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almond37 [142]
3 years ago
7

Which is true regarding elasticity of supply ?

Business
1 answer:
sergij07 [2.7K]3 years ago
6 0

Answer:

A factor in supply elasticity is production difficulty

Explanation:

The quantitative relation between price of products and its commodity is established by the elasticity of supply. The longer the time period that an organization is allowed to adjust its production targets, the more the supply price becomes elastic. Availability of resources is one of the factor, because the resource will become increasing expensive which consequently increase the price of the products and its production.

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The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014
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Answer:

Explanation:

1.

Petty Cash (200-50.6)  Dr.$149.4

Cash            Cr.$149.4

Freight In   Dr. $58.4

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Meals Expense        Dr.$25

Cash                         Cr.$143.4  

2. Petty Cash  Dr.$50

   Bank/Cash   Cr.$50

8 0
3 years ago
A new president has been elected. She promises to lower taxes drastically. What is most LIKELY to happen as a result of this dec
pogonyaev

Answer:

Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.

Explanation:

6 0
3 years ago
You want to have $5 million when you retire in 40 years. you believe you can earn 9 percent per year on your investment. how muc
elena-14-01-66 [18.8K]
You sure invest 150.00 every two weeks out of your pay check
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3 years ago
Silven Industries, which manufactures and sells a highly successful line of summer lotions and insect repellents, has decided to
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What I would do is do the percentages one by one and then you complete the actual project it’s self.
3 0
3 years ago
The following statement describes which of the following theories? _________ is a theory of management that analyzes and synthes
Angelina_Jolie [31]

Answer:

The answer is: Taylorism

Explanation:

Frederick Winslow Taylor and Henry Fayol are considered the "fathers" of management theory, but had opposing views on how businesses should work and be organized. Taylor was responsible for developing the Scientific Management theory (Taylorism) and led the Efficiency Movement.

He was obsessed with increasing labor productivity. Most of his theories are considered archaic now, but he was the first man to really try to understand this concept. Most of his ideas still serve as a basis for modern management and some companies like McDonald's still follow several of his basic concepts like work specialization.  

4 0
4 years ago
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