1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
You can purchase an item you need for a project for $10,000 and it has daily operating costs of $500, or you can lease the item
aleksandr82 [10.1K]

Answer:

On the 50th day, the purchase cost will be equal to the lease cost

Explanation:

Given that:

  • Daily operating costs of $500
  • Purchasing cost for the item:  $10,000
  • Lease amount: $700

Let x is the number of days the purchase cost be the same as the lease cost. As we now that:

The total cost should be equal to the total lease received

<=> 10,000 + 500x = 700x

<=> 200x = 10000

<=> x = 50

Hence, on the 50th day, the purchase cost will be equal to the lease cost

3 0
3 years ago
During the direst part of the Great Depression, approximately ______ percent of the nation's workers was unemployed.
vova2212 [387]
29.4 percent of workers
7 0
2 years ago
Assets liabilities + net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,00
Free_Kalibri [48]

the answer i got was 960000

Tell me if right

5 0
3 years ago
Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Deter
Digiron [165]

Date Activities Units Acquired at Cost Units Sold at Retail

May 1 Beginning Inventory 150 units at $10.00  

5 Purchase 220 units at $12.00  

10 Sales  140 units at $20.00

15 Purchase 100 units at $13.00  

24 Sales  90 units at $21.0

Answer:

Value of closing inventory =$1290

Explanation:

<em>Under the LIFO inventory system units of inventory are priced using the price of the most recent batch purchased and this continues in turn.</em>

The value of closing inventory = Total cost of inventory available for sales - cost of goods sold

<em>The cost of inventory sold would be determined as follows:</em>

140 units  :140 × $12=1,680

90 units : 90× $13 = 1,170

Total cost of goods = 1,680 + 1,170  = 2,850

<em>Total cost of inventory available for sales would be equal to :</em>

(150  × $10.00) +  (220  ×$12.00) = 4,140

The value of closing inventory = Total cost of inventory available for sales - cost of goods sold

4,140  - 2,850 = $1290

Value of closing inventory =$1290

7 0
2 years ago
Caddie Manufacturing has a target debt-equity ratio of .95. Its cost of equity is 11 percent, and its pretax cost of debt is 7 p
Zigmanuir [339]

Answer:

8.20%

Explanation:

Debt equity ratio = 0.95

or

Debt = 0.95 × equity

Cost of equity, ke = 11% or 0.11

Pretax cost of debt, kd = 7% or 0.07

Tax rate = 24% or 0.24

Therefore;

WACC = {Weight of equity × ke } + {Weight of debt × kd × (1-Tax rate)}

It is to be noted that ;

Weight of equity = Equity ÷ (Debt + Equity)

= Equity ÷ ( 0.95×Equity + Equity)

=1 ÷ 1.95

=0.513

Also,

Weight of debt = Debt ÷ ( Debt + Equity)

=0.95 × Equity ÷ ( 0.95 × Equity + Equity)

= 0.95 ÷ 1.95

=0.487

Hence,

WACC = {0.513 × 0.11} + {0.487 × 0.07 × (1-0.24)}

= {0.05643} + {0.03409 × 0.76}

= 0.0823384

or

0.0823384 × 100%

=8.23384

=8.20%

6 0
3 years ago
Other questions:
  • During the introduction stage of the product life cycle, a(n __________ pricing strategy may be used. this pricing strategy char
    7·1 answer
  • You own 180 shares of stock in Halestorm, Inc., that currently sells for $82.45 per share. The company has announced a dividend
    6·1 answer
  • Jane receives 16 cents for every unit produced. jane produces 3,512 pieces in a 43-hour workweek. for overtime, jane is paid a s
    7·1 answer
  • Which of the following is not an advantage of participative budgeting? a.It encourages budgetary slack. b.It tends to lead to a
    7·1 answer
  • "The Talley Corporation had taxable operating income of $345,000 (i.e., earnings from operating revenues minus all operating cos
    14·1 answer
  •   The brilliant colored ribs of Swiss chard can add excitement to your garnishes as a substitute for which of the following vege
    5·1 answer
  • Adonis Corporation issued 10-year, 7% bonds with a par value of $220,000. Interest is paid semiannually. The market rate on the
    11·1 answer
  • What can you say about entrepreneur?​
    15·2 answers
  • Which of the following is a characteristic of a certificate of deposit?
    15·1 answer
  • You own a portfolio that is 31 percent invested in Stock X, 46 percent in Stock Y, and 23 percent in Stock Z. The expected retur
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!