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marin [14]
3 years ago
11

Elasticity provides a guide to both responsiveness of:

Business
1 answer:
krok68 [10]3 years ago
3 0

Answer:

The correct answer is option a.

Explanation:

Price elasticity of demand measures the change in the quantity demanded of a commodity due to the change in its price.  

The change in quantity demanded and price level affects the total revenue as the total revenue is the product of price and quantity demanded.  

So when the price is elastic then a change in the price level will cause a greater change in quantity demanded and thus in revenue. Similarly, when demand is inelastic a change in the price level will cause a smaller change in quantity demanded and thus revenue.

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Suppose you have just​ retired, have accumulated many luxury goods over the​ years, still owe a mortgage on your​ home, still ha
Pavlova-9 [17]

Answer:

review your progress, reevaluate, and revise your plan

Explanation:

Based on the information provided within the question it can be said that in this scenario the step that you have completely neglected is to review your progress, reevaluate, and revise your plan. That is because in this scenario many events have occurred, and it seems that your financial plan after retirement has not been adjusted with each and every one of these life events. Therefore it is outdated and most likely not providing the benefits it once did.

3 0
3 years ago
The Nandina Corporation was formed and began operations on July 1, 2018, and incurred the following expenses during the year: St
Cerrena [4.2K]

Answer:

$110.00

Explanation:

Nandina Corporation

The amount of amortization expenses for 2018

State fees for incorporation $800

Legal and accounting fees incident to organization 1,500

Temporary directors’ fees 1,000

Total $3,300

Hence:

$3,300/180 months x 6 months

= $110.00

Therefore the amount of its amortization expense for 2018 will be $110.00

4 0
3 years ago
Click this link to view O*NET's Tasks section for Actors.
Whitepunk [10]

Answer:

They act out in movies

Explanation:

3 0
3 years ago
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The discovery of a large oil deposit off a nation's shores would be what type if economic variable?
Varvara68 [4.7K]
The discovery of oil off a nation's coast would be if it wasunexpected, a surprise economic variable and a very beneficial one at that as long as it happened before the present concerns about climate change and the use of fossil fuels plus concerns over oil spills in the ocean after the Gulf of Mexico major oil spill a few years ago.
6 0
3 years ago
Read 2 more answers
EB4.
Oxana [17]

Answer:

$100

Explanation:

The computation is shown below;

We know that

Cost of material used = Beginning balance of raw material inventory + purchase made during the month - ending balance of raw material inventory

$900 = Beginning balance of raw material inventory + $1,000 - $200

$900 = Beginning balance of raw material inventory + $800

So, the Beginning balance of raw material inventory would be

= $900 - $800

= $100

8 0
3 years ago
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