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GarryVolchara [31]
4 years ago
6

use the total revenue test to determine whether the demand for home heating oil is elastic or inelastic and why

Business
1 answer:
Mekhanik [1.2K]4 years ago
6 0

Home heating oil is considered inelastic demand instead of elastic demand. Inelastic demand is when people will buy the same amount whether the price of the good drops or rises. People who buy home heating oil want their homes to be kept heated and warm, since they are buying it to serve a purpose like this, whether the price rises or drops they still will need it. Since they will need it regardless of price, they will continue to buy it and therefor it is inelastic.

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Volkswagen has signaled that it is going to stay the course in russia, despite current political and economic headwinds. why do
Olin [163]

In Volkswagen, part of the reason, I believe, that they stayed in Russia, is because Russia and Germany have, in many instances, combined military and political forces. For Russia, it's a pro to their economy because they are able to hire more people there. It is a con in the sense that it may cost Volkswagen more money to be there in Russia than what their income may total.

6 0
3 years ago
In November and December 2020, Crane Company, a newly organized magazine publisher, received $79200 for 1,000 three-year subscri
Varvara68 [4.7K]

Answer:

Crane should report $26,400 as subscription revenue in Income Statement

 

Explanation:

Amount received towards Subscription = $79,200 for 3 years

Subscription revenue to be recognized in Income Statement of 2020 =

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7 0
4 years ago
How do your improve cash flow
inysia [295]
To save & to manage .budgeting is the key
8 0
3 years ago
Johanna has been asked by the department manager to prepare a SWOT analysis on two of the company's products. In which step of t
Stella [2.4K]

Answer:

The options for this question are the following:

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B. establish the mission

C. prepare values statement

D. maintain strategic control

The correct answer is A. current reality assessment .

Explanation:

The current evaluation has been designed to evaluate competencies. In the new trends, two support centers can be found: one, focused on the critical review of education sciences in particular and social sciences in general and the other, more pragmatic, derived from the new challenges introduced by the progress dizzying of science and technology.

The traditional evaluation procedure responds to content-based education. It is based on forms of institutionalized obedience and tends to lead the educational process to the school routine and the use of coercive measures, thus impeding the search for critical and creative thinking.

3 0
3 years ago
Efficiency is one of the ________________ impacts of technology on the workplace.
Scrat [10]

Efficiency is one of the <u>positive</u> impacts of technology on the workplace.

Technological advancement has resulted in many positive impacts on the workplace in both communication and production aspects. It has drastically increased the rate of production.

One of the most prominent impacts of technology on the workplace is the increased flow rate of work. People can communicate in different areas of the workplace more efficiently. Work that used to take hours before can now be done in minutes.

Measuring efficiency or productivity of workplace:

A simple method to have an idea about the efficiency or productivity of a workplace is to compare the input (total labor) and the output (total number of units produced).

Learn how worksheet creates an efficient process in the workplace from the link below
brainly.com/question/13415095?referrer=searchResults

#SPJ4

6 0
1 year ago
Read 2 more answers
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