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stich3 [128]
3 years ago
7

g If it is difficult to substitute for a good in the short run, but easy in the long run, then _____ . Group of answer choices t

he elasticity of demand is more elastic in the short un elasticity changes along the demand curve the elasticity of demand is more elastic in the long run the good is an inferior good
Business
1 answer:
iragen [17]3 years ago
6 0

Answer:

the elasticity of demand is more elastic in the long run

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases  

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

In the long run, people have more time to search for suitable alternatives than when compared to the short run. Thus, demand tends to be more elastic in the long run

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Which food give the most fiber
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The most accurate answer is

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4 years ago
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vitfil [10]

A. Intermediaries

B. Disintermediation

C. Reintermediation

D. Cybermediation

Answer:

C. Reintermediation

Explanation:

-Intermediary refers to a party that acts as a link between two other parties to reach an agreement.

-Disintermediation is when intermediaries are removed in a supply chain.

-Reintermediation is when new intermediaries are introduced in a supply chain.

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According to this, the answer is that reintermediation is what occurs when steps are added to the value chain as new players find ways to add value to the business process.

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4 years ago
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List two components of visual aids that you have used recently. Describe how you used them.
gavmur [86]

Explanation:

  • PowerPoint:

Probably the most obvious type of visual support is Microsoft PowerPoint. Best used, it can really support you for your presentation; it could have the reverse effect, but it was poorly used.

The concepts are as follows:

Do                                                              

Use a sufficiently big font (at least 20pt).

Keep your background straightforward.

If appropriate, use graphics.

Make things visual.

Use endless bullet point list slides that are all the same

Don't

You can not read it so small.

Use a picky image from the background.

The screen is white or black.

Do not over-do it – it's annoying.

Use neverending bullet point list slides that all look the same

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Handouts are extremely helpful. Use a presentation if your data is too comprehensive for a slide, if you really want your spectators to have their findings fully recorded. Take into account the merits of your presentations at the start, middle and end. Given too long and a diversion they could show. Given too late, too many needless references may have been made by the audience. Provided in the midst and the viewers will read and not listen predictably. One powerful way to prevent these troubles is to give the key steps during your presentation incomplete presentations. The lost details can be highlighted vocally and your viewer can then fill up the gaps.

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3 years ago
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It appears that kkr is willing to pay a lot more for rjr than the market value of rjr before the takeover contest. what are the
erastova [34]

The justification was that the superior financing of the KKR bid would require less gutting of the company to pay off debts

<h3>What is debts?</h3>

Debt is an obligation that requires one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.

Student loans, mortgages, and business loans are examples of "good" debt, which is defined as money owed for things that can help build wealth or increase income over time. "Bad" debt is defined as credit card or other consumer debt that does little to improve your financial situation. These are exaggerations.

In accounting, debt is classified as a liability. Debt can refer to a variety of different numbers on the balance sheet, ranging from wages payable to tax payable.

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