Answer:
b. inelastic
c. Yes - it decreased
Explanation:
Elasticitiy of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
= -2/4 = -0.5
The absolute value is 0.5
If the absolute value of the coffiecnet of elasticity of demand is less than one, demand is inelastic.
Demand is inelastic if a change in price has no effect on quantity demanded .
We can tell that the quantity demanded fell because of the negative sign in front of the percentage change in quantity demanded.
I hope my answer helps you
Answer:
Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.
Answer:
Account Balance sheet classification
a. Accounts payable Current liabilities
b. Accounts receivable Current Assets
c. Accumulated depreciation Property,plant and equipment
d. Buildings Property,plant and equipment
e. Cash Current Asset
f. Goodwill Intangible Asset
g. Income taxes payable Current liabilities
h. Investment in long-term bonds Long term investment
i. Land Property,plant and equipment
j. Inventory Current Assets
k. Patent Intangible Asset
l. Supplies Current Assets
I know the answer is but b and d because they have the key words savings and with credit you pay lower to so the answer should be A
Answer:
option (b) $76,642
Explanation:
Data provided in the question:
Cash dividends declared = $83,126
Cash dividends payable at the beginning of the year = $9,151
Cash dividends payable at the end of the year = $15,635
Now,
Cash payment of dividends
= Cash dividends declared + Beginning cash dividends payable - Ending cash dividends payable
= $83,126 + $9,151 - $15,635
= $76,642
Hence,
the answer is option (b) $76,642
