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4 years ago

If the demand for gasoline becomes more elastic over time,

Business

1 answer:

sveticcg [70]4 years ago

4 0

Answer:

a. the demand curve will become flatter

Explanation:

<u>a. the demand curve will become flatter</u>

This means it will become more price sensitive and increases and decreases in the gasoline price will generate a greater increase or decrease in the quantity demanded over time.

<u>b and d without the precise formula for demand we can't be sure</u> that the new elasticity will impact the current equilibrium. It could happen or it could not.

c.- the demand curve will flatter, it will change it shape, not the location.

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4 years ago

the costs of carrying inventory include the costs of . (check all that apply.) multiple select question. delivering goods to cus

gogolik [260]

The costs of carrying inventory include the costs of .

theft
storage
spoilage
obsolescence

<h3>What is inventory carrying cost?</h3>

Inventory carrying cost can be defined those cost or expenses incurred by companies so as to store their products or goods in their warehouse.

Most companies tend to incur this type of cost because they will need to stock or keep inventory for a period of time and sometimes this store inventory are at risk of be stolen or damaged.

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Learn more about Inventory carrying cost here:brainly.com/question/18804059

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1 year ago