Output and input levels always tend to an equilibrium point it the long run, meaning they are inelastic in the long run.
Elasticity refers to how much supply and/or demand changes with changes in pricing. The more elastic, the more change there is.
In the short-term, output and and supply can change dramatically, but in the long run things tend back to the middle (equilibrium).
There is 1000 tickets and you have one so you have 1 in a 1000 chance
Answer:
As you are working on a Google Search Ad that's not performing as expected and you specifically want more users to click on the ad. To improve the click-through rate on your ad, you have to enhance and improve the text of your ad, you can do it by selecting and using more better, effective, rich, competitive and most searched keywords. Moreover, you can take help from higher converting advertisement copy as well. Adding the links of your ad to other social media and blog pages can also be very helpful. Furthermore, you should stop the ads which are not performing well. All of these things can improve the click-through rate on your ad.
When a bank account is reconciled, then it means that the bank transactions are checked and compared to the bank statement to be sure that the inflows and outflows tallies and are accurate.
Basically, the steps to reconciling an account are as follows:
- Make comparisons of the deposit in the account
- If you find any discrepancy, make adjustments on the bank statement
- Make an adjustment of the cash account
- Make a comparison of the balance.
Please note that your question is incomplete so I gave you a general overview to help you better understand the concept.
Read more about bank statements here:
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Her weekly pay increased by $29.25.
39 times 9.25 is 360.25
360 minus 360.25 is 29.25