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3 years ago

If productivity increases significantly and demand is not very elastic, what is likely to happen?

Business

2 answers:

V125BC [204]3 years ago

8 0

Answer:

Explanation:

spayn [35]3 years ago

4 0

Answer:

B. Fewer workers will be needed.

Explanation:

Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.

An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.

If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.

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Verdich [7]

The correct answer is True

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3 years ago

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gayaneshka [121]

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3 years ago

Who is responsible for selecting the required yearly ce topics

Vilka [71]

Based on standard practice <u>State Real Estate Commission</u> is responsible for selecting the required yearly CE topics.

What is CE in Real Estate?

CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.

To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.

Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."

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3 years ago

Dianne Doolittle wants to download an itemized invoice for the QuickBooks Online subscriptions on her wholesale billing account

ANTONII [103]

Answer:. CSV and PDF

Explanation:

QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.

The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.

When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.

6 0

3 years ago

The movie E.T. the Extraterrestrial grossed $435,110,554 in box office receipts in 1982. The movie Titanic grossed $659,363,944

earnstyle [38]

Answer:

E.T. the Extraterrestrial

Adjustment for inflation in 1997

Value of E.T. box office receipts = $723,681,284.11 ($435,110,554/96.5 x 160.5)

Explanation:

To adjust a 1982 receipts for inflation in 1997, the 1982 receipts is divided by the 1982 price index and multiplied by the 1997 price index. This results to an inflation-reflected receipts in 1997.

The adjustment helps to put a value that is equivalent to the current price (assessed period's current price) having factored in inflation.

A Consumer Price Index is a statistical estimate that measures the changes in the price level of a weighted average market basket of consumer goods and services purchased by households. It is measured periodically to reflect inflation.

Inflation is the general rise in the prices where a unit of currency yesterperiod buys less today than it did. It is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time.

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3 years ago