The answer is : Elastic Demand. The elasticity of demand shows the responsiveness of the quantity demanded to the change in price. An elastic demand means that the demand is affected by changes in price. While an inelastic demand means that the supply is not affected by changes in price at all.
In an independent marketing channel, several independent members each attempt to satisfy their own objectives and maximize their profits, often at the expense of the other members.
<h3>What is marketing channel ?</h3>
A marketing channel can be described as the channel that consist people, organizations, and activities necessary to transfer the ownership of goods from the point of production to consumption.
It shoul;d be noted that this can be seen as the way products get to the end-user, the consumer; and is also known as a distribution channel.
Therefore, option B is correct.
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Answer:
<em>$0.48 per client-visit; $22,856 per month</em>
Explanation:
Where,
y2 is the total cost at highest level of activity; y1 is the total cost at lowest level of activity; x2 are the number of units/labor hours etc. at highest level of activity; and x1 are the number of units/labor hours etc. at lowest level of activity
<em>Variable Cost per Unit </em>
= (28,904 -28,227) / (12,600-11,199)
= $0.48
<em>
Total Fixed Cost </em>
= y2 ? bx2
= 28,904 - $0.48 * 12600
= $22,856.00
Answer:
The survey conducted by the Bureau of Labor Statistics today will count Bonnie as not in the labor force .
Explanation:
" not in the labor force " -
The people who are not employed and even are not unemployed are called the " not in the labor force " .
The people who are present in this category are the -
- The people taking care of children ,
- people who are not working but searching for job ,
All of them fall in this category .
Hence , according to the survey , Bonnie is under the category of " not in the labor force " .
Answer:
$9.6 million
Explanation:
The amount Laramie would record in its books of account in respect of the land acquisition cost is the sum of the cash paid now and the notes payable .
That effectively gives acquisition cost of $9.6 million ($2.9 million+$6.7 million).
The interest payable on the notes payable of $6.7 million would be treated as expense in the income statement of years 2021 and 2022 respectively without being added to the acquisition cost since it is a revenue expense and should not be capitalized.
