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
viktelen [127]
3 years ago
9

A. how much would the firm’s revenue change if it lowered price from $12 to $10? is demand elastic or inelastic in this range?

Business
1 answer:
Alekssandra [29.7K]3 years ago
8 0
Its InElastic Because It Lowered Hope It Helped :)
You might be interested in
Supply - supply curve - and supply schedule are:Multiple choice question.all the same.three different ways of expressing informa
Tanzania [10]

Supply, the supply curve, and the supply schedule are three different ways of expressing information about the supply of a good - service - or resource

<h3>What are ways of expressing supply?</h3>

When we speak of supply, we refer to the quantity of goods and services that producers give to the market for sale.

The supply curve then shows the different prices and quantities that these goods would be sold in while the supply schedule does the same but in a non-graphical format.

Find out more on the supply schedule at brainly.com/question/2094262.

#SPJ1

6 0
2 years ago
Why does a price floor lead to surpluses?  Why does a price ceiling lead to shortages?  ​
Degger [83]

Answer:

Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.

Your pretty much short in supply and cant fulfill the demand

While surplus

When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.

Theirs a a large amount of supply due to the pricing most likely beign high

Explanation:

7 0
3 years ago
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.
viva [34]

A bond resolution is a legal document that specifies the rights of the issuer and the bondholder, the two parties to the bond contract, and allows the issuance and sale of bonds.

<h3>Who is a bondbondholder?</h3>

An investor or the owner of debt instruments, which are frequently issued by corporations and governments, is known as a bondholder. In essence, bondholders are lending money to the bond issuers. Bond holders receive their principal investment back when the bonds mature in exchange.

To learn more refer ;

brainly.com/question/15693067

#SPJ9

6 0
2 years ago
You learned in the lesson how the stock market influences the economy. Do you have to own stocks to be impacted personally by th
lawyer [7]
No stocks can affect any business in which you may shop at. not owning any stocks could affect you by price changes in the business
8 0
3 years ago
An aircraft manufacturer with a strong presence in the United States, is looking to expand its market overseas. The firm current
charle [14.2K]
The economic uncertainty in the U.S. market and the customers' preferences.
6 0
3 years ago
Other questions:
  • During the current year, Martinez Company disposed of two different assets. On January 1, prior to their disposal, the accounts
    13·1 answer
  • Consider an island country called Arcadia. Assume that the aggregate price level is constant, the interest rate is fixed, and th
    10·1 answer
  • If this economy devotes one-half of its available resources to the production of blankets and the other half to the production o
    6·1 answer
  • Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The accounting cycle for Kelly Consulting for Ap
    6·1 answer
  • Demonstrate an understanding of the Five Forces Model by choosing an organization or product - then by answering the questions,
    5·1 answer
  • Which of the following should be considered last when searching for financing? Question 7 options: Family members Banks Commerci
    7·2 answers
  • Suppose that demand for a good increases and, at the same time, supply of the good decreases. what would happen in the market fo
    14·1 answer
  • Do u think he is cute??? if so thennn.. ikrrrr he is so fineee.. but anyways just follow him on tik. t0 k
    7·2 answers
  • What is innovation? (Media Literacy)
    7·1 answer
  • The following transactions occurred during July:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!