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arsen [322]
3 years ago
14

When small changes in price lead to infinite changes in quantity demanded, demand is perfectly

Business
1 answer:
aleksley [76]3 years ago
6 0

Answer:

correct answer is Option D

Explanation:

Option D - elastic, and the demand curve will be horizontal.

The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer

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Is a private switch that accepts and interprets both analog and digital voice signals?
morpeh [17]
<span>IP-PBX Internet Protocol Private Branch Exchange is a system used to allow switching between Voip and local landlines while maintaining open lines on each phone. An IP-BPX system can switch between VoIP and landline calls or between 2 landline calls. </span>
3 0
3 years ago
Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $250,000 and variable
Dmitry_Shevchenko [17]

Answer:

40,000 kits

Explanation:

The computation is shown below:

Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit

where,

Total contribution margin required is

= Total fixed cost + operating income

= $250,000 + $90,000

= $340,000

And, the

Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit

= $11.50 - $3

= $8.50

So, the number of kits required is

= $340,000 ÷ $8.50

= 40,000 kits

8 0
3 years ago
Managing Financial Information<br> Project: Analyzing Consumer Protections Active
3241004551 [841]

Answer:

you want me to do a whole project?!

Explanation:

5 0
3 years ago
Read 2 more answers
Flesch corporation produces and sells two products. in the most recent month, product c90b had sales of $26,100 and variable exp
julia-pushkina [17]

Flesch Corporation produces and sells two products, in case if there is any shift in the sales from product Y45E to C90B, then the breakeven will also decrease, since the contribution margin for Product C90B is less than the Product Y45E.

Contribution Margin: Total Contribution ÷ Total Sales

Product C90B:

=(26100-9135) ÷ 26100

= 35%

Product Y45E:

= (33540-15093) ÷ 33540

= 45%

Since the contribution margin of Product C90B < Product Y45E, the breakeven will decrease.

5 0
3 years ago
This information relates to Sunland Company for the year 2017. Retained earnings, January 1, 2017 $83,080 Advertising expense 2,
babymother [125]

Answer:

Net Income : $16.616

Retained Earnings: $92.256

Please see details below:

Explanation:

Income Statement 2017

Sales  $71.920  

Advertising Expenses -$2.232  

Miscellaneous Expenses -$50.096  

Utilities Expenses -$2.976  

Net Income $16.616  

Retained Earnings Report  

Opening retained earnings $ 83.080

Add: Net Income $ 16.616

Subtotal $ 99.696

Less: Dividens -$ 7.440

Total $ 92.256

8 0
3 years ago
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