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TiliK225 [7]
2 years ago
13

Question 3(Multiple Choice Worth 10 points)

Business
1 answer:
tester [92]2 years ago
3 0
B) FTC oversees the bcp

Brainliest?
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If the absolute value of the own price elasticity of demand is greater than 1, then demand is said to be:
OLEGan [10]

Answer:

A. elastic.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.

Demand is inelastic when a change in price has no effect on quantity demanded.

The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.

Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.

The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .

I hope my answer helps you.

8 0
3 years ago
15. The Eller Mutual Fund had a Net Asset Value (NAV) per share of $17.50 on January 1, 2019. On December 31, 2019 the fund’s NA
klio [65]

Answer:

The rate of return is 21.26%

Explanation:

Before calculating the return in percentage terms, it would be more appropriate to start with computing the return on the mutual fund in dollars ' terms.

Return in dollars terms;

Net Asset Value on 31 December 2019              $19.47

less

Net Asset Value on 1 January 2019                    ($17.50)

return  on NAV                                                      $1.97

Add:

Income distributions                                             $0.75

Capital gains distributions                                     $1.00

Total return on mutual fund                                   $3.72

Rate of return=total return mutual fund/Opening net asset value

rate of return =$3.72/$17.50

                       =21.26%

7 0
3 years ago
What is the future value of your money?
KonstantinChe [14]
Dollar for dollar. have to make the dollar go far.
8 0
3 years ago
Item 5At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. The
liraira [26]

Answer:

Debit Cash $2,058; credit Cash Over and Short $8; credit Sales $2,050

Explanation:

The journal entry is shown below:

Cash Dr $2,058

  To cash over and short $8

  To sales $2,050

(Being the cash sales is recorded)

Here the cash is debited as it increased the assets and sales is credited as it increased the revenue and the difference is credited to the cash over and short

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3 years ago
First Link Services granted 4.8 million of its $1 par common shares to executives, subject to forfeiture if employment is termin
xeze [42]

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

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3 years ago
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