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tatuchka [14]
3 years ago
11

True or False: If the demand for notebooks is perfectly inelastic, an increase in the supply of notebooks only lowers the price

of notebooks and does not affect the quantity produced and sold.
Business
1 answer:
blsea [12.9K]3 years ago
8 0

Answer:

True

Explanation:

It is similar to supply and demand principal. Hope I helped.

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Metode wat gebruik word om inligting te versamel<br>​
prisoha [69]

Answer:

what

Explanation:

I can't understand sorry

3 0
3 years ago
The type of layout where similar activities are grouped together in departments or work centers according to the function they p
Mama L [17]

Answer: process layout

Explanation:

Process layouts has to do with the grouping of resources based on their similarity in processes.

It is the type of layout where similar activities are grouped together in departments or work centers according to the function they perform.

5 0
4 years ago
Kelly and Tim Browne plan to refinance their mortgage to obtain a lower interest rate. The Browns will reduce their mortgage pay
shtirl [24]

Answer:

16.9 months

Explanation:

Recovery time = Refinancing cost / Monthly savings

= $2,500 / $148

= 16.9 months

6 0
3 years ago
The revenue recognition principle states that: Multiple Choice Revenue should be recognized in the period goods and services are
lidiya [134]

Answer:

Revenue should be recognized in the period goods and services are provided.

Explanation:

IFRS 15 requires revenue to be recognized when control of goods or services has been made to the customer. Control is when all the risks and benefits associated with the product or service has been transferred to the customer.

5 0
3 years ago
You are considering an investment that will pay you and your heirs $5,000 at the end of each year forever. The price of the inve
Dmitry [639]

Answer:

Fair price of the insurance policy is $62,500.

Explanation:

We have given that an investment that will pay you and your heirs $5000

So the annual cash flow = $5,000

It is given that you can earn 8 % annually on your money

Required rate of return = 8%

We have to find the fair price for the investment

Price of this annuity =\frac{5000}{0.08}=$62500

Fair price for the investment is $62,500.

8 0
3 years ago
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