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Fudgin [204]
3 years ago
7

From a firm's point of view, when the demand for a good has a price elasticity of 0.5, then, all things remaining the same, a(n)

: increase in the price of the good will decrease the firm's revenue. increase in the price of the good will increase the firm's revenue. change in the price of the good will not affect the firm's revenue. change in the price of the good will not affect the quantity of the good demanded by consumers.
Business
1 answer:
jeyben [28]3 years ago
6 0

Answer:

The correct answer is: increase in the price of the good will increase the firm's revenue.

Explanation:

When the demand for goods has a price elasticity of 0.5, it implies that the demand is relatively inelastic. This implies that a proportionate change in price will cause less than proportionate change in price.

So when the firm increases the price of a good, this will lead to a smaller decline in the quantity demanded of the commodity. As a result, the total revenue will increase.

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Rather than looking for problems, ________ seeks to identify the unique qualities and special strengths of an organization, whic
Marianna [84]

Answer:

The correct answer is A

Explanation:

AI stands for Appreciative Inquiry, which is approach of change management, that focuses on identifying what is working and analyzing why it is working. The basic or primary tenet of AI, is that the firm will grow in which ever direction, the people in the firm focus their attention.

Most approaches of organizational development are the problem centered. They recognize set of problems, then look for the solution. So, instead of lokking for problems, AI seeks to recognize the special strengths as well as unique qualities, in order to built upon the improve performance.

8 0
3 years ago
Comet Company accumulated the following account information for the year:
Nuetrik [128]

Answer:

$9,200

Explanation:

The computation of the total factory overhead cost is shown below:

= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment

where,

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Indirect labor cost is $4,800

And, the Maintenance of factory equipment  is $2,600

So, the total factory overhead cost is

= $1,800 + $4,800 + $2,600

= $9,200

As we know that the factory overhead records all the indirect cost related to the factory and the same is to be considered

7 0
3 years ago
Members of a consumer cooperative usually
AfilCa [17]
Ob just a guess I think that’s the anwser but I’m not really sure
3 0
3 years ago
Bond interest is deducted from:
nevsk [136]

I bond interest is calculated using so-called composite rates based on a fixed interest rate and an inflation-adjusted rate, which we describe in depth below. I bonds earn interest monthly, though you don't get access to the interest payments until you cash out the bond.

<h3>How long do I bonds earn interest?</h3>

I bonds earn interest for 30 years unless you cash them first. You can cash them after one year.

But if you cash them before five years, you lose the previous three months of interest.

<h3>Is an I bond a good investment?</h3>

The annualized rate on the I bond is a record 9.62% through October 2022. “This is a fabulous investment,” said Orman, who started investing in I bonds in 2001. Backed by the U.S. government, the bond doesn't lose value. Its variable rate is set every May and November.

Learn more about bonds interests here:

<h3>brainly.com/question/25965295</h3><h3 /><h3>#SPJ4</h3>
3 0
1 year ago
Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this pr
d1i1m1o1n [39]
An inner tube for a swimming pool would be in high demand during the summer months, and in incredibly low demand in the winter months. 
7 0
3 years ago
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