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vesna_86 [32]
4 years ago
15

If the price of gasoline is relatively high for a long time, consumers are more likely to buy fuel-efficient cars or switch to a

lternatives like public transportation. Therefore, the demand for gasoline is_____________.
Business
1 answer:
MissTica4 years ago
6 0

Answer:

More elastic

Explanation:

The options to this question wasn't provided. The full question can be found here: https://www.chegg.com/homework-help/questions-and-answers/price-gasoline-relatively-high-long-time-consumers-likely-buy-fuel-efficient-cars-switch-a-q14245431

The elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price has a greater effect on the quantity demanded.

In the above question, a rise in price of gasoline would lead to a decrease in its demand, this indicates that the demand for gasoline is elastic.

I hope my answer helps you.

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The kitchen manager at an Italian restaurant is deciding what assignments he should give to his two cooks, John and David. John
Gemiola [76]

Answer:

The answer is: David should make pizza and John should make pasta.

Explanation:

John is more efficient at producing both pizza and pasta, but considering he can only make one at a time we calculate David´s productivity compared to John´s.

David is 80% as productive as John in making pizza, and only 75% as productive in making pasta.

David should be in charge of making pizza because his productivity is closest to John´s.

7 0
3 years ago
Explain two factors have affected the organisation of the businesses functional activities
Romashka [77]

Answer:

The two factors that affect the organization of businesses functional activities are ;

Strategy

Technology

Environment

Explanation:

Strategy determines the approach or the course of action to direct the activities of the organization of businesses. Strategy is the innovation room where new approach to solving a problem is discovered and implemented.

Technology; the technology for manufacturing goods and services affect the organization of business functional activities.

4 0
3 years ago
When should an event programing be used
lozanna [386]

Answer:

The utilization of the given topic is summarized throughout the below section.

Explanation:

  • Event-driven programming language shall be used if the software doesn't somehow monitor the sequential order of such occurrence.
  • The software circulation or activity was mostly directly guided to an external mechanism like a consumer or client (e.g. a GUI), a whole other method (e.g. a customer or a server).
4 0
3 years ago
Incurring an expense for advertising on account would be recorded by:
Roman55 [17]

Complete Question:

Incurring an expense for advertising on account would be recorded by:

Group of answer choices

A) Debiting a liability account.

B) Crediting an asset account.

C) Debiting an expense account.

D) Debiting an asset account.

Answer:

C) Debiting an expense account.

Explanation:

Incurring an expense for advertising on account would be recorded by debiting an expense account.

This ultimately implies that, when a business firm incurs an expense such as on advertising its goods or services, the appropriate account on the balance sheet to record this will be to debit the advertising expense account and then credit the account payable.

5 0
3 years ago
Which industry accounts for about 80 percent of world trade?
storchak [24]

Explanation:

Shipping is the backbone of global trade, around 80% of world trade in goods is carried by the international shipping industry.

6 0
2 years ago
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