Answer:
C. less than 1
Explanation:
Supply is elastic if producers can increase output without a rise in cost or a time delay which means Price elasticity of supply is more than 1.
Supply is inelastic if producers find it hard to change production in a given time period which means Price elasticity of supply is less than 1.
When Price elasticity of supply equals 0 then supply is perfectly inelastic.
Answer:
culture
Explanation:
culture: it is combination of values and moral that someone inherit from their forefather. it has very firm effects on decision making process. culture factors like occupation, economic background of consumer and lifestyle etc affect the decision of consumer. it is the value that passes from one generation to another.
culture is that stiff part of one life that cannot be change with time and more or less on the basis this consumer change its decision.
Answer:
OPERATING ACTIVITIES
SOURCES: INTEREST RECEIVED IN CASH $18,000, the company receives money
(USES:) PAYMENT OF WAGES TO EMPLOYEES $35,000, the company pays wages
INVESTING ACTIVITIES
SOURCES: NONE
(USES:) PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000 , the company pays for the equipment
FINANCING ACTIVITIES
SOURCES: NONE
(USES:) DISTRIBUTION OF CASH DIVIDEND DECLARED LAST YEAR $25,000, the company pays dividends
Answer:
$1615
Explanation:
($575 + 650) 0.10 = $122.50
Find the future value of $122.50
Future value can be calculated using a financial calculator:
$122.50 = PMT
10 = N
6% = I/Y
Press compute then FV
Fv = $1615
I hope my answer helps you
Answer:
If American produces the new compound, profit will increase by $88,000
Explanation:
increase in selling price = selling price of new variant of chemical - selling price of chemical compound
= $83 - $52
= $31
Net increase in profit = total increase in selling price - additional processing cost
= $31*8000 - $160000
= $248000 - $160000
= $88,000
Therefore, If American produces the new compound, profit will increase by $88,000.
net increase in profit =
