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Afina-wow [57]
4 years ago
9

Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when

the supply changes. inelastic when the supply changes.
Business
2 answers:
Lesechka [4]4 years ago
8 0

Answer:

inelastic when the price changes.

Explanation:

Vsk_jay

densk [106]4 years ago
5 0

Answer:

inelastic when the price changes.

Explanation:

hope this helps! :)

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Thomas purchased 2,500 shares of EKK stock for $135,000 one year ago. The stock pays annual dividends of S.30 a share. Today, Th
Anastaziya [24]

Answer:

His return on investment is negative 8.7%

Explanation:

Thomas purchased 2,500 shares of EKK at $54 per share (=$135,000 / 2,500).

He received $750 (= $0.30 x 2,500) in annual dividends.

He sold his 2,500 shares at $49 per share = $122,500

The total amount of money he received from his investment is $122,500 + $7

50 = $123,250, then we divide that by $135,000 = 0.913 - 1 = -8.7%

8 0
4 years ago
Hofstede isolated four dimensions that he claimed characterized the cultures of different countries. Briefly describe each of hi
adoni [48]

<u>Solution and Explanation:</u>

<u>Hofstede's four dimensions are </u>

1)Power distance -It is the degree of inequality among the people of the country.

2)Individualism Vs Collectivism- This is the degree which shows how much people are willing to work as individuals and not as members of groups.

3)Uncertainty avoidance- This is the degree which shows how much people prefer structured and not unstructured situations.

4)Masculinity Vs Feminity-This shows the degree of existence of tough values like competition, success, assertiveness, performance over tender values like warm personal relation,taking care of weak,unity,quality of life etc.

It is necessary for managers to understand cultural differences because managers need to understand their employees better so that they can motivate and lead the employees.Due to cultural differences what managers take as granted may be different in different countries.Good example is Wal- mart's expansion in Mexico.Wal mart constructed large parking lot for the customers which surrounded the stand alone building.

This posed problem because many of the customers travelled by public buses to the store. So they had to walk a long way through parking lot. The culture in Mexico is different from US and people travelled by public transport.Later Wal mart had shuttle buses to carry people to and fro from the store.Cultural differences also mean deeply felt values ,customs which are not always easy to identify.

7 0
3 years ago
1. Why is running a Website typically lesa<br> expensive than running a storefront business?
WITCHER [35]

Answer:

storefront businesses mean electricity bills, water bills, employee payments, while a website you usually pay one fee and get paid.

3 0
3 years ago
20 pts
kap26 [50]

Answer:

D. Wrestling

Explanation:

The oldest sport in human history is wrestling.

Source: catawiki

"We know this because of a set of famous cave paintings in Lascaux, France, dating back 15,300 years ago which depict wrestlers. And it wasn't just in France either; paintings with illustrated wresters have been found in caves all over the world, from 7000 BC in Mongolia, from 6000 BC in Libya and in prehistoric caves in Japan."

8 0
2 years ago
the nominal rate of return is ___ earned by an investor in a bond that was purchased for $953, has an annual coupon of 4% and wa
Nataliya [291]

Answer: 9.86%

Explanation:

Nominal rate of return given the above values can be calculated as:

= (Price - Purchase price + Coupon payment) / Purchase price

= (1,007 - 953 + 40) / 953

= 9.86%

<em>Coupon = Coupon rate * face value of bond which should be $1,000</em>

<em>= 4% * 1,000</em>

<em>= $40</em>

3 0
3 years ago
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