Answer:
the farm would face trade offs in production of apples or oranges
Explanation:
i have a brain and I used it
When the price of good a increases, the total revenue from good a is unchanged. From this we know that the demand for good a is unitary elastic
Whenever the change in the price of a good occurs there is a change in the demand of the good as well. This certainly affects the revenue generated from that good.
This change in demand can be mainly classified into different types i.e. elastic, inelastic and unitary.
However, unitary elastic demand is the one in which change in the price causes exact proportionate change in the demand as well. This means that the revenue generated from the good remains unchanged.
In other words, the good is being consumed in the same amount and price has not affected the consumption.
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Answer:
D. perfect competition
Explanation:
Perfects competition is a theoretical market structure where competition among firms is at the highest level possible. It is also known as pure competition. Due to the high level of competition, there are no dominant firms. Each firm will have a small proportion of the market share. Other characteristics of a pure competition market include,
1. All firms sell a homogeneous or identical products
2. There are barriers to entry or exiting in the market
3. All firms are price taker; no single entity can influence the prices
4. There many very firms and seller in the markets
5. Buyers have sufficient knowledge about the sellers and the market.
Hi there
The accounts receivable turnover ratio equals net credit sales divided by average accounts receivable
So
5.0= Net credit sales/ (20,000 + 22,000/2)=
5 x 21,000= 105,000
Net Credit Sales= 105,000
Hope it helps
Answer:
organizational learning
Explanation:
As the name suggest, the organizational learning deals with the learning perspectives in an organization by transferring, retaining the knowledge.
The organization needs to adopt the changes via technology, innovative ideas according to the needs and the requirement so that the organization can gain the competitive advantage through which it can achieve its goals and the objectives in an efficient and effective manner
