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Anna007 [38]
3 years ago
13

If sellers do not adjust their quantity supplied at all in response to a change in price, the price elasticity of supply is

Business
1 answer:
Kryger [21]3 years ago
4 0

Answer:

D

Explanation: zero, and the supply curve is vertical.

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2. The following table provides information about the production possibilities frontier of a Country.(4)
iren [92.7K]

Based on the PPF of the country, if the country were to produce an additional 20 computers at that level, the opportunity cost would be 40 kg of wheat.

If a technological advancement allows for computers to be produced more efficiently, the PPF would expand outwards as shown in the attachment.

<h3>What would be the opportunity cost?</h3>

At the point where this country can produce 10 computers, the amount of wheat it can produce is 400 kg wheat.

If it produces 20 more computers, it will move to the point where it can produce 30 computers and 360 kg of wheat. Opportunity cost would be:

= 400 - 360

= 40 kg wheat.

<h3>What happens due to a technological advancement?</h3>

When there is an improvement in technology, the production capacity of a nation increases. This leads to the production possibilities frontier expanding outward.

Find out more on the production possibilities frontier at brainly.com/question/26685094.

3 0
2 years ago
A worker wants to set aside some money for retirement, hoping to live off the interest income. If the interest rate is 10% and t
Shkiper50 [21]

Answer:

d) 500,000

Explanation:

The amount that the worker is expected to save before retirement is the present value of the expected annual withdrawal using the interest rate of 10% as the discount rate:

savings balance at retirement=yearly cash withdrawal/interest rate

yearly cash withdrawal=$50,000

interest rate=10%

savings balance at retirement=$50,000/10%

savings balance at retirement$500,000  

5 0
2 years ago
what is budget head no.of other goods , furnishing goods , repair and maintenance , printing charges , office supplies ?​
siniylev [52]

Answer:

Budget expenditure part

B.H. No. Budget heads Annual Appropriation of Budget

22311 Office expenses 58,000

22121 Rental charges 30,000

22711 Miscellaneous expenses 11,000

29311 Furniture 1,50,000

5 0
2 years ago
No more than 10% of your monthly income should go toward credit card payments.. . false. . true.
evablogger [386]
FALSE.  Pay down the credit card, 100%,  FIRST because it's probably the most expensive credit you have. Don't put things on the credit card that you won't be able to pay for this month.
4 0
3 years ago
Read 2 more answers
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external
PIT_PIT [208]

Answer:

Yes, I agree

Explanation:

As managers in an organization, proper attention must be paid to the forces in the external environment because these forces are dynamic and business cannot exist without them hence must align with these changes inorder to be successful.

Some of theses forces have direct impact with an organization such as customer's reaction to a company's product, how well the company stays ahead of it's competitors , suppliers and creditors. External forces in the environment that have indirect impact to a company are compliance with local laws, socio cultural forces, religion etc.

Practical examples

• Customer's reaction to a product speaks to what measures are taken by a company to improving the quality of products produced and sold. Favourable reaction would make the company succeed while unfavourable reaction could mar the company's performance.

• Level of compliance with local laws is also an important force in the external environment that must be adhered to. If a company must succeed, it must comply with local laws and order, failure to do so could result to fine or expulsion from the community.

5 0
3 years ago
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