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
Sladkaya [172]
3 years ago
11

RJ Custom Bike Manufacturing has determined that the demand for the products and services offered by them is less elastic. With

such an understanding of price elasticity, RJ Custom Bike Manufacturing should know that the less elastic the demand for their product is, the more advantageous it is for them to ________.
Business
1 answer:
Musya8 [376]3 years ago
8 0

Answer:

Raise the price.

Explanation:

An incremental cost is the difference in total costs as the result of a change in some activity. Incremental cost can said to be differential cost as they may be in-between two alternatives for a certain short-run.

You might be interested in
In the study of internal control, the auditor uses sampling to compare the __________ to the __________.
Arturiano [62]

In the study of internal control, the auditor uses sampling to compare the adjusted estimate of the deviation rate to the tolerable rate of deviation.

How Do Internal Controls Work?

A plan of structure, processes, and records that are concerned with the security of assets and the accuracy of financial records are together referred to as internal controls.

Fundamentals of Internal Control Systems

A firm's unique information requirements should be taken into account when designing an internal control system. As a result, the system might be anything from a straightforward manual system to a sophisticated computerized online system with remote terminals dispersed all over the nation. The accounting system must process data effectively, precisely, and promptly whether it is electronic or manual. An internal control system that has been carefully thought out is at the core of any well-designed accounting system.

Protecting the assets under management's control is one of their main duties.

to know more about  Internal Control Systems

brainly.com/question/26398073

#SPJ4

5 0
2 years ago
Select the correct answer
arlik [135]
It is B. passive income
5 0
3 years ago
Read 2 more answers
A stock paid $2.64 in dividends at the end of last year and is expected to pay a cash dividend
Sindrei [870]

Answer:

$117.26

Explanation:

Easy.

4 0
3 years ago
Read 2 more answers
A business rents bicycles and in-line skates. Bicycle rentals cost $25 per day, and in-line skate rentals cost $20 per day. The
Alja [10]

Answer:

a.

25 b+20 s=455...equation 1

b+s=20...equation 2, where b and s are the number of bicycle and in-line skate rentals per day.

b. The business had 11 bicycle rentals and 9 in-line skate rentals.

Explanation:

a.

<em>Step 1: Determine an equation for total revenue today</em>

Since the business rents bicycles and in-line skates, the total revenue will be as a result of amount received in revenue from renting the bicycles and in-line skates. This can be expressed as shown;

T=(B×b)+(S×s)

where;

T=total revenue

B=bicycle rental cost per day

b=number of bicycles

S=in-line skate rental cost per day

s=number of in-line skates

In our case;

T=$455

B=$25 per day

b=unknown

S=$20 per day

s=unknown

Replacing;

(25×b)+(20×s)=455

25 b+20 s=455...equation 1

<em>Step 2: Determine an equation for total rentals today</em>

The equation for the total number of rentals is;

R=b+s

where;

R=total number of rentals today

b=number of bicycles

s=number of in-line skates

In our case;

R=20

b=unknown

s=unknown

Replacing;

b+s=20...equation 2

b.

<em>Step 3: Combine equation 1 and 2 ans solve simultaneously</em>

1(25 b+20 s=455), multiplying equation 1 by 1=25 b+20 s=455

     20(b+s=20), multiply equation 2 by 20=20 b+20 s=400

25 b+20 s=455

-

20 b+20 s=400

5 b+0 s=55

(5 b)/5=55/5=11

b=11, replace the value for b in equation 2 and solve;

(20×11)+20 s=400

220+20 s=400

20 s=400-220=180

20 s=180

s=(180/20)=9

The business had 11 bicycle rentals and 9 in-line skate rentals.

8 0
3 years ago
In making adjusting entries at the end of its accounting period, Chao Consulting mistakenly forgot to record: $4,100 of insuranc
dybincka [34]

Answer and Explanation:

In case when the initially $4,100 would be debited to the prepaid insurance account and there is $2,450 of accrued salaries expense

So, the financial statement for the same would be

= $4,100 + $2,450

= $6,550

The same amount i.e. $6,550 would be understated

In that case if these are not adjusted so the same would be understated

3 0
3 years ago
Other questions:
  • Sleep Master, Inc. manufactures bedding sets. The budgeted production is for 57,000 comforters in 2017. Each comforter requires
    11·1 answer
  • Riley Inc.'s charter authorizes 1,000 shares of stock at a stated value of $10 per share. Riley issues 50 shares of stock at its
    7·1 answer
  • Max Weber argued that formal organizations were efficient, but he cautioned that they can have harmful effects on people. As he
    8·1 answer
  • A limited liability company (LLC) will be taxed as a corporation unless it elects to be taxed as a partnership. True False
    9·1 answer
  • Emily works in the stockroom at a retail store for $10/hour on Saturdays. The store is within near walking distance of her home.
    6·1 answer
  • Select the pairing that is correctly matched. A. Preferred stock: may be purchased by converting common stock shares into prefer
    15·1 answer
  • Which of the following is the best example of a pure service?
    7·1 answer
  • RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
    8·1 answer
  • A mortgage is a document in which a lender reclaims a property due to lack of payment by the borrower.
    12·2 answers
  • When her company's component parts were delivered late for the second time in a month, Brigitte withheld payment from her suppli
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!