Mary's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. There are 4,000 baskets in beginni
ng finished goods inventory with target ending inventory of 4,000 baskets. The company keeps no work−in−process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement? Question 4 options: $130,000 $150,000 $110,000 $170,000
Long-run elasticities of demand differ from short-run elasticity. In the short period is more inelastic. This is because people take time to adjust their consumption habits. So if the time period people have to adjust to the price change is long, then the demand will be elastic.
Durable goods can be used for a relatively long time. So they will have a less elastic demand.
You run out and call 911 or whatever the number is for you and if you’re on fire stop drop and roll because if you run you’re only giving the fire more oxygen