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Oksana_A [137]
3 years ago
14

Demand is said to be inelastic if a. buyers respond substantially to changes in the price of the good. b. demand shifts only sli

ghtly when the price of the good changes. c. the quantity demanded changes only slightly when the price of the good changes. d. the price of the good responds only slightly to changes in demand.
Business
1 answer:
MissTica3 years ago
3 0

Answer:

Demand is said to be inelastic when the percentage change in the price of the good causes a lower percentage change in the quantity demanded of the good. So for eg if the price of milk falls 10% but its quantity demanded only increases by 5%, we can say that milk has inelastic demand

So in the case the answer is c. the quantity demanded changes only slightly when the price of the good changes.

Explanation:

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What is the principal ?
9966 [12]

Answer

adjective

1.

first in order of importance; main.

"the country's principal cities"

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main

chief

primary

leading

foremost

first

most important

predominant

dominant

(most) prominent

key

crucial

vital

essential

basic

staple

critical

pivotal

salient

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ultimate

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number-one

Opposite:

minor

subordinate

subsidiary

2.

(of money) denoting an original sum invested or lent.

"the principal amount of your investment"

noun

1.

the person with the highest authority or most important position in an organization, institution, or group.

"a design consultancy whose principal is based in San Francisco"

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boss

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MD

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director

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2.

a sum of money lent or invested, on which interest is paid.

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capital sum

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6 0
3 years ago
A company reports the amounts below in its financial statements. Net cash flow from operating activities $37,570 Total net cash
balandron [24]

Answer:

Ratio will be 0.92

So option (A) will be the correct option

Explanation:

We have given net cash flow from operating activities = $37570

So net operating cash flow = $37570

Current liabilities at the bugging of the year = $38400

Current liabilities at the end of the year = $43200

So average current liabilities =\frac{38400+43200}{2}=$40800

We have to find the ratio of operating cash flow to current liabilities

So ratio will be =\frac{37570}{40800}=0.92

So option (A) will be the correct option

3 0
4 years ago
a company purchased supplies for cash, which will be consumed during future months. which of the following correctly describes t
harina [27]

The answer choice that correctly describes the impact of the supplies purchase on the financial statements is A. total assets will remain unchanged.

<h3>What is an Asset? </h3>

This refers to financial property owned by a company or individual that has some degree of value.

Hence, we can see that given the fact that a company purchased supplies for cash that would be used in a few months, this would leave the total assets unchanged.

Read more about assets here:

brainly.com/question/11209470

#SPJ11

4 0
2 years ago
A study by the National Bureau of Economic Research (NBER) examined the responsiveness of consumers to changes in gasoline price
Y_Kistochka [10]

Answer:

Gasoline consumption will decrease by a small amount.

Explanation:

A coefficient of elasticity of less than one indicates that demand is inelastic.

Inelastic demand means that there's little or no change in quantity demanded when there's a change in the price of a product.

Quantity demanded has little or no sensitivity to changes in price.

If the coefficient of elasticity is greater than one, demand is elastic.

Elastic demand is when a small change in price has a greater effect on the quantity demanded.

If the coefficient of elasticity were equal to one, it means that demand is unit elastic.

Unit elastic demand means a change in price leads to the same proportional change on quantity demanded.

I hope my answer helps you

3 0
3 years ago
The next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4
STALIN [3.7K]

Answer:

a. 10.8%

b. 6.32%

c. 4.5%

Explanation:

a. Required return= (Expected dividend payment/current stock price) + dividend growth rate

Required return= (2.34/37)+0.045

Required return= 0.108  ⇒ 10.8%

b. Dividend yield= dividend per share / price per share

Dividend yield= 2.34/37= 0.0632 ⇒ 6.32%

c. The capital gains yield refers to the rise in the price of the stock. In this case, the statement indicates that the dividends are anticipated to maintain a growth rate of 4.5 percent forever and according to the definition of capital gains yield that would be the answer for the expected capital gains yield.

3 0
3 years ago
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