Answer: quantity demanded; price of the goods
Explanation:
Elasticity measures how much one economic variable responds to changes in another economic variable. The price elasticity of demand measures how responsive quantity demanded is to changes in price.
The price elasticity of demand is equal to the percentage change in quantity demanded divided by the percentage change in price. If the quantity demanded changes more than proportionally when price changes, then the price elasticity of demand is greater than 1 in absolute value, and demand is elastic. If the quantity demanded changes less than proportionally when price changes, then the price elasticity of demand is less than 1 in absolute value, and demand is inelastic. If the quantity demanded changes proportionally when price changes, then the price elasticity of demand is equal to 1 in absolute value, and demand is unit elastic.
Perfectly inelastic demand curves are vertical lines, and perfectly elastic demand curves are horizontal lines. Relatively few products have perfectly elastic or perfectly inelastic demand curves.
In terms of income elasticity of demand, a value greater than one implies that the percentage change in the quantity demanded of the good is greater than the percentage change in income.
Cretia Robritti discovered that the purpose of asset allocation is to ensure that the investor is well diversified generally with holdings in several different classes of investments.
<h2>Why is asset allocation necessary and what does it entail?</h2>
By allocating a portfolio's assets in accordance with a person's objectives, risk tolerance, and investment horizon, asset allocation is an investment technique that seeks to balance risk and reward.
<h2>What is the best asset allocation strategy for your portfolio?</h2>
Your portfolio's asset allocation should always be consistent with your objectives. Fourth-Generation Asset Allocation Dynamic asset allocation is another active asset allocation method. With this approach, you continuously modify the asset mix in response to changes in the economy and market conditions.
<h3>What are alternative assets?</h3>
Compared to standard investments, alternative assets are investments that are comparatively more complex and less liquid (i.e., harder to purchase or sell). It's critical to realize that these somewhat sophisticated investment kinds come with higher risks and are not appropriate for all investors.
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<span>Mncs can use factoring to sell their existing accounts receivable as a means of obtaining cash.Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts to a third party at a discount.It is usually used to meet the company's present and immediate cash needs.</span>
Answer:
Advertising to the public
Explanation:
Answer:
the no of units to be started is 5,500 units
Explanation:
The computation of the number of units to be started in the canvas department is as follows:
= Units completed and transferred out + Ending work in process inventory
= 5100 units + 400 units
= 5500 units
Hence, the no of units to be started is 5,500 units
