1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Using too few balanced scorecard​ measures: A. will not balance desired outcomes with performance drivers of those outcomes. B.
mezya [45]

Answer:

A. will not balance desired outcomes with performance drivers of those outcomes.

Explanation:

The balance score card is the score card that reflects the performance level from which the organisation will be able to take the actions, decisions appropriately.

If the company uses the few balanced scorecard​ that would leads to not balancing the desired outcomes with its performance drivers that means they are not able to matched with each other outcomes or results                    

8 0
3 years ago
Teri, Doug, and Brian are partners with capital balances of $20,000, $30,000, and $50,000, respectively. They share income and l
mixer [17]

Answer:

$20,000

Explanation:

For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:

Net income/loss = Revenue - expense

                           = $350,000 - $380,000

                            = -$30,000

Now Doug share in net loss = Net loss × (his share ÷ total share)

                                               =  - $30,000 × (2 ÷ 6)

                                               =  - $10,000

We knew that the Doug capital is $30,000 and his share in loss is $10,000

So, its withdrawal amount = $30,000 - $10,000 = $20,000

                   

7 0
3 years ago
Knowledge about how the world works that is used to produce goods and services is: Please choose the correct answer from the fol
Margaret [11]

Answer:

Hi

The factors of production are the basic elements to produce goods and services to meet our needs. They can be nature, work and capital, but currently, it considers that there are five productive factors, since the three already mentioned have been added, the human knowledge that is incorporated into the work and technology factor, which is incorporated into the capital.

- Natural resources. They are those that are available in nature and are used as raw material (minerals, trees, plants) or as a source of energy (water, oil, wind) in the production of goods.

- Capital. It is the financial resources, such as money, that must be invested in the production of new goods or services. Material resources are also counted as part of the capital factor, it is the set of material goods created by people and used to produce goods or services.

- Job. Most important productive factor and refers to the physical and intellectual effort developed by people, with the objective of intervening in the productive activity. Its effort, its educational level, its technical training and professionalism, as well as its values are essential for the quality of the production process and the success of a company.

Explanation:

7 0
3 years ago
Manufacturing overhead was estimated to be $562,800 for the year along with 20,100 direct labor hours. Actual manufacturing over
Lemur [1.5K]

Answer:

$604,800

Explanation:

Applied manufacturing overhead is the manufacturing overhead that has been applied to production in a period.

it is calculated with the formula "budgeted overhead rate * actual labor hr"

Budgeted manufacturing overhead = $562,800

Budgeted Direct labor hours = 20,100

Budgeted Overhead rate = 562800/20100 =$28/hr

Actual manufacturing overhead = $543,705

Actual direct labor hours = 21600

Amount of manufacturing overhead applied = predetermined overhead rate * actual hr =28*21600

=$604,800

7 0
3 years ago
Which one of the following stock index futures has a multiplier of $10 times the index value?
stiv31 [10]

Answer: b. Dow Jones Industrial Average

Explanation: The Dow Jones Industrial Average index futures has a multiplier of $10 times the index value which is used to calculate contract settlements and helps determine the dollar value of each point of price movement. For example, Dow multiplier is 10, meaning each Dow point is worth $10 per contract.

7 0
3 years ago
Other questions:
  • Barnes agrees with Morgan to enter into the management of a new subdivision of residential housing. Morgan appoints Barnes as hi
    14·2 answers
  • Why did Samuel Gompers seek to forge closer ties with forward-looking corporate leaders? a. He wanted to work his way into circl
    11·1 answer
  • Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For the month of August, th
    6·1 answer
  • The new classical critique of activist fiscal policy is theoretically different from the crowding-out critique. Crowding-out occ
    5·1 answer
  • What subjects does TSA emphasize?
    11·1 answer
  • Water Front Rentals has 20,000 shares of stock outstanding at a market price of $24 each and earnings per share of $1.84. The fi
    9·1 answer
  • "A bond that was originally sold at par is now trading in the market at a premium. The bond is called at par. This action will b
    11·1 answer
  • Ted is trying to decide what cost of capital he should assign to a project. Which one of the following should be his primary con
    15·1 answer
  • How can we develop desicion making skill on ourselves​
    9·1 answer
  • if government tax policy requires peter to pay $15,000 in tax on annual income of $200,000 and paul to pay $10,000 in tax on ann
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!