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
VARVARA [1.3K]
4 years ago
8

If the demand for a good is estimated to be _____, then firms producing the good will experience an increase in total revenue if

prices fall.
Business
1 answer:
m_a_m_a [10]4 years ago
7 0

Answer: elastic

Explanation:

Elastic demand is a demand that occurs when the quantity demanded for a product or service results in a greater percentage change when there is a change in price.

For example, when there's a fall in price, this will lead to large change in quantity demanded for the good. Since there's an increase in the quantity demanded, it will lead to increase in revenue.

You might be interested in
Recall British Consols first issued in 1700s are considered perpetuities. If a British Consol will pay 100 GBP annually starting
Sav [38]

Answer:

a. Present value of perpetuity today = Perpetuity amount / Interest rate  = 100 / 0.05 = 2,000GBP. Thus, this asset worth 2,000GBP today

b. Value of perpetuity 3 years from now = Perpetuity amount / Rate = 100/.05 = 2000GBP. The asset worth 3 year from now is 2,000GBP.

c. Since this is a perpetuity; it neither appreciate nor depreciate in value provided the interest rate is constant.

d. There will be a return since we are getting cash-flows in a yearly basis; rate of return will be the interest rate = 5%

6 0
3 years ago
Mark owns stock in walgreens. he has the right to vote on company issues and examine corporate records, and he receives dividend
djyliett [7]
The type of share owns by Mark is COMMON STOCK. Common stock is a security that represent ownership in a corporation.Owners of common stock have the right to elect board of directors, to vote on corporate policy and to receive in form of dividends part of the corporation's profits.
7 0
4 years ago
Which best ranks the Education and Training careers in order of highest to lowest degree required?
jek_recluse [69]
The statement that <span>best ranks the Education and Training careers in order of highest to lowest degree required is Instructional Coordinator to Teacher Assistant to Library Technician to Library Assistant. So the answer to your question would be letter B.</span>
3 0
3 years ago
Read 2 more answers
A corporation issues for cash $9,000,000 of 8%, 30-year bonds, interest payable semiannually. The amount received for the bonds
Sloan [31]

Answer:

B

Explanation:

- The Semiannually total interest  Payable will be calculate as

30*2 = 60 Semiannual Times Payments

- Interest Payments

$9,000,000*8%/2=$360,000

- So the Total payments will be paid semiannually 60 times $360,000 with the principle amount $9,000,000

6 0
3 years ago
Which type of transaction refers to a flow of MONEY through the economy?A)Individuals spend money to purchase resources from fac
Nikitich [7]

Answer:

B) Money is used to purchase goods and services in the product markets.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Galt Industries has no debt, total equity capitalization of $600 million, and an equity beta of 1.2. Included in Galt's assets i
    6·1 answer
  • Nicole wants to purchase an expensive birthday gift for her mother. She will need to save $200 over the next four months. Write
    15·2 answers
  • Sony is considering a 10 percent price reduction on its HD TV sets. If the price-elasticity coefficient for the sets in this pri
    11·1 answer
  • Account receivable for Crimson Inc. at the end of December 31, 2018 totals $200,000. This balance is due to four customers not p
    11·1 answer
  • Johnson works in a retail store and updates all the sales records by the end of the day. He needs to send the weekly sales repor
    13·1 answer
  • A bond buyer is a a. saver. Long term bonds have less risk than short term bonds. b. saver. Long term bonds have more risk than
    10·1 answer
  • Organizing refers to
    14·2 answers
  • Which organization, whose launch responded to the emergence of television as the leading medium of advertising, rose to fame in
    15·1 answer
  • For a valid contract, courts insist on a _____________. a. meeting of assent. b. mutual meeting. c. meeting of the minds. d. con
    14·1 answer
  • The definition of a(n) _________ is when our desired outcomes do not match the actual situation.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!