The economic order quantity (EOQ) deals with calculating the proper order size with respect to ____ costs and ___

Producers' total revenue will decrease if A. The price rises and demand is inelastic. B. income increases and the good is a norm

pav-90 [236]

Answer:

The correct answer is letter "C": the price rises and demand is elastic.

Explanation:

Price elasticity of demand describes the relationship between changes in quantity demanded and prices. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than 1, the demand is elastic. This means <em>in front of relatively small changes in price, major changes in quantity demanded will occur. </em>

Therefore,<em> if a good or service increases in price being the product inelastic, the quantity demanded is likely to drop (demand law) implying the producers' revenue will be decreased.</em>

3 0

4 years ago

a _____ loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit.

rusak2 [61]

A consolidation loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit. Thus the correct option is D.

An amount given by any financial institution to any individual in advance on a certain rate of interest that they need to repay during the given time is called a loan.

A consolidation loan is meant to assist individuals with credit problems brought on by excessive credit use. A debt reduction approach known as a debt consolidation loan is taking out a new loan to settle a number of bills.

Therefore, option D is appropriate.

Learn more about the consolidation loan, here:

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The complete question is probably

A _____ loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit.

a. personal

b. single-payment

c. buy-down

d. consolidation

e. standard

8 0

2 years ago

Which of the following expenditures should be recorded as an asset? Multiple Choice Maintenance that maintain current benefits.

gulaghasi [49]

Answer:

The correct answer is letter "B": An addition which increases future benefit.

Explanation:

An asset is a resource of economic value. Individuals, companies, and countries expect their own assets to generate economic benefits both now and in the future. Assets may be tangible, such as machinery and land or intangible, including products such as a trademark, a mechanical formula or property rights.

The accounting term addition <em>refers to the subsequent acquisition of a plant, property, or equipment. Therefore, they are to be considered as assets at the moment of recording them.</em>

6 0

3 years ago

Describe at least three other investments you want to make with your income either now or someday in the future. Explain why you

const2013 [10]

<span>Don't invest in stock, period. Look up Options....Options are successful in a bearish and bullish market. As opposed to stocks are only in bullish markets. NEVER go in it for the long haul! Plain and simple.</span>

8 0

4 years ago

Read 2 more answers

Blake Company has $15,000 cash at the beginning of June and anticipates $50,000 in cash receipts and $34, 500 in cash disburseme

rodikova [14]

Answer:

balance of the loan = $4500

correct option is d. $4, 500

Explanation:

given data

cash at the beginning = $15,000

cash receipts = $50,000

cash disbursements = $34, 500

minimum cash balance = $10,000

maintains = $20,000

company owes = $15,000

to find out

balance of the loan

solution

we get here first excess that is

excess = $15,000 + $50,000 - $34, 500

excess = $30500

so used to loan replay will be here as

used to loan replay = $30500 - $20,000

used to loan replay = $10500

so balance of loan will be here

balance of the loan = $15,000 - $10500

balance of the loan = $4500

correct option is d. $4, 500

6 0

4 years ago

The economic order quantity (EOQ) deals with calculating the proper order size with respect to ____ costs and ____ costs.

The economic order quantity (EOQ) deals with calculating the proper order size with respect to costs and costs.