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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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Pearson Motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity
babunello [35]

Answer:

284%

Explanation:

You calculate it using the conversion method

8 0
3 years ago
Which of the following actions has NO impact on your credit score?
Romashka-Z-Leto [24]
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8 0
3 years ago
Never, Inc., earns book net income before tax of $500,000. In computing its book income, Never deducts $50,000 more in warranty
goldenfox [79]

Answer:

c.$10,500

Explanation:

The computation of the deferred income tax asset is shown below:

= Warranty expense for book purposes  × U.S tax rate

= $50,000 ×21%

= $10,500

For computing the deferred income tax asset reported, we simply multiply the warranty expense with the U.S tax rate.

Hence, we ignored the net income before tax as it is an irrelevant part which is given in the question

8 0
3 years ago
The Laramie Company operates a consulting practice. New clients are required to pay the firm in two transactions. First, clients
ch4aika [34]

Answer:E

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3 0
3 years ago
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7 0
3 years ago
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