Answer:
The answer is: C) 2.5 and producers are very responsive to the price change.
Explanation:
The price elasticity of supply refers to what percentage does the quantity supplied change when the price of the good changes in 1%. It is calculated using the following formula:
- price elasticity = % change in quantity supplied / % change in price
Price elasticity of supply of tablets = 20% / 8% = 2.5
For every 1% that the price increases, the quantity supplied will increase by 2.5%.
Since PES > 1, the supply is very price elastic.
Answer:
Don Juan is sole business owner and his loss in excess to the minimum threshold amount is $250,000. So Don Juan may deduct the amount $350,000 in terms of loss.
If Don Juan does not deduct the loss this year, it would be carried forward to next fiscal statement
Explanation:
Part 1. The calculation is made as below
Excess of business loss ($600,000) – (other business income + Threshold amount ($250,000))
The minimum threshold amount is deductible from the Tax comes out to be $350,000
Part 2. The loss is reflected in next year’s tax statement as net operating loss and can be carried forward. So if Don Juan miss the loss deduction claim, he can do it next year.
The field of economics is so vast and broad that it is often classified into branches and one of which are the positive and normative economics. Positive economics usually refers to the process and methods of explaining a certain economic phenomenon in which it establishes common relationships among variables present.
Answer:
False
Explanation:
"Cash-to-cash Analysis and Management" by<em> Hutchinson, Farris and Anders</em> talks about the availability of the<em> financial data</em> and <em>computer technology</em> in assisting a business when it comes to determining its <u>cash-to-cash position </u><em><u>(C2C)</u></em><em>,</em> as well as the <em>benchmarks</em> needed for comparison.
Cash-to-cash analysis was difficult in the past, however, it is easier nowadays. The supply chain is even examined at a broader view than before. C2C efficiency is possible by utilizing the<em> readily available</em> financial date and computer technology. So, this makes the statement above as "false."
So, this explains the answer.
Answer:
buying a franchise of a well-established restaurant.
Explanation:
A franchise business model is a business arrangement where the owner or 'franchisor' sells the rights of a business to ' franchisee' who operates an independent outlet. The rights that a franchisee acquires include business name, logo, business and operating models. Examples of known franchises are MacDonald, subway, and Starbucks.
The biggest advantage Eduardo will gain by purchasing a franchise is that he will get instant access to a well-established brand name. Eduardo does not need to spend resources on creating a name, or products to introduce to customers. An established franchise will provide him with customers, a management model, and a chance to succeed.
