Answer:
(C) perfectly inelastic.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is perfectly inelastic if a change in price has no effect on quantity demanded. Quantity demanded remains unchanged no matter the change in price.
Water is assumed to be a necessity so demand would not change no matter the change in price.
Demand is inelastic when a change in price has little or no effect on quantity demanded.
Demand is elastic when a change in price has a greater effect on the quantity demanded.
Demand is unitary elastic when a change in price has an equal erfect on quantity demanded.
I hope my answer helps you
To Cross-sold means a sales tactic used to get a customer to spend more by purchasing a product that's related to what had been bought already. Read below about trade up.
<h3>What does it mean to be traded up?</h3>
To be traded up means to have added a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.
Therefore, the correct answer is as given above.
learn more about trading up: brainly.com/question/13760478
#SPJ11
<span>The statement that indicates Tina’s company is a partnership is the statement that is written in letter D. Which is he has a 30% share in Trisha's business. In a business partnership, it is essential for the businessmen to have financial shares. It is the answer for it clearly shows that there is a business partnership between the two.
</span>
Answer and Explanation:
Journal Entry would be:
Tax expense (plug) 30
Deferred tax liability [( 30% - 40%) x $ 60] 6
Taxes payable (40% x $90) 36
Answer and Explanation:
journal entry amount amount
cash A/c (500,000*$10) DR $5,000,000
common stock A/c (500,000*$1) $500,000
additional paid in excess of value A/c $4,500,000
(500,000*$9)
