1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
creativ13 [48]
3 years ago
8

when demand does not change much after a price change, demand is: a. variable b. static c. elastic d. inelastic

Business
2 answers:
RideAnS [48]3 years ago
4 0
The answer is D. inelastic
castortr0y [4]3 years ago
4 0

Inelastic demand in economics is when people buy about the same amount whether the price drops or rises. (thebalance.com definition)

The answer is D. inelastic.

You might be interested in
Viv entered into a contract with Rodin, an assassin, to kill her ex-husband. She pays him $50,000, but he does not perform the d
Klio2033 [76]
No he don't have to give it back
7 0
4 years ago
Read 2 more answers
Kristoff Walker operates his own catering service. Summary financial data for February are presented in equation form as follows
wariber [46]

Answer:

- $17,600

Explanation:

The computation of the net decrease in cash during the month is shown below:

= $40,600 - $17,400 - $30,200 - $2,300 - $8,300

= - $17,600

After calculating the items which are presented in the column 1 represent the net decrease in cash for $17,600 amount.  

The net decrease in cash represents an outflow of cash. In this, the chances of loss may be higher than the loss.

8 0
3 years ago
Read 2 more answers
Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.84. Suppose that in Year 1, disposable in
Ede4ka [16]

Answer:

$64,48 billion

Explanation:

marginal propensity ( MPC ) = 0.84  i.e ratio of disposable income to consumption is $1 to 84 cent

YEAR 1 disposable income = $412 billion

year 1 consumption =  $368 billion

year 2 disposable income = $540 billion

calculate the level of saving in year 2

from given data

consumption = Co + 0.84 * 412

368 = Co + 346.08

therefore Co = 21.92

therefore for year 2

Consumption = Co + 0.84 * 540

                     = 21.92 + 453.6 = $475.52

hence savings level = disposable - consumption = 540 - 475.52 = $64,48 billion

8 0
4 years ago
________ is a highly complex and highly developed form of reasoning that is based on years of experience and learning.
AlexFokin [52]

Answer:

Intuition.

Explanation:

7 0
3 years ago
Organon Teknina sells inexpensive equipment to detect Escherichia coli, listeria, or salmonella bacteria in food. The company se
Semenov [28]

The options are:

The Montgomery County school system

Cincinnati Children’s Hospital.

Taco Bell

A chain of church-sponsored retirement homes.

American Red Cross emergency shelter kitchen

Answer:

Taco Bell

Explanation:

In the given scenario Organon Teknina sells inexpensive equipment to detect Escherichia coli, listeria, or salmonella bacteria in food. The company serves not-for-profit institutions.

Among the options given only Taco Bell is a for profit organisation, so they are not the primary target of Organon Teknina.

The other options are non profit organisations so they will recieve supply of inexpensive equipment from Organon Teknina.

Taco Bell is a chain of fast food restaurants in Chicago. The parent organisation is Yum brands

7 0
3 years ago
Other questions:
  • Which statement best explains the law of supply?
    10·2 answers
  • "When a parent uses the partial equity method throughout the year to account for its investment in an acquired subsidiary, which
    13·1 answer
  • Cyclical unemployment is caused by business cycle fluctuations. reducing international trade barriers, which causes some industr
    11·1 answer
  • In the phrase generally accepted accounting principles the words accounting principles refers to
    9·1 answer
  • Mindy's credit card has an APR of 15%, calculated on the previous monthly balance, and Mindy makes a payment of $50 every month.
    10·2 answers
  • Wilma, Betty, and Fred are partners who share income and losses in a 5:3:2 ratio. Wilma decides to retire from the partnership w
    8·1 answer
  • Melissa, a salesperson for a cosmetics company, is selling the company's new range of anti-acne products. While selling to prosp
    11·2 answers
  • A customer wishes to invest in real estate, believing that current market prices are depressed and that they are ready for a maj
    15·1 answer
  • Your local bakery gives you information on consumer purchasing habits for muffins and cupcakes. It tells you that, when the pric
    9·1 answer
  • Interview a business owner/manager on the crisis experienced in a workplace
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!