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iogann1982 [59]
2 years ago
7

Shana continues to buy a necessary medicine even though prices for the medicine rise sharply. Shana's behavior shows howa. the p

assage of time affects elasticityb. the law of demand eliminates elasticityc. luxury goods are not subject to elasticityd. demand for necessities is inelastic
Business
1 answer:
Pavlova-9 [17]2 years ago
6 0

Answer:

The correct answer is d. Demand for necessities is inelastic.

Explanation:

The price elasticity of demand is measured by the percentual change in quantity of a good divided by the percentual change in the price of the same good. Mathematically:

ε = \frac{dQ/Q}{dP/P}

Where ε represents the price elasticity of demand, Q represents the quantity demanded of a good, P represents the price of the good, dQ represents the variation of the quantity demanded of that good and dP represents the variation of the price of the good.

When the quantity of a good changes less than proportionally than the change in price of the good, it means that the elasticity is <em>inelastic</em>.

Mathematically:

\frac{dQ}{Q} < \frac{dP}{P} ⇒ ε < 1

We can conclude that even though the price of Shana's medicine rises sharply, the fact that she continues to buy it shows no variation in the quantity demanded, therefore the demand for necessities is inelastic.

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a company has a retained earning statement that shows that it did not pay a dividend to shareholders last year. this may lead a
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According to a company's retained earning statement, it did not distribute a dividend to shareholders last year. A potential investor might draw the conclusion from this that management might be concentrating on a growth strategy.

<h3>Enlist the types of dividend.</h3>

In general, a dividend is viewed as a cash payment made to the owners of firm stock.

  • Of all the dividend forms, cash dividends are by far the most prevalent. The board of directors decides to pay a certain dividend amount in cash to shareholders who held the company's stock on the day of declaration.
  • A stock dividend is the free distribution of common shares by a firm to its common shareholders.
  • Scrip dividends, which are effectively promissory notes (which may or may not include interest) to pay shareholders at a future date, are sometimes issued by companies that may not have enough cash on hand to pay dividends in the near future. A note payable is created by this dividend.
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4 0
1 year ago
Data from a scientific investigation should be presented in what format?
katen-ka-za [31]
I depends on the type of data some have their own data sheet and some must be made but I would use a graph or a c&e sheet
6 0
3 years ago
Select the items that are jobs of the Federal Reserve. YOU CAN PICK MORE THAN ONE!
leonid [27]

Answer:

manage risk in the financial markets

watch banks and protect customers

provide banking services

Influence the money supply

Explanation:

The Fed tries to manage risk in the financial markets. For example, the Federal Reserve would be concerned that the effects of the failure of one financial institution, such as a big bank, might spread to other banks.

The Fed watches over banks and tries to protect banking customers. For example, the Federal Reserve enforces the Truth in Lending Act, which protects people who use credit cards or borrow money to pay an expense, also known as using credit, from deceptive practices.

The Fed offers banking services, such as loans, to other banks, the U.S. government, and other countries.

Maybe most important, the Fed influences the growth of the money supply. The money supply is the amount of money that is flowing through the economy.

7 0
2 years ago
An advertiser is using a global sitewide tag. Where does the advertiser add a phone snippet on a website to use Google forwardin
OLEGan [10]

Answer:

The question is incomplete. below is the correct question below:

'An advertiser is using a global sitewide tag. Where does the advertiser add a phone snippet on a website to use Google forwarding numbers in a Google Ads campaign?

(A)Between the tags of a web page, below the global site tag.

(B)Between the tags of a web page, right after the global site tag.

(C)Between the <\head> section, and requires no global site tag installation.

(D)Between the tags of a web page, right after the global site tag.

<em>The correct answer is (B) Between the tags of a web page, right after the global site tag. </em>

<em />

Explanation:

An advertiser using a sitewide, will add a phone snippet on a website to use Google forwarding numbers in a Google Ads campaign, between the tags of a web page, right after the global site tag.

7 0
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Sliva [168]
Pretty sure your answer is
<span>B. Profit margin</span>
7 0
3 years ago
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