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Kruka [31]
4 years ago
12

Elasticity is the percentage change in quantity divided by the percentage change in _____.

Business
1 answer:
Snezhnost [94]4 years ago
6 0

Answer:

The price.

Explanation:

Elasticity is the percentage change in quantity divided by the percentage change in price.

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The marketing of products and services to companies, governments, or not-for-profit organizations for use in the creation of goo
tensa zangetsu [6.8K]

Answer:

B. business marketing

Explanation:

Business marketing -

It is the practice in the marketing by the company or by an individual , it enables to sell the services or goods to some other organisations or company that can resell them , which can be also be used by the company to create a new product or service or to re - sell it as it is , is known as business marketing .

Hence , from the question ,

The correct term according to the given information of the question is B. business marketing .  

8 0
4 years ago
The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000,
sveta [45]

Explanation:

The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:

Year 1 9,000 hours

Year 2 5,000 hours

Year 3 4,000 hours

Year 4 2,000 hours

7 0
2 years ago
The model of competitive markets relies on these three core assumptions: 1. There must be many buyers and sellers—a few players
Maksim231197 [3]

Answer:

  1. <u>The government has granted the U.S. Postal Service the exclusive right to deliver mail. </u>It is not a competitive market. This situation implies that there is a unique seller, which violates the first assumption made (many buyers and sellers), and because of it the U.S Postal Service is not price taking (it can influence on prices).
  2. <u>There are hundreds of high school students in need of algebra tutoring services in Miami. Dozens of companies offer tutoring services, and the parents who seek out tutors view the quality of the tutoring at the different companies to be largely the same</u>. It is a competitive market. There are many sellers and many buyers (students' parents) which in practice implies that all of them are price takers. The quality of classes is the same for all companies which implies that the product is homogeneous (identical product), and if tutoring companies can entry or leave the market freely if when convenient (because there is not a law that prohibits entry for example, and if there is more profitable for them they just can go to work to others states of the country), <u>all conditions are fulfilled</u>.
  3. <u>A few major airlines account for the vast majority of air travel. Consumers view all airlines as providing basically the same service and will shop around for the lowest price.</u> It is not a competitive market. There are many buyers, but not many sellers, wich implies that companies can collude (agree on higher prices for example). Because of the magnitude of investment related to airline industries, resources are not fully mobile: it is expensive to enter and to exit this market, and that generates a natural barrier to the third principle anounced in the statement.
  4. <u>There are hundreds of colleges that serve millions of students each year. The colleges vary by location, size, and educational quality, which enables students with diverse preferences to find schools that match their needs. </u>It is not a competitive market. The product that is commercialized is not identical (education varies by location, size, quality, etc), which means that the service is not homogeneous, therefore, one of the conditions needed is not accomplished.

6 0
3 years ago
Assume you're using a three button mouse to access a short cut, you would
LenKa [72]
I believe its the right sided button. 

The middle button would be to scroll and the left would be to select something. 

5 0
3 years ago
A company's Inventory balance at the end of the year was $188,000 and $200,000 at the beginning of the year. Its Accounts Payabl
Aloiza [94]

Answer:

$704,000

Explanation:

As we know that

Costs of goods sold = Beginning inventory + purchase made - ending inventory

$720,000 = $200,000 + purchase made - $188,000

So, the purchase would be

= $708,000

Now the cash payment would be

= Beginning balance of accounts payable + purchase - ending balance of accounts payable

= $80,000 + $708,000 - $84,000

= $704,000

7 0
4 years ago
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