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Olegator [25]
3 years ago
11

Which of these is an example of a good with elastic supply?

Business
2 answers:
DerKrebs [107]3 years ago
8 0

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

Leviafan [203]3 years ago
7 0

Answer:

Jet planes.

Explanation:

Elastic supply is a measure of the relationship between the quantities of a good supplied and change in prices. As it is expected that a change in change in price will affect the quantity of goods demanded and supplied , elastic of demand measure this relationship.

However , elastic supply occurs when the percentage change  in quantity supplied is greater than the percentage change in price.

Airplane can easily be substituted with options like train , vehicles and even boat ,therefore change in price could trigger a greater effect on the supply

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How are command group in menu tabs
Lera25 [3.4K]

Answer:

Typically, related commands are clustered together on the same menu or toolbar. Menus typically are displayed as one-word strings clustered in a row at the top of the integrated development environment (IDE) or a tool window.

Explanation:

7 0
3 years ago
A school is watching students as they enter the football game for students who are
Stels [109]

The probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

<h3>What is probability?</h3>

Probability refers to the chance that an outcome occurs given the possibility of many outcomes.

As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.

<h3>Data and Calculations:</h3>

Estimated proportion of students dressed inappropriately = 7%

Number of players for a football game = 22 (11 x 2)

Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).

Thus, the probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.

Learn more about probability at brainly.com/question/13604758

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6 0
2 years ago
Consider the single factor APT. Portfolio A has a beta of 1.3 and an expected return of 21%. Portfolio B has a beta of .7 and an
svetoff [14.1K]

Answer:

Portfolio A and Portfolio B

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

The Market rate of return - Risk-free rate of return) = Market risk premium

Let us assume the market risk premium be X

For Portfolio A:

21% = 8% + 1.3 × X

13% = 1.3  × X

So, the X = 10%

For Portfolio B:

17% = 8% + 0.7 × X

9% = 0.7  × X

So, the X = 12.86%

Based on the market risk premium calculations, we can conclude that Portfolio A should be in short position while Portfolio B should be in long position as portfolio B has higher market risk premium than B

3 0
3 years ago
Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
Anettt [7]

Answer:

0.34

Explanation:

Calculation to determine what The manufacturing cycle efficiency (MCE) was closest to:

First step is to calculate the Throughput time using this formula

Throughput time = Process time + inspection time + move time + queue time

Let plug in the formula

Throughput time=6.1+1.5+4.1+6.2

Throughput time=17.9

Now let calculate the MEC using this formula

MEC = process time / throughput time

Let plug in the formula

MEC=6.1/17.9

MEC =0.34

Therefore The manufacturing cycle efficiency (MCE) was closest to:0.34

8 0
2 years ago
Assume that GDP per capita for two countries is displayed in plot with a ratio scale on the y-axis and a linear time scale (in y
jenyasd209 [6]

Answer:

The correct answer that fills the gaps are: constant ; increasing.

Explanation:

GDP per capita, income per capita or income per capita is an economic indicator that measures the relationship between the level of income of a country and its population. For this, the Gross Domestic Product (GDP) of said territory is divided by the number of inhabitants.

The use of per capita income as an indicator of wealth or economic stability of a territory makes sense because through its calculation national income is interrelated (through GDP in a specific period) and the inhabitants of this place.

The objective of GDP per capita is to obtain data that somehow shows the level of wealth or well-being of that territory at a given time. It is often used as a measure of comparison between different countries, to show differences in economic conditions.

7 0
3 years ago
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