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yulyashka [42]
4 years ago
6

At $6 per steak, consumers are willing to buy two steaks. At a price of $2, consumers are willing to buy six steaks. The elastic

ity of the market demand curve between P = $6 and P = $2 (dropping all minus signs) is____________.
Business
1 answer:
Elza [17]4 years ago
4 0

Answer:

The elasticity of the market demand curve between P = $6 and P = $2 (dropping all minus signs) is 1.

Explanation:

Elasticity of demand = [(6 - 2)/(6 + 2)/2]/[(2 - 6)/(2 + 6)/2]

                                  = 1

Therefore, The elasticity of the market demand curve between P = $6 and P = $2 (dropping all minus signs) is 1.

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Deitz Corporation is projecting a cash balance of $33,300 in its December 31, 2019, balance sheet. Deitz’s schedule of expected
Kisachek [45]

Answer:

Deitz Corporation

Cash Budget

For the Quarter ended March 31, 2020:

Beginning balance                              $33,300

Cash Collections From Customers   205,350

Sale of Equipment                                   3,330

Total available cash                          $241,980

Cash Payments:

Direct materials               $47,730

Direct labor                        77,700

Manufacturing overhead  38,850

Selling & Administrative   49,950

Purchase of Securities      15,540  $(229,770)

Ending Balance                                   $12,210

Minimum Balance                                27,750

Shortfall                                              $15,540

Explanation:

Deitz Corporation uses this Cash Budget which it has prepared to understand its financial needs for the next quarter.  For example, with the minimum balance of $27,750 most likely based on past experience the corporation will start making arrangements for some outside funds to the tune of $15,540 or more to meet its cash needs for the first quarter.

7 0
4 years ago
The government regulates financial markets for two main reasons: A. to ensure that financial intermediaries do not earn more tha
Keith_Richards [23]

Answer:

C. to improve control of monetary policy and to increase the information available to investors.

Explanation:

  • The government regulates the financial markets for the investor as they ate fully informed and are free from the manipulation and thus the financial markets are made strong by the government and more stable for work.
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3 years ago
An ____________________ makes you distinctive, helping you differentiate yourself from rivals.
zloy xaker [14]

An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.

<h3>What is Order winners?</h3>

Order winners can be defined as the process that make  standard out or unique making more customers to be attracted to your product.

Customers tend to often look at price ,product quality before determining whether the buy a product or not, based on the order winner gives you competitive advantages as it drawn customers to your product.

Therefore An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.

Learn more about order winners here:brainly.com/question/14755245

#SPJ1

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2 years ago
Which of these is an example of a good with elastic supply?
DerKrebs [107]

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

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4 years ago
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Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in value
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