The price elasticity supply of doctors could be considered relatively inelastic because it takes a minimum of four to six years of training to be able to work as a physician.
<h3>What is supply?</h3>
Supply can be defined as the part of a commodity or a service that is being placed in the market for the consumer to buy.
The price elasticity supply of the doctor will increase after their education, but the price will not be that much efficient as it produces relatively less elasticity.
The proportion variation inside a commodity's currency values in a substantially lower proportion variation in the amount desired.
Learn more about Supply, here:
brainly.com/question/28285610
#SPJ4
Answer:
Yes, but what is your question?
Explanation:
Answer and explanation:
Several effects could result in not following legal mandates for an organization. Lawsuits, penalties and fines, a decrease in reputation, and loss of opportunities are the most immediate. However, even if those consequences are obvious, some companies surpass legal regulations to avoid expenses that could reduce their revenue.
Answer:
Pelican's debt ratio 9%
Timberland's debt ratio 50%
The times interest earned ratio for Pelican 57.5
The times interest earned ratio for Timberland 10.45
C is correct as Pelican has 57.5 times interest earned ratio while Timberland only 10.45 times.in other words,earnings of Timberland is more volatile.
D is also correct ,since it has financial leverage of 50.46% as against Pelican financial leverage of 9.17%
The operating margin for Pelican is 14.76% while the operating margin for Timberland is 13.8%
Return on total assets for Pelican is 36.9% and that of its competitor is 34.5%
The return on equity for Pelican 40.6% and that of Timberland is 69.6%
C is correct as Pelican is more profitable than Timberland as shown by the higher net profit margin and return on assets
B is correct, even though Pelican is more profitable (higher net profitmargin), Timberland has a higher ROE than Pelican due to the additional financial leverage risk.
Explanation:
All of the ratios requested for are found in the attached spreadsheet.
