It should be noted that when demand for a product is unit elastic and one would expect sales to equal: 5 units.
<h3>What is elastic demand?</h3>
An elastic demand can be regarded as the demand whereby change in quantity demanded due to a change in price is large.
An inelastic demand entails change in quantity demanded due to a change in price is small.
Learn more about elastic demand at;
brainly.com/question/24384825
Answer:
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Explanation:
Balanced sheet
A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Explanation:
the activity or profession of producing advertisements for commercial products or services.
plz mark it as brainliest
Answer:
Approval and the declaration by the board of directors
Explanation:
The three key requirement for a company to pay dividends are adequate retained earnings , adequate cash and the declaration and approval of the board of directors.
Looking at the provided information for Tesla incorporation ,what is missing is the Approval of the board through declaration of payment.
It was still an intention , so the declaration is still necessary for payment. Other conditions like adequate cash balance and retained earning are are already met
