Answer:
The answer is inelastic.
Explanation:
Since the income-elasticity is 0.5(less than 1), it means the product is income inelastic. Income inelastic means that increase in income of households does not mean there will be an increase in quantity demanded(i.e an increase in income lead to decrease in quantity of Canon demanded).
The cross-price elasticity with Kodak camera is equal to 1.25. This means that Kodak and Canon are substitutes
The best and most correct answer among the choices provided by the question is the fourth choice. <span>"Shareholder wealth" in a firm is represented by </span><span>the market price per share of the firm's common stock. </span><span>I hope my answer has come to your help. God bless and have a nice day ahead!</span>
Answer:
The correct answer is the option B: a certified check.
Explanation:
To begin with, the term of <em>''certified check''</em> refers to a type of check that was certified by the emisory bank stating that the account has enough money to make the payment, therefore that the bank's account of the user is currently with sufficient money in order to do the purchase for which the check was meant to.
Secondly, once established the concept of a certified check, it is understood that in the situation where Elmo pays a certain amount to his bank in order to draw a check to pay for something, then the bank has enough money in Elmo's account and therefore <u>the check will be certified</u> by the bank.
Answer:
pic quality is too low so I didn't understand
Answer:
The statement is: True.
Explanation:
A company's scope determines which sector of the market they will focus on and in what product specifically. For new businesses, it is recommended to engage in the production of one service only so the company can have enough control of it but the organization's goal should be to diversify as long as the firm grows and starts earning stable revenues.