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
worty [1.4K]
3 years ago
10

What is price elastic of supply

Business
1 answer:
Reika [66]3 years ago
4 0
The price elasticity of supply is a measure used in economics to show the responsiveness, or elasticity, of the quantity supplied of a good or service to a change in its price.
You might be interested in
EXPLAIN THESE CHARACTERISTICS OF AN ENTREPRENEUR
nlexa [21]

Answer:

Explanation:

Creative-needs to come up with new ideas.

Innovative-needs to be advanced and original.

Flexible-Flexibility on the part of a worker could be to adjust the hours they work—coming in early, staying late, or working on an off day—to accommodate the needs of the company.

Goal-orientated-needs to do everything to meet their goal.

Persevering-needs to never give up even when its hard.

Please give me brainliest answer!!!

6 0
3 years ago
ABC Mart received a $20 freight bill for merchandise it purchased with freight terms of FOB shipping point. ABC Mart uses a perp
sukhopar [10]

Explanation:

The journal entry is as follows:

Merchandise inventory Dr $20

          To Cash $20

(Being the freight charges is paid)

In the case of the perpetual inventory system, we use the merchandised inventory for freight charges so we debited the merchandise inventory and credited the cash account. Both the accounts are recorded for $20

4 0
3 years ago
A chemical company that produces fertilizer for farms is partnering with an eco-friendly products group to brand an animal-frien
rodikova [14]

Explanation:

Sorry this is not showing in Google also iam sorry Bro

4 0
3 years ago
On Joe Martin’s graduation from college, Joe’s uncle promised him a gift of $12,000 in cash or $900 every quarter for the next 4
iris [78.8K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Option 1:

$12,000 cash now

Option 2:

$900 every quarter for 4 years.

Interest rate= 8% compounded quarterly

We need to determine the present value of option 2.

First, we need to calculate the future value of the investment. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= cash flow= 900

n= 4*4= 16

i= 0.08/4= 0.02

FV= {900*[(1.02^16)-1]} / 0.02

FV= $16,775.36

Now, we determine the present value:

PV= FV/(1+i)^n

PV= 16,775.36/(1.02^16)

PV= $12,219.94

It is more profitable to accept option 2. It provides the highest present value.

4 0
3 years ago
Typing with capital letters and exclamation points is an email is an example of
jeka94

Answer:

Probably poor etiquette.

Explanation:

If you give me answer choices I may be able to help even more. But as far as I know typing with all caps and exclamation points in an email is not the proper thing to do.

5 0
2 years ago
Read 2 more answers
Other questions:
  • What are the most important reasons why eCommerce has seen explosive growth in recent years? In your opinion, will this growth i
    8·1 answer
  • Requirements for Negotiability.1. Be in writing:2. Be signed by the maker or the drawer:3. Be an unconditional promise or order
    15·1 answer
  • How many airports are privatised in USA?
    14·1 answer
  • What is a private club tabc
    11·2 answers
  • Clipper Company sells two types of nail clippers. One focuses on the economy oriented customer and the other aims to satisfy the
    11·1 answer
  • One benefit of learning a trade versus earning a four-year degree is (A. A wider range of career advancement for opportunities (
    7·1 answer
  • There are more than two types of bachelors’ degrees<br><br> true or false?
    9·1 answer
  • At December 31, ABC reported accounts receivable of $272,000 and an allowance for uncollectible accounts of $1,350 (credit) befo
    8·1 answer
  • The supply and demand curves reflect the availability and cost of a new gaming system. If the gaming system market is currently
    11·2 answers
  • After all assets are sold and liabilities are settled, the partnership of Bina and Niren is liquidated. Capital balances are $30
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!