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
Ilia_Sergeevich [38]
3 years ago
5

In microeconomics, what term refers to the measurement of responsiveness of the quantity demanded or the quantity supplied to a

change in price?
Business
1 answer:
Bess [88]3 years ago
5 0
Hello!
The answer to your question is "price elasticity".
:)
You might be interested in
Rolland Poust is a sophomore in the College of Business at Scandia Tech. Last semester he took courses in statistics and account
nikklg [1K]

Answer:

3.5

Explanation:

Grade point average (GPA) is the summation of all the numbered grades obtained divided by the number of credits taken or total obtainable points multiply by the maximum point receivable for a course. This can be calculated as follows:

1. Calculation of Total Obtainable Points

Statistics = A × hrs = 4 × 3 = 12

Accounting = A × hrs = 4 × 3 = 12

History = A × hrs = 4 × 5 = 20

History of jazz = A × hrs = 4 × 2 = 8

Rules of basketball = A × hrs = 4 × 1 = 4

Total obtained points = 12 + 12 + 20 + 8 + 4 = 56

2. Calculation of Total Points Obtained

Statistics = A × hrs = 4 × 3 = 12

Accounting = A × hrs = 4 × 3 = 12

History = B × hrs = 3 × 5 = 15

History of jazz = B × hrs = 3 × 2 = 6

Rules of basketball = A × hrs = 4 × 1 = 4

Total Points Obtained = 12 + 12 + 15 + 6 + 4 = 49

3. Calculation of GPA

GPA = (Total Obtained Points ÷ Total Obtainable Points) × the points that A receives (i.e. maximum GPA)

= (49 ÷ 56) × 4

= 0.875 × 4  

= 3.50  

Therefore, Rolland Poust's GPA is 3.5 out of 4.

The measure of location that has just been calculated is mean. The mean is obtained by adding all the values and then divide it by the number of values.  

Grade point average (GPA) is similar to mean because GPA is the summation of all the numbered grades obtained divided by the number of credits taken.

6 0
4 years ago
What are the Countries in stage 2 of the demographic transition model
DiKsa [7]

Answer:

there are a number of countries that remain in Stage 2 of the Demographic Transitionfor a variety of social and economic reasons, including much of Sub-Saharan Africa, Guatemala, Nauru, Palestine, Yemen and Afghanistan.

7 0
3 years ago
Park uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods
DIA [1.3K]

Answer:

below

Explanation:

3 0
3 years ago
_____ focus primarily on the creation and sale of securities to help companies, governments, and large institutions achieve thei
I am Lyosha [343]

Investment banks focus primarily on the creation and sale of securities to help companies, governments, and large institutions achieve their financing objectives.

<h3>What are Investment Banks?</h3>
  • A provider of financial services that serves as a middleman in significant and intricate financial transactions is known as an investment bank.
  • When a young firm is ready to launch its Initial Public Offering (IPO) or when a company combines with a rival, an investment bank is typically engaged.
  • Additionally, it serves as a financial advisor or broker for major institutional clients such as pension funds.
  • An investment bank's advising division receives compensation for its services. Based on how well the trading division does on the market, commissions are earned.
  • As previously mentioned, many also have retail banking divisions that generate revenue by lending money to individuals and companies.

To learn more about Investment banks refer to:

brainly.com/question/15390021

#SPJ4

7 0
2 years ago
If cash received for future services is initially recorded in revenue accounts and the company has not yet performed all of the
Aleks04 [339]

Answer:

revenues to be overstated.

Explanation:

The sale recorded is not recognized completely at the end of the year and it been recorded in the revenue account. No adjustment has been performed at the year end to settle this accounting issue. The unearned revenue at the end of year which require the services to be performed in future overstating the revenue and understating the liabilities.

4 0
3 years ago
Other questions:
  • You're having trouble coping with stressful life events, so you begin seeing a therapist. The therapist does not focus on your c
    14·1 answer
  • A bank has excess reserves of $1,000,000 and makes a new loan for $500,000. If the bank faces a 10% required reserve ratio, by h
    12·1 answer
  • The Model Company is to begin operations in April. It has budgeted April sales of $46,000, May sales of $50,000, June sales of $
    12·1 answer
  • Radar Company sells bikes for $490 each. The company currently sells 4,300 bikes per year and could make as many as 4,620 bikes
    5·1 answer
  • The entire business cycle normally takes ____ years
    5·1 answer
  • Being undecided on what to do with $100,000 just received on F's policy, decides to leave the proceeds on deposit with the insur
    13·1 answer
  • Como podemos celebrar nuestro aniversario en medio de esta pandemia?
    6·1 answer
  • The unit of product is the cost object when the plantwide overhead rate method is used.
    11·1 answer
  • Elliptical Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet was prepa
    6·1 answer
  • The ________ is the length of time from the point when raw materials are purchased on account to the point when payment is made
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!