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OverLord2011 [107]
3 years ago
12

The factors that affect the price elasticity of supply include: Instructions: You may select more than one answer.

Business
1 answer:
bearhunter [10]3 years ago
8 0

Answer:

The correct answer is letter "A", "B", and "D": the availability of inputs; the flexibility of the production process; time needed to adjust to changes in price.

Explanation:

Price elasticity of supply reflects the changes in supply after a change in prices. The price elasticity of supply is calculated dividing the percentage in the change of quantity supplied by the percentage in the change of price. If the result is equal or greater than one (1) the supply of that good is elastic. If the result is lower than one (1), then the supply is inelastic.

Three main factors determine the price elasticity of supply which are <em>the amount of inventory or raw material in the industry, the capacity to increase or decrease the production, </em>and <em>the time needed to produce the good to be offered based on the price fluctuations.</em>

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At Smartech, a company dealing in software products, employees often complain about the lack of clarity regarding the tasks they
Yuliya22 [10]

Answer:

(B) Analysis and design of work

Explanation:

HR functions , to resolve some problems like ,

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Along with , listening to the complains and resolving them ,

As in this case , due to lack of clarity of the plan and resolving the conflicts at the work place .

5 0
3 years ago
The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, res
hoa [83]

Answer:

Hidden Valley's Asset Turnover = 1.6

Explanation:

Average Total Asset = (Total Assets at the beginning of the year + Total Assets at the end of the year)/2

Average Total Asset = (450,000+550,000)/2

Average Total Asset = 1,000,0000/2 = 500,000

Asset Turnover = Net Sales / Average Total Asset

Asset Turnover = 800,000/500,000

Asset Turnover = 8/5

Asset Turnover = 1.6

7 0
3 years ago
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Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi
Doss [256]

Answer:

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase.  By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera  was $725- $125= $600

=$600

4 0
3 years ago
What is the advantage of Federal Loans over Private Loans? A. Federal Loans have fixed interest rates and Private Loans can have
iVinArrow [24]
The best answer for this question would be A. :) 
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3 years ago
The right to sell a good or service within an exclusive market is a _____.
dem82 [27]

Answer:

franchise

Explanation:

The right to sell a good or service within an exclusive market is a _____.

 

franchise

 

market power

 

license

 

patent

3 0
3 years ago
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