Answer: Option A
Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.
If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.
However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.
Thus, the correct option is A.
The company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
<h3>What is CSR?</h3>
Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders.
Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community.
Hence, the company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
Learn more about CSR here : brainly.com/question/14624782
Answer:
D. The interest income will be greater in the third year than in the first year.
Answer:
Estimated average income is $5,400
Explanation:
Proposed investment = $60,000
Depreciation = Straight-line method
Useful life = 4 years
Expected total income yield = $21,600
To find average investment, we divide the income by the useful life of the investment.
Therefore, estimated average income = $21,600 ÷ 4 = $5,400
He would have to long 36 hours in order to match the salary
