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lubasha [3.4K]
3 years ago
10

Which conclusion does this graph most support?

Business
1 answer:
ahrayia [7]3 years ago
5 0

Answer:

C. Product A has more elastic demand than product B.

Explanation:

The graph plotted above shows the quantity demanded for 2 products in relation to their prices.

Looking at the graph, we visually conclude that product A is more responsive to a change in price, compared to how responsive product B is to a change in price.

Invariably, a change in the price of commodity A causes a greater change in the quantity demanded, compared to a change in quantity demanded for product B, with almost the same change in price.

Option C is the answer.

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Brian is a truck driver who delivers products throughout Massachusetts. His friend Chris is a traffic planner for the same state
DiKsa [7]

Answer:

Assuming that you can only choose one answer, the most suitable one would be (A) Chris designs models to make traffic flow better, which enables Brian to get to his company’s warehouse faster.

Explanation:

This answer is correct because Chris is a traffic planner – thus he merely designs the traffic flow, he does not create it, thus making answer (D) incorrect. Though (B) is true, it doesn’t relate to Chris’ career, making it false as well. As for (C), the answer is not correct because Chris doesn’t design the maps of the state, he only designs the traffic flow.

6 0
2 years ago
Read 2 more answers
While inserting an array function the excel user must press
hichkok12 [17]

Control+Shift+Enter

Array functions in excel are powerful tools sometimes refereed to as "CSE" functions because you have to press Control+Shift+Enter in order to enter them in your worksheet.

6 0
3 years ago
Bonnie has decided to begin a retirement savings program where she will contribute to an account that will accumulate tax free t
ahrayia [7]

Answer:

This question is incomplete since the interest rate is not included and so is the requirement.  However, if it asking for the annual contributions Bonnie can make, you can calculate it as shown below and assuming a discount rate of 10%;

Explanation:

Since Bonnie's goal is $300,000, this will be the future value and you can use a financial calculator to solve for recurring deposits (PMT);

Time to retirement; N = 12

Interest rate; I/Y = 10%

Future value; FV = 300,000

One time present cashflow; PV = 0

then compute the recurring deposits; CPT PMT = 14,028.995

Therefore, she will need to contribute $14,029 every year to meet her goal.

8 0
2 years ago
A _______ is a long period of rising stock prices.
Alecsey [184]
A bull market is a long period of rising stock prices. Bull market is a part of financial market that is being invested for a long period of time and is expected to gain a higher rise in the price.
3 0
2 years ago
Read 2 more answers
In the context of managing inventories in supply chains,__________is the time between placement of an order and its receipt.
Ivan

Answer:

a. The lead time

Explanation:

The lead time is the time that shows the difference between the time at which the process gets started and the time at which the process get  finished. This can be reviewed in the manufacturing, supply chain management at the time when there is a prior processing, within processing and after processing

Therefore according to the given situation, the option a is correct

hence, all the other options are incorrect

=

3 0
3 years ago
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