Answer:
b. A decrease in price of 2% causes an increase in quantity demanded of 0%.
Explanation:
By definition, the demand is said to be <em>perfectly inelastic</em> when no matter how much the price of a good changes, you will still be consuming the same exact amount as you did before the price changed.
Keeping this in mind, we know that the price may increase or decrease in 2%, but the demanded quantity will not have any change at all (people won't consume less or more).
So, now we know that the correct answer is <em>b, </em>because a decrease in price of 2% causes an increase in quantity demanded of 0% - in other words, people's purchase decision weren't influenced by the change in the price.
Answer:
Explanation:
Preparation of all journal entries made in 2017 related to the bond issue.)
Jan.1
Dr Cash $618,000
Cr Bonds Payable $618,000
Cr Premium on Bonds Payable. $8,000D
c.3 Interest Expense $59,100
Dr Premium on Bonds Payable $900
($18,000 *$20)
Cr Interest Payable $60,000
($600,000 × 10% = $60,000)
You can get 1 free credit report once every 12 months per your request if you are with a company that the Fair Credit Reporting Act (FCRA) required, such as Equifax, Experian, and TransUnion. however with other companies; i'm not 100% sure... but i believe it might be the same thing for all companies. (it's all ive got in notes ^^||)
hope this helps
Answer:
The impact of immigrants to a country where they setup their own business can;
Wage-setting curve
Wages of employees can increase, As demand of labor increases
Price-setting curve
As the wages will increase so firm's Cost of production increases. Less profitable for the company.
Labor market equilibrium.
Quantity of Labor will be decreased and Wages will increase.
Hope the answer helps :)
Explanation:
An organization with a strong ethical compliance program is much more valued by its stakeholders, because the globalized world and new communication technologies have brought companies closer to consumers, which has generated a much greater relationship than just based on consumption, today people are informed beforehand about the history of companies, their values and ethical and responsible conduct, looking for companies that add something positive in society besides just profitability.
Therefore, having a positive image on the market helps organizations increase their value to consumers and investors, which creates relationship marketing based on trust and identification. For companies to maintain standards based on ethics generates significant advantages such as being more competitive, attracting more customers, having a positive organizational climate, being better positioned in the market, etc.