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vichka [17]
3 years ago
5

Elasticity measures the behavioral response of economic agents in a given situation.

Business
1 answer:
aev [14]3 years ago
6 0

Answer:

The correct answer is letter "A": If a business raises it prices, will that have a large or small on demand?

Explanation:

Elasticity is a measure of a variables' reaction to a change in another variable. <em>It can describe the extent to which the supply or demand for a good or service changes with the price of goods or consumer income</em>. When an item has many possible substitutes, its demand will be more elastic.

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Why is it important for organizations and their managers to pay close attention to fair employment practices?
klio [65]

Answer:

Organizations and managers should pay close attention to fair employment practice so as to reduce the level of incompetent staffs at work.

Explanation:

4 0
3 years ago
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MaltHanks Inc., a leading American firm, starts its operations in China. It incurs a lot of additional costs in comparison to th
asambeis [7]

Answer: Liability of foreignness

Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.

In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.

Thus, from the above we can conclude that Malt hanks faced liability of foreignness.

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2 years ago
The chapter opener noted that in​ mid-2016 you could earn an interest rate of​ 0.25% by buying a​ 3-month Treasury bill or an in
ruslelena [56]

Answer:

The correct option is D,the markets for bonds of different maturities are separate or segmented

Explanation:

Market segmentation theory is of the view that market for short-term and long-term bonds are segmented from each other,wherein investors with different preferences investing in different markets.

Banks for instance are short-term position takers due to their preference for liquidity and would favor investing short-term instruments like the 3-month Treasury bill such that at every point in time, there is enough cash liquidity to meet customers' request for withdrawal of funds.

On the flip side, pension fund administrators take a long-term position on investment, hence would prefer the 30-year Treasury bill since their payment of retirement benefits is usually a low portion of their total contributions received from contributors to their pension funds.

5 0
3 years ago
Businesses using the allowance method for the recognition of uncollectible accounts expense commonly experience four accounting
olchik [2.2K]

Answer:

(1) Recognition of revenue on account.

The accounting record a sale as usual.

(2) Collection of cash from accounts receivable.

The accounting records the accrued revenues as usual.

(3) Recognition of uncollectible accounts expense through a year-end adjusting entry.

Based on experience or other actors, the company considers a portion of their sales revenecue (or assets i nthe balance heet) to be ficticional.

(4) Write-off of uncollectible accounts.

The accouning simply decrease the acc receivalues and then, it proceeds with the credited agains the allowance.

Explanation:

5 0
3 years ago
Determine whether the data described below are qualitative or quantitative and explain why. the times of birth of babies born at
Ilya [14]
A. the data are quantitative because they consist of counts or measurements.
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