1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
statuscvo [17]
3 years ago
14

The price elasticity of demand for widgets has a value of zero.of zero. nothing this demand curve would be best described as

Business
1 answer:
Fantom [35]3 years ago
8 0
Perfectly inelastic

Price elasticity of demand is a measure which relates the change in the quantity of demand for a particular good, product or service, to changes in its price. 
<span>
A price elasticity of zero means that the demand is perfectly inelastic, indicating that the demand for the good, product, or service is totally independent of the price. Regardless of price changes, the demand for the consumers of said goods, products, or services, do not change. </span>
You might be interested in
The number one reason risk pooling is valuable to the insurance industry is... A. It allows companies to charge the same premium
kolbaska11 [484]

The reason for risk pooling which is beneficial for the insurance industry is best described as it brings together many individuals' premiums so that there is money to cover a selected few losses.

Option B is the correct answer.

<h3>Who is a policyholder?</h3>

The policyholder is an individual who takes an insurance policy from an insurance company. He pays insurance premiums against their respective policies.

The insurance contract is an agreement between the individuals and insurance company to indemnify them at the happening of the specified event and individuals also agreed to pay the insurance premiums on time. The risk pooling allows the insurance company to get insured many people against a small amount of money called an insurance premium.

Therefore, risk pooling is valuable for the insurance company in respect of the insurance policies.

Learn more about the insurance in the related link;

brainly.com/question/14969988

#SPJ1

7 0
2 years ago
An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The pur
____ [38]

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

6 0
3 years ago
The company budgeted for production of 2,400 units in June, but actual production was 2,500 units. The company used 19,850 pound
horsena [70]

Answer:

d. $40 F

Explanation:

Calculation to determine what The variable overhead efficiency variance for June is

First step is to calculate the SH

SH = 2,500 units × 0.4 hour per unit

SH= 1,000 hours

Now let calculate the Variable overhead efficiency variance

Using this formula

Variable overhead efficiency variance = (AH - SH) × SR

Let plug in the formula

Variable overhead efficiency variance= (980 hours - 1,000 hours) × $2 per hour= (-20 hours) × $2 per hour

Variable overhead efficiency variance= $40 F

Therefore Variable overhead efficiency variance is $40 F

8 0
3 years ago
In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress: Multiple Choice pass
kumpel [21]

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress formed the FDIC.

<h3>What is the FDIC?</h3>

The Federal Deposit  Insurance Corporation (FDIC) was formed by th Congress after the stock market crash of 1929.Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers.

To learn more about the federal deposit insurance corporation, please check: brainly.com/question/827771

#SPJ1

6 0
1 year ago
Whenever Madelyn thinks about being a veterinarian, she experiences a positive, enthusiastic feeling. Because her feeling isn’t
dmitriy555 [2]

Answer:

The correct option is <u>C. intuition</u>

Explanation:

Intuition can be described as a quality in which a person thinks of something to be right due to his/her instinctive feeling. There is no logical reason for that thing to be right but still, a person understands or believes it to be true. For example, in the above question, Madelyn does not have any conscious reasoning for her being a veterinarian yet it just feels right to her. Hence, this is her intuition.

3 0
3 years ago
Read 2 more answers
Other questions:
  • How would age determine which investment strategies you would choose?
    7·2 answers
  • The balance sheet of Cattleman's Steakhouse shows assets of $86,800 and liabilities of $15,300. The fair value of the assets is
    9·1 answer
  • ____ are procedures used to verify the truthfulness and accuracy of information that applicants provide about themselves and to
    7·1 answer
  • 5. While interest rate actions by the Federal Reserve captures most headlines, what is the most common method for the Federal Re
    9·1 answer
  • Though the trade and sale of slaves continued to be legal inside the United States until the Civil War, the "slave trade"—that i
    14·1 answer
  • If the price elasticity of supply is 0.75, then when the price of Good Y falls by 10 percent, the quantity supplied of Good Y:__
    15·1 answer
  • Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
    10·1 answer
  • How to develop abusiness mindset​
    15·1 answer
  • To promote their greener practices, nearly 60 private-sector companies have partnered with the ________, which seeks to reduce t
    14·1 answer
  • The easiest way to break password security on a windows 2000 or later machine is to use a ____ program which can set the adminis
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!