1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sedbober [7]
3 years ago
12

The cost to produce tooth paste has increased by 1000%. This has caused the price to quadruple, but the demand has remained the

same. Based on the information provided, is this product elastic or inelastic?
Business
1 answer:
erica [24]3 years ago
6 0

Answer:

Inelastic

Explanation:

In the given question,the cost to produce the toothpaste has increased, which led to the increase in the price of the toothpaste significantly. But there is no change in the demand of the toothpaste.

Hence, this product is inelastic.

In the inelastic demand, the demand of the product does not change with any variation in the price of the product.

You might be interested in
On January 2, 2015, Quick Delivery Company traded in an old delivery truck for a newer model. The exchange lacked commercial sub
fenix001 [56]

Answer:

$36,000

Explanation:

The first step is to calculate the fair value of the new truck

(List price-cash paid with trade)-(original cost -accumulated depreciation)

= (36,000-30,000)-(24,000-16,000)

= 6000-8000

= loss of $2000

Therefore the cost of the new truck for financial accounting purposes can be calculated as follows

(Original cost- accumulated depreciation)+cash paid with trade-loss

= (24,000-16,000)+30,000-2000

= 8,000 + 30,000 - 2,000

= 38,000-2,000

= $36,000

Hence the cost of the new truck for financial accounting purposes is $36,000

7 0
3 years ago
If the economy were encountering a severe recession, proper monetary and fiscal policies would call for:
Alexxx [7]
For purchasing government securities, diminishing the save proportion, lessening the markdown rate, and a budgetary deficiency. The Economic recession is a time of general monetary decrease and is normally joined by a drop in the share trading system, an expansion in joblessness, and a decrease in the lodging market. For the most part, a retreat is less extreme than a wretchedness.
4 0
3 years ago
How much does a pediatrician make in a month?
Sati [7]
 they make  135000 a month

3 0
3 years ago
Dr. Beswick was writing questions for a test, but found herself listening to reggae music coming from an adjoining office, and t
Svetradugi [14.3K]

Dr. Beswick was writing questions for a test, but found herself listening to reggae music coming from an adjoining office, and thinking about her upcoming trip to the Caribbean. She is experiencing  <u>attentional deficit</u>.

<u>Explanation</u>:

Attention deficit disorder (ADD) is a kind of neurological disorder that causes difficulty in concentration, lacking attention and facing many problems in completing tasks and social interaction.

Brain injury, genes and exposure to environment toxins are some of the causes of the attention deficit disorder.

In the above scenario, Dr. Beswick was attending a test. She was distracted by the reggae music that was coming from the adjoining office. After listening to the music she started thinking about her upcoming trip to Caribbean. Dr. Beswick was affected by attentional deficit disorder.

7 0
3 years ago
Process tailoring is best undertaken on agile projects when
Mkey [24]
It's best to use process tailoring when they are facing difficulties with the current agile projects strategy or they want to create improvement by trying new things.
Through process tailoring, management could adjust current strategy with unique problems/situation that faced by the organization in order to increase the efficiency.
5 0
3 years ago
Read 2 more answers
Other questions:
  • A photocopier cost $ 102 comma 000 when new and has accumulated depreciation of $ 93 comma 000. If the business discards this pl
    12·1 answer
  • What not true about lockout tagout
    7·1 answer
  • Courier Logistics Corp. will issue $2,400,000 in 8-year bonds that pay 5% annually. The market rate for bonds of similar riskine
    7·1 answer
  • Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildi
    10·1 answer
  • If a computer store dumps waste behind its building in violation of local, state, or federal environmental regulations, the resu
    8·1 answer
  • If a physical count of inventory indicates that the Merchandise Inventory account is​ overstated, an adjusting entry is required
    14·1 answer
  • Based on the following data, what is the current ratio? Accounts payable………………………….. $ 64,000 Accounts receivable….………………….. 114
    5·1 answer
  • a body of the letter is composed of the: a. purpose, audience, context. b. address, salutation, and closing. c. introduction, su
    7·2 answers
  • During 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business:
    15·1 answer
  • ________ is the process of defining a marketing problem and opportunity, systematically collecting and analyzing data, and recom
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!