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ryzh [129]
3 years ago
13

The elasticity of supply measures how responsive:

Business
1 answer:
slega [8]3 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

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_______________ is a cost-effective way that many companies outsource the production of goods, such as clothing, shoes, and cell
diamong [38]

Answer:

Correct option is (c)

Explanation:

In international market contract manufacturing is when one firm manufactures goods under another firm's label or brand. Under this type of manufacturing, a company seeks another company in a different country to manufacture goods for it. This is done as the it could be costly to manufacture goods in home country in terms of human resources and raw materials.

So, contract manufacturing, also called international outsourcing or international sub-contracting is a cost-effective way of manufacturing goods.

4 0
4 years ago
Net operating income is income after interest and taxes. true or false
ollegr [7]
<span>False. Net operating income is income after interest and taxes.

Net operating income, also know as, NOI is used to generate income mainly in real estate. To solve for net operating income you take the revenue from the property sold and subtract the operating expenses from the sale. </span>
3 0
4 years ago
Blue Spruce Corp. reports the following ledger account balances at June 30, 2022:
creativ13 [48]

Answer:

<h3>Blue Spruce Corp.</h3>

The total credits on the company's trial balance at June 30, 2022 are:

Accumulated depreciation-equipment $66

Accounts payable                                   910

Unearned rent revenue                         136

Common stock                                      246

Retained earnings                              6800

Service revenue                                    382

Interest revenue                                     76

Totals                                               $8,616

Explanation:

a) Data and Calculations:

Blue Spruce Corp.

Trial Balance as at June 30, 2022:

Accounts Title                         Debit      Credit

Cash                                       $1832

Accounts receivable               2858

Inventory                                 3904

Prepaid rent                                96

Equipment                                390

Accumulated depreciation-equipment $66

Accounts payable                                   910

Unearned rent revenue                         136

Common stock                                      246

Retained earnings                              6800

Service revenue                                    382

Interest revenue                                     76

Salaries and wages expense 170

Insurance expense                  98

Totals                                $9,348   $8,616

b) The totals show that the trial balance is not in balance.  This may be as a result of errors of omissions, commissions, transposition, etc.

8 0
3 years ago
If the tax were removed, pizza eaters and sellers would be better off, but the government would lose tax revenue. Suppose that c
Lisa [10]

Answer: True

Explanation:

8 0
4 years ago
15) Hallowell Inc. has free cash flow of $2.5 million and 1.25 million shares outstanding. If you believe the price to cash flow
lisov135 [29]

Answer:

The highest price for the stock is  $22.00

Explanation:

Hallowell Inc has a free cash flow of $2.5 million and 1.25 million shares.

The cash flow ratio for the company is 11.

Solution:

For one stock the cash flow ratio is 11.

Then the highest price we should pay is $22.00.

So we should pay $22.00 for one stock.

Therefore the highest price we should pay for the stock is $22.00          

6 0
3 years ago
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