Answer:
Zero
Explanation:
Supply is buyers ability & willingness to sell at given price, period of time.
Elasticity of Supply is change in supply by buyers, in response to price change.
Supply Elasticity is as undermentioned in following cases :-
- Zero (Perfectly Inelastic) - Quantity supplied doesn't change with price change.
- Inelastic - Quantity supplied change < price change.
- Elastic - Quantity supplied change > price change
- Infinite (Perfectly Elastic) - Quantity supplied responds infinitely high to price change, prices stay constant.
Given : Fishermen must sell all his daily catch before it spoils; means he will have to sell daily produce <u>irrespective</u> of any price change (rise / fall). So, the elasticity of supply is zero.
The answer to the statement above is TRUE, A person selecting a bank will consider how secure his return is to safely put his investments in. All investments are important and it involves certain degrees of risk as to where you'll gonna put it.
Answer:
An investment is acceptable if its AAR exceeds a target AAR.
Explanation:
The average accounting return (AAR) is a capital budgeting decisions method that is obtained by dividing the earnings after taxes and depreciation of an investment project by its average book value during its life.
An arbitrary ARR target is usually set which compared with the calculated ARR.
The decision rule under ARR is that an investment should be accepted if its AAR exceeds the target AAR.
Therefore, The average accounting return (AAR) rule can be best stated as ann investment is acceptable if its AAR exceeds a target AAR.
Answer:
The correct word for the blank space is: content.
Explanation:
Content goals are those important or that have a high value. These objectives are typically involved in the personal or professional development of individuals. Content goals imply a higher involvement and usually are objectives that cannot be set aside compared to other goals.