Answer: C: Price will increase and quantity will decrease.
(Question 40)
B: Subsidy
(Question 33)
D: A change in tastes and preferences
(Question 34)
C: Quantity demanded decreases
(Question 31)
C: The two goods are substitutes
(Question 32)
A: Making profits
(Question 29)
B: Demand goods and services in the product market
(Question 30)
Explanation:
Answer:
a. $75 an hour for a total of $32,250
Explanation:
The computation of the allocation rate and how much cost is to be allocated is shown below:
Fixed cost per hour = $146,200 ÷ 3,400 hours = $43
Variable cost per hour = $32
So, the total cost per hour equal to
= Fixed cost per hour + Variable cost per hour
= $43 + $32
= $75
And, the total cost allocated is
= 430 hours × $75
= $32,250
Answer:
"To differentiate your movie theatre from others" is the correct answer.
Explanation:
- The small company Spotlight, actually named the smaller biz Spotlight, seems to be a succession of fast, interactive conversations that highlight prominent small business owners.
- Published the Wikipedia pages but instead, continue the screening process to submit to see your own company featured throughout a spotlight section.
So that the above would be the correct answer.
If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.
Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.
For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.
Learn more about price inelastic at
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If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.
price inelastic.
quantity demanded.
relative price increase.
change in price.