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gregori [183]
3 years ago
12

Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i

n a larger drop in prices for restaurant meals?
Business
1 answer:
Darina [25.2K]3 years ago
7 0

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is.  When demand is more elastic then a fall in price will be less when supply increases.

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The following computations were made from Clay Co.'s current-year-end books:Number of days' sales in inventory 61Number of days'
adelina 88 [10]

Answer: 94 DAYS

Explanation: The average time it takes for the business to complete the whole process of making initial cash outflow to produce goods and receiving cash from customers by selling those goods produced is called operating cycle of that business.

formula = number of days of inventory + number of days in accounts receivable

therefore,

operating cycle = 61 days + 33 days = 94 days

5 0
2 years ago
What is application software?
eduard
I believe it's (D) because, An application is any program, or group of programs, that is designed for the end user. Application software can be divided into two general classes: systems software and applications software. Applications software (also called end-user programs) include such things as database programs, word processors, Web browsers and spreadsheets.
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3 years ago
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Rasek [7]

R: Aggressive

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Aggressive development is a common store speculation target that looks for high capital increase potential among development stocks, which are loads of organizations that are required to develop at a rate quicker compared to the general financial exchange. Forceful putting implies putting more in high hazard resources than okay resources.  

<u>Development resources: </u>Growth resources are intended to develop your speculation. They incorporate speculations, for example, shares, elective ventures, and property. They will, in general, convey more elevated levels of hazard yet can possibly convey better yields over longer venture time allotments.

8 0
3 years ago
What is the difference between a bear market and a bull market​
leva [86]

Answer:

Explanation:

A bear market, refers to a stock market in which the stock and index prices are generally expected to fall, have been or are falling. In contrast, a bull market refers to a stock market where share or index prices are expected to rise, have been or are rising. These terms are figuratively derived from the two animals’ fighting tactics. A bull will charge forward and horns up thus a rise, while a bear will thrust its paws downwards, thus a decline.

3 0
2 years ago
An owner had a profit margin of 50,000 last year. She expects to recieve 1,168,000 from sponsorships this year with no additiona
FromTheMoon [43]
1168000 + 50000 = 1218000
1218000 will be his estimated profit margin for the upcoming year.


I hope it helped you!
7 0
3 years ago
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