The two largest stock markets in the world are the ____ and the ___

If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium pri

never [62]

Answer:

If the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to <u>rise and the equilibrium quantity to stay the same</u>.

Explanation:

Perfectly inelastic demand curve indicates the quantity demanded for the life-saving medicine remains the same or does not change in response to a change in price.

Since a part of the law of supply states that the lower the quantity supplied, the higher the price; a reduction in the supply of the life-saving medicine will increase its price.

The combining effect of the two above will lead to an increase in the equilibrium price while the equilibrium quantity will remain the same as it will not respond to the change in price.

The attached graph explains this more clearly. In the graph, the demand curve DD is used to represent the perfectly inelastic demand curve for the life-saving medicine. Therefore, the quantity remains at q no matter the changes, either increase or decrease, in price. Movement from the supply curve S1 to S2 indicates a reduction in supply of the life-saving medicine which causes an increase in the equilibrium price from Po to P1 while the equilibrium quantity stays at q.

This therefore shows that if the demand curve for a life-saving medicine is perfectly inelastic, then a reduction in supply will cause the equilibrium price to <u>rise and the equilibrium quantity to stay the same</u>.

8 0

3 years ago

A(n) __________, used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and ve

allsm [11]

A CBA , used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and verified prior to the development of the project plan.

A project plan is a collection of official documents outlining the project's execution and control phases. In addition to addressing scope, cost, and schedule baselines, the plan takes risk management, resource management, and communications into account.

A project plan is a document that outlines each step needed to complete a project from A to B. It is sometimes portrayed as a Gantt chart. It acts as a roadmap by outlining the project phases, important project tasks, their start and end dates, interdependencies, and project milestones.

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4 0

2 years ago

Who are the primary regulatory entities of the real estate business?

omeli [17]

Answer:

State regulation State governments are the primary regulatory entities of the real estate business. State governments establish real estate license laws and qualifications

Explanation:

A simple definition of real estate is that it is air, water, land, and everything

affixed to the land. Real estate in the United States may be owned privately by

individuals and private entities or publicly by government entities. Private

ownership rights in this country are not absolute. The government can impose

taxes and restrictions on private ownership rights, and it can take private

property away altogether. In addition, other private parties can exert their rights

and interests on one's real property. A bank, for example, can take a property if

the owner fails to pay a mortgage. A neighbor can claim the right to walk across

one's property whether the owner likes it or not, provided he or she has done so

for a certain number of years.

In attempting to define real estate, it is essential to understand what rights and

interests parties have in a parcel of real estate. And to understand real estate

rights and interests, one must first recognize the distinctions between:

 land and real estate

 real estate and property

 real property and persnal pro[perty

5 0

3 years ago

Ж I NEED HELP!

IgorC [24]

The process you need to to start a fashion clothing brand.

Fist step is to recognized the fashion need in the market.
Create your business plan.
Know your specific audience.
Start drawing and then designing the cloth
look for a good clothing maker
Choose and Make a brand name, logo, etc.
Set a target price and start marketing/distribution process..

<h3>What is Clothing Brand?</h3>

This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.

Note that by flowing the steps above, one can make a great fashion brand in the long run.

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7 0

2 years ago

Hannah has liabilities totaling $29,750 (excluding her mortgage of $99,167). Her net worth is $42,500. What is her debt-to-equit

Gnom [1K]

Answer:

Debt-to-equity ratio = 0.70

Explanation:

given data

liabilities totaling = $29,750

mortgage = $99,167

net worth = $42,500

solution

we get here debt-to-equity ratio that is express as

debt-to-equity ratio = Total Debt ÷ Total Equity ....................1

put here value and we will get

Debt-to-equity ratio = $\frac{29750}{42500}$

Debt-to-equity ratio = $\frac{7}{10}$

Debt-to-equity ratio = 0.70

5 0

3 years ago

The two largest stock markets in the world are the ____ and the ____.

The two largest stock markets in the world are the and the .