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lions [1.4K]
3 years ago
5

Fill in the blanks with given options:

Business
1 answer:
labwork [276]3 years ago
4 0

Answer:

1. fall

2. Larger

3. more

Explanation:

The price elasticity is relative measure of change in demand. When the demand of heating oil decreases due to increase in price then the heating oil is considered as price elastic. The elasticity of heating oil is 0.2 in the short run and 0.7 in the long run which means customers respond less in change of demand in short run due to change in price. When the price of heating oil increases, the demand will fall in the short run.

In the short run customers may not find time to respond to the change in price. The change in demand in short run is smaller and change in demand in Long run will be larger.  

The price elasticity of heating oil is more in long run because customer may find alternate sources at a cheaper rate and may switch to it causing a greater fall in demand of heating oil.  

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Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $45,000. Budgeted cash receipts total
Morgarella [4.7K]

Answer:

The company needs to borrow $10,000

Explanation:

First, let us state the information given clearly:

Beginning cash balance = $45,000

total cash receipt = $129,000

total cash disbursement = $124,000

desired ending cash balance = $60,000

Next Let us calculate the net cash available after the period's transactions:

Net available cash from transactions = total receipt - total disbursements

= 129,000 - 124,000 = $5,000

Next we were told that the beginning balance = $45,000

This means that without borrowing ;

the net ending cash balance = Net available cash from transactions + beginning cash balance = 5,000 + 45,000 = $50,000

Finally, we are told that the desired ending cash balance = $60,000, and the amount of cash available = $50,000, therefore to meet up the target, the amount that needs to be borrowed is calculated thus:

desired ending cash = available cash + borrowed amount

60,000 = 50,000 + borrowed amount

∴ borrowed amount = 60,000 - 50,000 = $10,000

hence the company needs to borrow $10,000

3 0
3 years ago
What is a web browser?
Viefleur [7K]

A web browser is a software application for accessing information on the World Wide Web.

What are the main parts of a web browser

Answer: ...

Status Bar: ...

Address Bar: ...

What components are in each part

Motherboard. The motherboard is an important computer component because it's what everything else connects to! ...

Power Supply. True to its name, the power supply powers all other components of the machine. ...

Central Processing Unit

What does URL stand for?

the address of a World Wide Web page.

A home page is generally the main page a visitor navigating to a website from a web search engine will see, and it may also serve as a landing page to attract visitors.} The home page is used to facilitate navigation to other pages on the site by providing links to prioritized and recent articles and pages, and possibly a search box

6 0
3 years ago
A graph titled U S Unemployment Rate from 1961 to 2011 has Year on the x-axis, from 1961 to 2011, and Percentage unemployed on t
almond37 [142]

Answer: 1. Decreasing

               2. Increasing

Explanation: i guess on it my guy

5 0
3 years ago
Read 2 more answers
One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April
Reil [10]

Answer and Explanation:

The preparation of the production budget  and The total required production for the year is as follows

<u>                                                   One Device </u>

<u>                                                   Production budget</u>

<u>                                               For the first four months</u>

<u>Particulars        Jan             Feb             Mar            April              Year</u>

Expected

unit sales          500 units    800 units   450 units  550 units    

Add:

Ending

inventory          160 units     90 units      110 units   120 units

     ($800 × 20%)     ($450 × 20%)    ($550 × 20%)     ($600 × 20%)

Total

required units  660 units    890 units     560 units  670 units

Less:

Beginning

inventory         100 units      160 units     90 units       110 units

       ($500 × 20%)  ($800 × 20%)  ($450 × 20%)    ($550 × 20%)  

Required

production

units                 560 units     730 units     470 units     560 units     2,320 units

7 0
4 years ago
The military is a formal workplace in which workers _____. a. choose what they want to do each day b. have to follow a set sched
ExtremeBDS [4]
I do believe its B)have to follow a set schedule.

5 0
3 years ago
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