1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldi70 [24.7K]
3 years ago
8

If demand for farmer​ john's maple syrup is​ inelastic, then when farmer john raises the price of maple​ syrup, his total revenu

e will
Business
1 answer:
dybincka [34]3 years ago
7 0

If demand is inelastic, this means that the amount demanded doesn't change with the increase of price. In this case, if John were to raise prices, we assume that quantity demanded would stay the same and John would make more revenue.

You might be interested in
1. Which one of the following is the first step in the selection process
Nikolay [14]
Answer: B

Before any actual work is begun you need to have a formal application so there’s something to be worked with.
4 0
3 years ago
Colin presents his findings in class. His topic -- stories addressing effects of white flour on a person's health – features sci
Jet001 [13]

Answer:

Analogy is defined as a comparison between two things with an aim of clarification and explanation

- (D) A firm director describes the differences between documentary and fictional films to a group of people.

Definition means of a text, word,action or concept.

- (B) A professor asks his students to read the poem as if they are reading poetry for the very first time.

Visual Demonstration is an illustrative matter, for example a model, film or a slide designed to supplement spoken or written information in order to be understood easily.

- (A) The owner of a local coffee shop hangs up a map showing the countries the shop purchases it's coffee from.

4 0
2 years ago
During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of whi
notsponge [240]

Answer:

                                                                     $

Sales                                                       8,800,000

Less: Cost of goods sold (W1)               5,241,739.13

Contribution                                          3,558,260.87

Less: Fixed manufacturing cost               598,000

Less: Fixed selling and admin cost          320,000

Net Income                                            2,640,260.87

<em>(W1) Cost of goods sold</em>

Direct Material                                  3,450,000

Direct Labour                                    1,196,000

Variable manufacturing cost              782,000

Variable selling cost                            600,000

Total variable cost                            6,028,000

Less:closing inventory                     786,260.87 (6,028,000/46,000*6,000)

COST OF GOODS SOLD                  5,241,739.13

8 0
3 years ago
What report lists each vendor, the balance due to each vendor, and the total amount due to each vendors?
Lena [83]

Answer: D. schedule of accounts payable

Explanation: The schedule of accounts payable is a list of all vendors which includes their names, amount payable and due date.

It is also a schedule detailed from the account payable ledger.

6 0
2 years ago
Which of the following bonds would have the lowest interest rate? All of the bonds have 10 years to maturity
Rashid [163]

Answer:

C. Mortgage bond rated AAA is the correct answer.

Explanation:

4 0
3 years ago
Other questions:
  • What is an example of a recreational goal??
    11·1 answer
  • Who collects Federal Taxes? a. IRS b. INS c. Treasury d. Federal Reserve
    14·1 answer
  • Suppose that the U.S. government decides to charge cola producers a tax. Before the tax, 50 billion cases of cola were sold ever
    5·1 answer
  • A report by the Wall Street Journal found there were several online retailers that offered customers different prices based on t
    13·1 answer
  • Business risk is affected by a firm's operations. Which of the following is NOT directly associated with (or does not directly c
    13·2 answers
  • To produce x units of a religious medal costs Upper C (x )equals 17 x plus 32. The revenue is Upper R (x )equals 25 x. Both cost
    13·1 answer
  • Cheryl wants to become a fashion designer someday. Which of these goals is under her control? A. Getting a department store to b
    14·1 answer
  • If you start investing a little money now you will most likely have a lot more
    7·2 answers
  • The appropriate journal entry to transfer the cost of completed units from the Work in Process account would involve a credit to
    11·1 answer
  • How much should a single person spend on groceries?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!