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lutik1710 [3]
3 years ago
15

If demand for a given good is elastic, then a given percentage change in price will bring about a(n) __________ percentage chang

e in quantity __________.
Business
1 answer:
Volgvan3 years ago
8 0

Answer:

The correct answer is letter "A": larger; demanded.

Explanation:

Elasticity is the characteristic of goods and services by which their quantity demanded changes in proportion to the change in prices. <em>Elasticity is calculated by dividing the percentage change in the quantity demanded by the percentage change in price.  </em>

<u><em>If the result is equal to or greater than one (1), the demand for the product is elastic, meaning a minimum change in price causes a greater change in quantity demanded</em></u>. If the result is lower than 1, the demand is inelastic which implies that changes in the price of a product almost do not change the quantity demanded.

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A disadvantage of a sole proprietorship is?
ivann1987 [24]
I think the answer is B, but I am not sure.
4 0
3 years ago
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match
Romashka-Z-Leto [24]

Answer and Explanation:

The matching is as follows

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In this way it should be matched

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3 years ago
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grin007 [14]

Answer:

$255,000

Explanation:

Given that,

2016:

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2017:

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= $255,000

Note:

(i) The carry back provision allows losses to be carried back to preceding 2 years, with the amount of net loss being applied to earliest year first.

(ii) 2018 net loss should be applied to income of 2016 first.

4 0
3 years ago
You sold 12 plants for $5.00 each. You purchase seeds at the Dollar Store for .50 a pack. The plant container costs $2.00 each.
alina1380 [7]

Answer: Well, first this relies on whether or not a pack plants twelve plants or just one. For the sake of this question, I will assume they plant one. Each plant costs two dollars and fifty cents to plant, and each are sold for five dollars, making two dollars and fifty cents profit on each. 12 times 2.5 is thirty dollars of profit total.

Explanation:

5 0
3 years ago
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All financial intermediaries are authorized depository institutions by APRA to carry out financial intermediation
VladimirAG [237]

Answer:

The correct answer is the option: True.

Explanation:

First of all, the<em> Australian Prudential Regulation Authority</em> or APRA is the name given to an independent statutory authority whose main purpose is to regulate and supervise institutions across banking, insurance and superannuation and promotes financial system stability in Australia.

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7 0
3 years ago
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