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Stolb23 [73]
3 years ago
8

A perfectly inelastic supply curve means that … a) a shift in demand will cause the quantity supplied to increase to infinity. b

) any change in price will cause the quantity supplied to drop to zero. c) the quantity supplied depends entirely on the location of the demand curve. d) the supply curve is horizontal. e) the quantity supplied is completely fixed.

Business
1 answer:
Jet001 [13]3 years ago
5 0

Answer: A perfectly inelastic supply curve means that<u><em>  the quantity supplied is completely fixed.</em></u>

Perfectly inelastic supply states that supply is completely fixed. Therefore it is not affected by the change in price level.

<u><em>Therefore, the correct option in this case is (e)</em></u>

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Which of the suggestions do NOT rely on the support of a parent or guardian?
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Answer:

- Chipping away at student loans or getting a secured credit card.

Explanation:

The suggestion that does not depend on the support of a parent or guardian would be 'chipping away at the student loans or getting a secured credit card' as it lays the responsibility on the shoulders of the student which does not require parents' backing. The supportive parents always tend to offer every possible opportunity to their child upto the extent they can afford to provide a better experience and future to their kid.

7 0
3 years ago
By january 2014 the us population had grown to 317.3 million and the us federal debt was a reported $17.3 trillion. calculate th
Fudgin [204]

Per capita means per person. You would take the total debt and divide by the number of people. That will give you federal debt per capita.

3 0
3 years ago
In order for the us to keep up with the advancements of other countries, __________ was created to lead computing research, whic
Elena L [17]

In order for us to keep up with the advancements of other countries, ARPA was created to lead computing research, which then led to the creation of the first wide area network.

This is further explained below.

<h3>What is a wide area network.?</h3>

Generally, A telecommunications network that is spread out across a vast geographical region is known as a wide area network (WAN). Frequently, leased telecommunication circuits are utilized in the process of establishing wide area networks.

In conclusion, ARPA was established to take charge of computer research so that the United States could keep up with the technological achievements of other nations.

This eventually resulted in the development of the very first wide area network.

Read more about the wide area network.

brainly.com/question/1167985

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3 0
1 year ago
You just won the grand prize in a national writing contest! As your prize, you will receive $500 a month for 50 months. If you c
nadya68 [22]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Cash flow= $500

Number of months= 50

Monthly interest rate= 0.07/12= 0.00583

First, we need to calculate the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= cash flow

FV= {500*[(1.00583^50) - 1]} / 0.00583

FV= $28,928.06

Now, the present value:

PV= FV/(1+i)^n

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5 0
3 years ago
The statement of owner's equity: Multiple Choice
QveST [7]

Answer:

E. Reports how equity changes over a period of time.

Explanation:

Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.

And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.

There is no statement prepared to show any change in owner's equity at a point.

Statement reporting cash flows is called cash flow statement.

Therefore, correct option is:

Statement E

5 0
3 years ago
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