Based on the following passage, what force can you infer is responsible for causing an implosion if not pressure?

Most labor economists believe that the supply of labor is a. less elastic than the demand, and, therefore, firms bear most of th

goldfiish [28.3K]

Answer:

d

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

The supply of labour usually exceeds the demand for labour. So, the supply of labour is less elastic. as a result workers bear the burden of tax

5 0

3 years ago

Assuming a speed limit is 105 km/hr, what is this in miles per hour

blagie [28]

105 km/hr is the same as 65.244 miles per hour. You can do this by doing unit conversions until you get the satisfied units. Then you multiply and reduce the fraction. In this case, the answer is 65.244 miles per hour.

3 0

3 years ago

Income statement data: Sales $ 5,000 Cost of goods sold 4,200 Balance sheet data: Inventory $ 550 Accounts receivable 110 Accoun

nydimaria [60]

Answer:

A. Accounts receivable period days = 8.0 days

B. Accounts payable period days = 23.4 days

C. Inventory period days = 48.0 days

D. Cash conversion cycle = 32.6 days

Explanation:

A. We know,

Accounts receivable period days = $\frac{365}{Accounts receivable turnover}$

Accounts receivable turnover = $\frac{Net sales}{Average accounts receivable}$

Given,

Sales = $5,000

Accounts receivable = $110

As, there is no beginning balance of accounts receivable, the normal balance of accounts receivable will be treated as average accounts receivable.

Therefore, Accounts receivable turnover = $\frac{5,000}{110}$

Accounts receivable turnover = 45.5 times

Again, Accounts receivable period days = $\frac{365}{45.5}$

Accounts receivable period days = 8.0 days

B. We know,

Accounts payable period days = $\frac{365}{Accounts payable turnover}$

Again, to determine accounts payable period days, we have to find accounts payable turnover.

Accounts payable turnover = $\frac{Purchases}{Average accounts payable}$

As there is no purchase, cost of goods sold will be used to determine the payable turnover. Moreover, there is no beginning balance of accounts payable, we will use ending accounts payable as average payable.

Given,

Purchase (Cost of goods sold) = $4,200

Accounts payable = $270

Accounts payable turnover = $\frac{4,200}{270}$

Accounts payable turnover = 15.6 times

Therefore, Accounts payable period days = $\frac{365}{15.6}$

Accounts payable period days = 23.4 days

C. We know,

Inventory period days = $\frac{365}{Inventory turnover}$

To determine inventory period days, we have to find inventory turnover.

Inventory turnover = $\frac{Cost of goods sold}{Average Inventory}$

As there is no beginning balance of inventory, we will use ending inventory as average inventory.

Inventory turnover = $\frac{4,200}{550}$

Inventory turnover = 7.6 times

Therefore, Inventory period days = $\frac{365}{7.6}$

Inventory period days = 48.0 days

D. We know,

Cash conversion cycle = Days Inventory Outstanding + Days Sales Outstanding - Days Payable Outstanding

Here, Days Payable Outstanding = Accounts payable period days = 23.4 days

Days Inventory Outstanding = Inventory period days = 48.0 days

Days Sales Outstanding = Accounts receivable period days = 8.0 days

Putting the value in the formula, we can get,

Cash conversion cycle = 8.0 + 48.0 - 23.4 days

Cash conversion cycle = 32.6 days

6 0

4 years ago

Financial intermediaries exist because small investors cannot efficiently _______.

rusak2 [61]

Answer:

The correct option is C,small investors cannot efficiently diversify their portfolios, assess credit risk of borrowers, or advertise for needed investments.

Explanation:

Financial intermediaries are those institutions that link the surplus side,those with cash surplus to requirement and the deficit side,those that are short of the required amount of cash for investment purposes.

Financial intermediaries as experts in the field have the requisite knowledge of the market,skills and experience to diversify portfolio.

Diversification involves ascertaining the various instruments the funds available be invested in and the proportion to invest in each .

It is also noteworthy to determine the credit risk of the borrowers to ascertain how risky the investment is and the appropriate level of return.

Finally,the intermediaries advertise the needed investments,for instance an Initial Public Offer could be advertised by prospectus.

3 0

3 years ago

Read 2 more answers

is an arrangement under which an investment banker agrees to purchase all shares of a public offering at an agreed-upon price. a

Andreyy89

What is Investment Banker?

Investment bankers advise businesses and, in certain situations, governments on financial matters. They assist their clients in fund raising. That could entail issuing stock, putting a bond on the market, negotiating the purchase of a competing business, or setting up the sale of the firm as a whole. Famously, investment bankers play a major part in the initial public offers (IPOs) of emerging companies getting ready to go public. That is merely one of their work assignments, though.

What is A Private Placement?

A private placement is when stock or bonds are sold to institutions and investors who have been hand-picked rather than on the open market. It is a substitute for an initial public offering (IPO) for a business looking to raise money for growth.

Wealthy individual investors, banks and other financial institutions, mutual funds, insurance companies, and pension funds are among the investors asked to take part in private placement programs.

A private placement is the sale of securities to a small group of organizations and people.

Comparatively speaking to the open market, private placements are less strictly regulated.

Startups today frequently use private sales in order to raise capital and delay or avoid an initial public offering (IPO).

To learn More about investment banker from the given link.

brainly.com/question/12301548

#SPJ4

8 0

2 years ago