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3 years ago

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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Lula thinks that people who discipline their children by spanking should be sent to jail and says she would be glad to go to jai

Igoryamba

Answer:

a. Kantianism

Explanation:

Kantianism -

This theory was given by Immanuel Kant.

According to this theory ,

Good deeds and duty are the crucial elements in order to determine the action which need to be taken .

Any activity is considered to be good , only if it is morally correct .

Hence , from the question , spanking children is not a good activity and it not accepted ethically .

Hence , in the given scenario Kantianism is applicable .

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3 years ago

Daniel, an entrepreneur, is planning to open a fast-food restaurant. He wants to cash in on the huge population of busy professi

Karo-lina-s [1.5K]

Answer:

the answer is none of these

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3 years ago

Which of these investments may pay dividends?

Murrr4er [49]

Since you provide no options, Stock investment may pay dividend

The amount of dividend will be depended on how many stocks you own and how much is that's company net income in that year

for example, if you own 10 % of the company, and the company announced that they will pay $ 10,000 as dividend this year, you will get dividend payment of $ 1,000

5 0

3 years ago

Read 2 more answers

Which of the following are factors that can cause a shift in supply?

Setler [38]

A major increase in production due to some market factor as well as the establishment of new companies could potentially lead to a shift in the supply curve for a good. The other answers would not create a shift in the supply curve.

3 0

3 years ago

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The standard cost of Product B manufactured by Pharrell Company includes 2.3 units of direct materials at $6.70 per unit. During

Slav-nsk [51]

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.7 - 6.65)*26,800

Direct material price variance= $1,340 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2.3*11,500 - 26,800)*6.7

Direct material quantity variance= $2,345 unfavorable

<u>Now, the total variance:</u>

Total direct material variance= Direct material price variance +/- Direct material quantity variance

Total direct material variance= 1,340 - 2,345

Total direct material variance= $1,005 unfavorable

8 0

3 years ago