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SCORPION-xisa [38]
3 years ago
6

An economist studying the market for wild Alaskan salmon determines the price elasticity of supply to be 0.43. a. In this case,

the price elasticity of supply is said to be: inelastic. elastic. unit-elastic. b. A 10% increase in price will lead to: exactly a 10% increase in quantity supplied. a more than 10% increase in quantity supplied. a less than 10% increase in quantity supplied.
Business
2 answers:
bonufazy [111]3 years ago
7 0

Answer:

It will result in 10% increase in quantity supplied.

Marina86 [1]3 years ago
4 0

Answer:

A. Inelastic

B. a less than 10% increase in quantity supplied

Explanation:

A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.

A supply is inelastic if the price elascitiy is less than 1.

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identify and discuss three or four of the major elements required in the statement on standards for valuation services (SSVS). B
vichka [17]

Explanation:

Statement on standards for valuation services:

AICPA members are required to follow the statement of standards for valuation services , Valuation of business , Business ownership interest , Security or Intangible asset when they perform engagements to estimate value that culminates in the expression of a conclusion of value or a calculated value.

<u>Major Elements:</u>

  i) Sufficient evidence

Sufficient evidence must be gathered by such means as inspection, inquiry  computation, and analysis to ensure that the business valuation conclusion and report are properly supported.

  ii) Documentation

The valuation analyse must document matters , which are important in providing evidence to ;

  a) Support the business valuation conclusion;

  b) Justify decision made in the contact of engagements and;

  c) Demonstrate that the engagement was carried out in accordance with the standards for valuation services of the AICPA.

 iii) Minority , Majority and common issues

The valuation analyst should consider anything that may affect minority  majority or control issues , including but not limited to:

          - Laws

          - Agreements and contracts

          - Possible strategic or synergistic value

          - Veto power

          - Other relevant factors

 iv) Scope of work

Scope should be supportable and consistent with expectation of participants and peers in the market for similar services and in compliance with these valuation standards.

7 0
3 years ago
Marketers must weigh carefully the costs of additional information against the resulting from it.
viva [34]

Marketers must weigh carefully the costs of additional information against the benefit resulting from it.

What are marketers?

A marketer is a person who advertises an organization's products and services. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with consumer demands and market demands.

Therefore,

Marketers must weigh carefully the costs of additional information against the benefit resulting from it.

To learn more about Marketers from the given link:

brainly.com/question/25369230

8 0
2 years ago
Explain the history of the country’s economy of cuba
butalik [34]

Answer:

The economy of Cuba is a largely planned economy dominated by state-run enterprises.The country's economy had grown rapidly in the early part of the century, However, from 1996, the State started to impose income taxes on self-employed Cubans.

Explanation:

5 0
3 years ago
The amount of material used in making a custom sail for a sailboat is normally distributed with a standard deviation of 64 squar
Advocard [28]

Answer:

option (B) 912 ± 42.6

Explanation:

Data provided in the question:

Standard deviation = 64 square feet

Sample size, n = 15

Mean = 912

Confidence level = 99%

Now,

Confidence interval = Mean ± z[s ÷ √n]

here,

z = 2.58 for 99% confidence level

Thus,

Confidence interval = 912 ± 2.58[64 ÷ √15]

or

Confidence interval = 912 ± 2.58[64 ÷ √15]

or

Confidence interval =  912 ± [ 2.58 × 16.525 ]

or

Confidence interval =  912 ± 42.63

= 912 ± 42.6

Hence,

The answer is option (B) 912 ± 42.6

8 0
3 years ago
Which of the following accounts is not closed at the end of the year?
Leviafan [203]
Not 100% sure but i THINK it is A/P. I know for sure that it is not the income summary
6 0
3 years ago
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