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DedPeter [7]
3 years ago
10

Why would the supply curve of a dog walking business be considered elastic

Business
1 answer:
AURORKA [14]3 years ago
4 0

Answer:

C. because it can hire workers quickly if the price rises​

Explanation:

Demand is said to be elastic if a small change in price causes a significant change in the quantity demanded.  For example, if the price commodity Z increases by a small percentage and the demand falls by a bigger percentage, commodity z has elastic demand. Elastic demand is about the responsiveness of quantity demanded due to changes in price.

The supply curve illustrates the relationship between price and the quantity demanded. If demand is elastic, a change in price will result in a big movement along the supply curve. If the price of labor for walking dogs decreases by a small percentage, and the demand for dog walkers increase, then the dog walking business has elastic demand.

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True or False: A tax cut is less likely to change the composition of labor demand than a government spending increase.
MA_775_DIABLO [31]

Answer:

True

Explanation:

This is the case because tax cuts and government spending are instruments that could be used in expansionary fiscal policy.

Note that reduced taxes usually have a direct impact on the disposable income of a economy not the composition of labor demand. Tax cuts leads directly to consumption and savings increase, resulting from increase in disposable income in the economy.

5 0
3 years ago
Formula<br>of<br>Monopoly market​
Arada [10]
I would say pretty big
7 0
3 years ago
Haskins Textile Co. manufactures a variety of fabrics. All materials are introduced at the beginning of production; conversion c
aliya0001 [1]

Answer:

D. 13,000.

Explanation:

The computation of the equivalent units of direct materials for April month is given below

= Number of units completed + ending units remained in production × completion percentage

= 9,000 units + 4,000 units × 100%

= 9,000 units + 4,000 units

= 13,000 units  

All the other information that is mentioned is not relevant. Hence ignored it

5 0
3 years ago
The indifference policy advocates that dividends are irrelevant. firms are indifferent to dividend policy but stockholders are n
n200080 [17]

Answer:

The indifference policy advocates that dividends are irrelevant.

Explanation:

The indifference Policy holds that that dividends do not add value to a company’s stock price.

According to this theory, investors do not need to concern themselves with a company's dividend policy since they have the option to sell a portion of their portfolio of equities if they want cash.

This school of thought believes that a company’s declaration and payment of dividends should have little to no impact on the stock price.

7 0
3 years ago
Which of your needs are not being met by businesses and/or nonprofit organizations in your area? Are there enough people with si
mash [69]

The needs that are not being met by business are man power,funds and strategy planning.The non-profit organization are funds.Yes, If you speak to entrepreneurs or non-profit organization they would call and talk about the funds.To find out meet friends whose dad run  businesses and donate at least $10 to an non profit organization.

Explanation:

  • Business has categories, Big caps, mid caps and small caps.
  • Big cap( Organization with huge business like MC Donald.
  • Mid caps ( Organization with employees about 500)
  • Small caps ( SME small medium enterprise about 5 - 10 employees)
  • Small scale enterprises have bigger problems they are not sustained.
  • They run with employees who are not strategically smart and limited
  • To start  entrepreneurs must have land, labor,capital and organization.
  • They are having minimum of that which is the important part.
  • Non-Profit organization have categories to they known and unknown.
  • The known ones are funded with bigger organization.
  • The unknown ones are not but yet there could be differences.
  • The Non-profit organization fights,poverty, female gender for basic.
  • Necessity which is apparently still a big problems.
4 0
3 years ago
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