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Dahasolnce [82]
3 years ago
12

The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons

iveness of quantity demanded to a change in price. C. responsiveness of price to a change in quantity demanded. D. responsiveness of quantity demanded to a change in income.
Business
1 answer:
pickupchik [31]3 years ago
6 0

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The price elasticity of demand determines the flexibility of the volume needed to adjust the price.

The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.

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Two reasons why people are hesitant to report corruption
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<span>Corruption is stealing of funds that are not supposedly owned by the stealer. In most cases, it mostly happening in institutions and organizations. People are hesitant to report corruption because (1) they would be ‘silenced’ (killed) by the person they are trying to expose or (2) they are part of the dirty job.</span>
7 0
2 years ago
If you are in a car accident caused by someone else who also has insurance, which type of insurance plan will not require you to
lord [1]
Answer would be Either A or B
4 0
2 years ago
Rich and Lucy were married for 52 years. Rich died on May 9, 2020. Lucy has no dependents, and she did not remarry. The correct
KATRIN_1 [288]

Based on the year that Rich died and the year that Lucy is filing her taxes, the most favorable filing status is <u>Married filing jointly. </u>

Current tax laws are such that if a person loses a spouse in a certain year and does not remarry in that year, they can file in a joint manner with their now late spouse.

Rich died in 2020 and Lucy did not remarry. Lucy's 2020 returns can therefore be filed as a joint filing with Rich even though he is no longer alive.

In conclusion, the correct answer is option A.

Find out more about joint filing at brainly.com/question/2433386.

4 0
2 years ago
Read 2 more answers
Kansas Enterprises purchased equipment for $81,000 on January 1, 2021. The equipment is expected to have a five-year service lif
MrRissso [65]

Answer:

Depreciation expense for 2021 will be $14700

Explanation:

The straight line method charges a constant depreciation expense each period throughout the useful life of the asset. The depreciation expense per period under the straight line method is calculated as follows,

Depreciation expense = (Cost - Residual value) / Useful life of the asset

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Depreciation expense = $14700

7 0
3 years ago
Mr . venter is always late for work and takes long brakes it that unproffesional or unethical?
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3 years ago
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