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Ede4ka [16]
3 years ago
10

If the percentage increase in the quantity supplied equals the percentage increase in the price, the supply:

Business
1 answer:
Nadya [2.5K]3 years ago
8 0

Answer: is unit elastic

Explanation:

If the percentage increase in the quantity supplied equals the percentage increase in the price, the supply will be said to be unit elastic.

In the unit elastic supply, it should be noted that supply responds perfectly to the changes in price. This simply means that there'll be an equal change between the price change and the quantity that is supplied.

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Categories of expenditures Van and Amy Cho live in Swarthmore, PA. Amy's father, Carlos, lives in Sweden. For each of the follow
Inessa05 [86]

Answer:

A. It is included as part of government purchases (G)

B. it is included as part of consumption

C. It is included as part of investment

D. Amys father's transaction is not included as part of GDP

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable good and services + Investment spending by businesses + Government Spending + Net Export

The project in A is being undertaken by The Federal Aviation Administration. So, it qualities as government spending.

Amy gets a new video camera made in the United States is an instance of consumer spending

Van's employer upgrades all of its computer systems using U.S.-made parts is undertaken by a business so it is included in GDP as part of investment spending.

The transaction by Amy's father takes place outside the US, thus, it is not included in the calculation of US 's GDP.

I hope my answer helps you

8 0
3 years ago
Market economies operate on the principle of supply and demand.
asambeis [7]
I think that the stament given above is true, as this principle <span>lets business survive or fail without much interaction from the government.</span>
6 0
3 years ago
Which bank does not charge at all for using the ATM?
const2013 [10]
Bank A is the answer
6 0
3 years ago
Which of the following might a student do in high school to learn more about automotive care? A.
stepladder [879]

Answer:

Answer - A

Explanation:

SkillsUSA has an automotive "skill" in which students in high school can learn about the automotive industry.

3 0
3 years ago
Read 2 more answers
Based on a predicted level of production and sales of 15,000 units, a company anticipates reporting operating income of $22,000
jarptica [38.1K]

Answer:

e.$8,000 of fixed costs and $108,000 of variable costs.

Explanation:

Fixed costs don't change with a change in production volume, therefore, fixed costs remain $8,000.

The cost per unit to produce 15,000 units is:

C =\frac{\$90,000}{15,000}\\C=\$6/unit

Assuming a new production volume of 18,000 units, budgeted variable costs are:

V_c=\$6*18,000= \$108,000

The budgeted amounts are: e.$8,000 of fixed costs and $108,000 of variable costs.

8 0
3 years ago
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