixed.

Read more on diminishing marginal returns here: brainly.com/question/13767400

#SPJ1

3 0
2 years ago
Shambo Corporation has provided the following contribution format income statement. Assume that the following information is wit
morpeh [17]

Answer:

26.66 or 27%

Explanation:

The computation of the margin of safety percentage is shown below:

Margin of Safety

= 100 - Break Even %

= 100 - 73.33

= 26.66 or 27%

Working Note

Sales (3,000 units) $60,000

Less: Variable expenses -$42,000

Contribution margin -$18,000

CM Ratio (A) 30.00%

Fixed expenses (B) 13,200

Break Even Point C = B ÷ A 44,000

Break Even % of Total Sale 73.33%

5 0
3 years ago
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