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
ryzh [129]
2 years ago
13

The elasticity of supply measures how responsive:

Business
1 answer:
slega [8]2 years ago
8 0

Answer:

the quantity supplied is to a change in price. 

Explanation:

Elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price

Elasticity of supply = percentage change in quantity supplied/ percentage change in price

Supply is elastic if a small change in price has a greater effect on the quantity supplied.

Supply is inelastic if a small change in price has little or no effect on quantity supplied.

Supply is unit elastic if a small change in price has a proportional equal effect on quantity supplied.

I hope my answer helps you

You might be interested in
Sally agrees to roof a house for Bob.After doing his research,Bob chooses Sally based on her great reputation for being conscien
lord [1]

Answer:

B) They are employees.

Explanation:

They work for Sally. Sally hired Truly, Glen and Fred and pays them an hourly wage, and provides the tools that they use to perform their work. She also supervises and directs their job. They are not independent contractors due to the direct relation that exists between them and the fact that they obey Sally's orders.

7 0
2 years ago
Delta Manufacturing has budgeted the following unit sales: 2019 Units April 25,000 May 40,000 June 60,000 July 45,000 Of the uni
Greeley [361]

Answer:

The budgeted sales for coastal division for second quarter 2019 is $750,000

The budgeted sales for central division for second quarter 2019 is $900,000

Explanation:

Coastal division sales budget for the second quarter 2019

Months         Quantity sold                            price              total revenue

April            25,000*40%=10,000                  $15                  $150,000

May             40,000*40%=16000                    $15                  $240,000

June            60,000*40%=24000                   $15                  $360,000

Total coastal division budgeted sales for second quarter    $750,000

Central division sales budget for the second quarter 2019

Months         Quantity sold                            price              total revenue

April            25,000*60%=15,000                     $12                  $180,000

May             40,000*60%=24,000                    $12                  $288,000

June            60,000*60%=36,000                    $12                  $432,000

Total coastal division budgeted sales for second quarter    $900,000

8 0
3 years ago
Read 2 more answers
____________ comprise about 20% of all businesses but account for about 81% of u.s. business receipts.
alisha [4.7K]

Answer:

<u>Corporations </u>  comprise about 20% of all businesses but account for about 81% of u.s. business receipts.

Explanation:

A corporation is kind of a business that is set up by a legal organization headed by a person or several partners together. Examples including Microsoft, Apple Inc. etc

While corporations make up just 20% of registered businesses, they are usually quite larger and have national foot print. They can employ thousands of people, have a number of subsidiary companies and work with hundreds of smaller businesses.

Hence, while they are smaller in number, their impact on the economy is very large.

4 0
3 years ago
On January 3rd, Gates Gems returned merchandise they purchased on account from Jewelry Wholesalers in the amount of $1,450. What
kumpel [21]

i think its called a no take backs

6 0
3 years ago
Which words means finds its food; a consumer.?
notsponge [240]

Answer:

The word that means finding its food is hunting

6 0
2 years ago
Other questions:
  • Suppose that the equilibrium price of a pair of designer Lucky jeans is $300. The government decides that people have a right to
    12·1 answer
  • The _____ adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).
    5·2 answers
  • In a conditional expression that includes logical operators, the and operator has a lower order of precedence than the _________
    7·1 answer
  • An example of an ongoing cost is _____.
    7·2 answers
  • Dvorak Company produced 1,000 units of product that required 3 standard hours per unit. The standard variable overhead cost per
    6·1 answer
  • The money being made in a company. A. Obsolesce B. Solvency C. Revenue D. Debt
    6·2 answers
  • When companies recruit people to promote products to friends and other contacts in exchange for free samples or other​ rewards,
    12·1 answer
  • Following are account balances (in millions of dollars) from a recent FedEx annual report, followed by several typical transacti
    14·1 answer
  • Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. Th
    8·1 answer
  • March 15 current year: Erin created a new inventory item named Birdbath April 20 current year: Erin bought 80 bags of mulch for
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!