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OverLord2011 [107]
3 years ago
12

Generally, we calculate elasticity as the: percentage change in quantity demanded/supplied divided by the change in price. perce

ntage change in price divided by the percentage change in quantity demanded/supplied. percentage change in quantity demanded/supplied divided by the percentage change in price. change in quantity demanded/supplied divided by the change in price.
Business
1 answer:
lozanna [386]3 years ago
5 0

Answer: Option (C) is correct.

Explanation:

Elasticity measures the responsiveness of percentage change in quantity demanded from percentage change in price.

Elasticity = \frac{Percentage\ change\ in\ quantity\ demanded/supplied}{Percentage\ change\ in\ price}

Types of elasticity:

(1) Perfectly elastic

(2) Inelastic

(3) Unitary elastic

(4) Less elastic

(5) More elastic

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True or false: Controlling involves developing goals and preparing various budgets to achieve those goals.
Radda [10]

False, Planning involves developing goals and preparing various budgets to achieve those goals not controlling

Controlling involves determining if goals have been followed and taking corrective measures

Control is a management feature that helps you check for errors in order to take corrective action. This is done to minimize deviations from standards and ensure that the organization's set goals are achieved in the desired way.

The corporate governance management process is when managers define, measure, improve and manage cost management of their business operations. Control processes allow enterprises to manage changes in their supply chain, customer demand, and other variables that affect their lives.

Learn about controlling function here:brainly.com/question/22691648

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7 0
1 year ago
Beta Corporation wrote off $100,000 due from a specific client in March 2011. However, this client was able to make a Partial pa
Otrada [13]

Answer:

Option D Allowance for noncollectable Accounts.

Explanation:

The bad debt recovery recording is a two step process.

Step 1 Reverse the entry of bad debt with the amount received

Dr Trade Receivable $40,000

Cr                   Bad debts    $40,000

Step 2 Now record the receipt of amount as a reduction in trade receivable and increase in cash asset.

Dr  Cash  $40,000

Cr Trade Receivables $40,000

The only account unconsidered here was Allowance for the noncollectable account.

4 0
3 years ago
If money is paid when a change of ownership in a life insurance policy takes place, this is generally known as a ____________.a.
valina [46]

Answer:

The correct answer is A

Explanation:

Transfer of value is the term which is defined or described as the rule that stipulate when any interest in the policy or the life insurance policy is transferred for something of value such as property and money. A portion of the death advantage is subject to be taxed on the ordinary income.

So, when the money or amount of money is paid if the change of ownership in the life insurance policy happen or occur, then it is usually known as the transfer of the value.

6 0
3 years ago
What gives the us government the right to collect taxes?
irakobra [83]
The sixteenth amendment 
8 0
3 years ago
Read 2 more answers
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Llana [10]

Answer:

The given laws for each are as follows:

Explanation:

1. WCG agrees with its cell plan competitors to raise prices for all customers - Sherman Antitrust Act

2. WCG colludes with another company to stop offering family plan discounts - Sherman Antitrust Act

3. WCG decides to advertise a new plan that is 75 percent off the regular plan, even though it is only 20 percent less - Wheeler-Lea Act

4. WCG promises retail consumers a "wholesale" rate, even though it is the same price as always - Wheeler-Lea Act

5. WCG wants to attract more women to its plans and starts offering female consumers 30 percent off their bill - Robinson-Patman Act

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5 0
3 years ago
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