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Nana76 [90]
3 years ago
7

Explains how elasticity and incentives work together. Write them in two to three sentences

Business
2 answers:
Elodia [21]3 years ago
6 0

Answer:

A)))

Explanation:

IgorLugansk [536]3 years ago
4 0

An elastic good, such as a game, is more likely to respond to incentives.

Explanation:

In order that elastic products can react to rewards, elasticity and motivation function together.

The calculation of how a complex economy responds to a transition is elastic. In different quantities, elasticity reacts more than any other factor.

Incentive is called something that helps a individual in different ways. Remuneration reward, for example. Here, a person wants more money from a content.

Some types of rewards are bribery, inherent rewards and innate motivation.

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In applying fiscal policy Conservatives will normally seek to limit government and will be inclined to ________ taxes (T) during
telo118 [61]

Answer:

Decrease

Explanation:

Fiscal policy is an important policy tool which is used by the government to account for revenue and expenses. During a boom stage, when the economy is improving the government implements more taxes. Similarly, in a recession period, where economic growth is negative an expansionary discretionary fiscal policy is applied. In this type of fiscal policy, taxes and government expenses both are concentrated to remove the pressure.

8 0
4 years ago
At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $
lapo4ka [179]

Answer:

The correct option is D: $8.60

Explanation:

Average fixed cost of Pretty Flowers = $5.40

Average variable costs of Pretty Flowers = $3.20

We are asked to calculate the Average total cost of Pretty Flowers at this current level

Hence:

Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

If we substitute the value of these variables in the equation, we get:

Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60

3 0
4 years ago
Read 2 more answers
Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's ant
Leto [7]

Answer:

Total cost per unit is $77

Explanation:

Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units

= $478,800 ÷ 34,200 = $14 per unit

Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units

= $171,000 ÷ 34,200 = $5 per unit.

Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses

Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.

Markup = 40% of total cost = $55 × 40% = $22

Therefore, total selling price per unit = Cost per unit + Markup

= $55 + $22 = $77 per unit.

7 0
4 years ago
Which one of the following is a non-profit financial intermediary?
MrMuchimi
A credit union is a non-profit financial intermediary. 
6 0
3 years ago
Read 2 more answers
Decision support systems ____.a.might support a decision maker in only one or two of the problem-solving phases support optimiza
____ [38]

Answer:

all of the above

Explanation:

<u>Decision support systems</u> is a computer system that uses information systems. <em>The main objective</em> of this program is to assist in organizational decision making. To be enabled for this function, the system operates using a large amount of data, which converts information and compiles the most relevant information to provide existing alternatives that assist the effective decision making process.

4 0
3 years ago
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