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olga_2 [115]
3 years ago
15

Unit Elastic is elasticity where a change in the independent variable (usually price) generates a proportional change of the dep

endent variable (quantity demanded or supplied).
Question 13 options:
True
False
Business
1 answer:
elixir [45]3 years ago
5 0

Answer:

The statement is true.

Explanation:

Unit elastic is described as the demand or supply curve that is perfectly responsive to the changes in the price. In other words, the demand or the quality supplied will change or vary in accordance with the same percentage as the change in price.

The curve which has elasticity of 1 will be called as unit elastic.

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4 years ago
At December 31​ year-end, Cushion Corporation has a $9,000 note receivable from a customer. Interest of 4​% has accrued for 10 m
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Answer:

The financial statement will report the note receivable of the amount of $9,000 and interest receivable of $300

Explanation:

Calculation for what Cushion's financial statements report for this situation at December​ 31

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8 0
3 years ago
The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p
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Answer:

D. Replacement cost.

Explanation:

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Given that

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Answer:

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