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
erica [24]
3 years ago
14

The demand for bus rides is a downward-sloping straight line demand curve. The price elasticity of demand for bus rides ________

.(A) decreases as the price of a bus ride(B) rises is the same no matter what the price of a bus ride(C) increases as the price of a bus ride falls(D) decreases as the price of a bus ride falls
Business
1 answer:
MrMuchimi3 years ago
4 0

<u>Answer:</u>

<em>The price elasticity of demand for bus rides decreases as the price of a bus ride falls  (D)</em>

<em></em>

<u>Explanation:</u>

Price elasticity of interest is a financial proportion of the adjustment in the amount requested or obtained of an item in connection to its value change. When the amount required of an object displays a considerable difference because of changes in its value, it is named versatile; that is, the amount extended a long way from its earlier point. On the off chance that the amount obtained has a little change because of its value, it is named inelastic; or the amount did not extend much from its earlier point.  

You might be interested in
The central route to persuasion is to ____ as the peripheral route to persuasion is to ____
pychu [463]
The central route to persuasion is to be persuaded by the content of the message as the peripheral route to persuasion is to agree on the message not based on the arguments but on the expertise of the speaker.For example, when a relationship expert speaks, you can decide to agree with him on the mere fact that he is a relationship expert but not on what he is saying because it may be correct or wrong.
8 0
3 years ago
What process guides your entry and closing points? 1. Reducing the randomness of your approach 2. Pragmatic 3. Facilitate adapta
Airida [17]

Answer:

1. Reducing the randomness of your approach

Explanation:

Reducing the randomness of your approach guides your entry and closing points

8 0
2 years ago
The Nautical Corporation manufactures custom-made wood wall units. The following data pertains to Job X4A: Direct materials plac
Leokris [45]

Answer:

Total Cost of Job X4A:                                             $

Direct material cost  ($9,000 x 500 units)              4,500,000                              

Direct labour cost (300 hrs x $15 x 500 units )       2,250,000

Overhead applied (100 hrs x $22.50 x 500 units)  1,125,000

Total cost                                                                    7,875,000

Explanation:

The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.          

7 0
3 years ago
Lawn Innovation is a company that designs and manufactures lawn equipment. The company wants to create a new multipurpose tool t
Fofino [41]

Answer:

The correct answer is letter "B": marketing research.

Explanation:

Marketing research is the study companies make before launching a product or service by which they gauge how successful could be the product in the market. The marketing research is the indicator that will determine if the goods will be produced or not. This study is also helpful at the moment of determining the target market of the firm and its scope, as well as the approximate price that consumers would pay for the product.

7 0
2 years ago
Sue earned $21,000 at her waitress job last year; she also made $7,000 in tips. in addition, sue earned $95 interest on her savi
kobusy [5.1K]
Her gross income for the year would be $28,595
5 0
2 years ago
Other questions:
  • A mutual fund that attempts to hold quantities of shares in proportion to their representation in the market is called a _______
    9·1 answer
  • Javier, a homeowner, files a lawsuit against dean, his construction contractor. they meet with their attorneys to try to resolve
    9·1 answer
  • In a market with a binding price ceiling, an increase in the ceiling will ________ the quantity supplied, ________ the quantity
    10·1 answer
  • As the facility manager, you listen to your employees and demonstrate concern and care about their social needs, but still make
    14·1 answer
  • On January 1, 20X2, X Company made modifications to an asset used in its manufacturing operations in order to extend its useful
    10·1 answer
  • In January, 20XX a customer buys 100 shares of ABC stock at $50 per share and pays a $2 commission per share. The customer recei
    9·1 answer
  • Required information
    12·1 answer
  • Money in your emergency fund could be wisely used:
    12·1 answer
  • Which symbol should you use for entering a formula in a cell?
    14·1 answer
  • A company’s resources are competitive assets that are owned or controlled by the company and include
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!