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Blizzard [7]
4 years ago
10

All else being equal, does elastic or inelastic demand curve result in higher social surplus? How does elasticity of supply affe

ct social surplus?
Business
1 answer:
disa [49]4 years ago
7 0

Answer:

An elastic demand curve will result in higher social surplus. Social surplus equals consumer surplus plus supplier surplus, or simply total surplus. The highest possible social surplus is reached at the equilibrium point.

If a product's demand is completely inelastic, the supplier can increase the price at will, reducing consumer surplus to minimum levels. If a product's demand is completely elastic, then consumer surplus increases while supplier surplus is directly related to shifts in the demand. Higher demand increases supplier surplus.

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According to the eNotes, how many TEUs would you have with 70 twenty-foot containers and 30 forty-foot containers?
AfilCa [17]

Here are the things needed to be considered:

20 feet= 1 TEU

40 feet= 1 TEU

<span>For 70 twenty-foot containers, multiply it with the conversion factor (1 TEU/1 twenty-foot) then cancel the twenty-foot unit. The answer is 70 TEUs. As for 30 forty-foot containers, you apply the same process but you use the 2nd conversion factor which is (2 TEUs/ 1 forty-foot). The answer is 60 TEUs. </span>

<span>So 70+ 60= 130 TEUs

</span>

3 0
3 years ago
A B C
rodikova [14]

Answer:

A      $64,000          1

B      $60,000          2

C      -$24,000         3

Explanation:

As we know that

The cash flow statement records three types of activities i.e operating activities, investing activities, and the financing activities

Since we have to determine the rank based on cash from operating activities

The rank is shown below:

A      $64,000          1

B      $60,000          2

C      -$24,000         3

6 0
3 years ago
A regression line is the line that best fits the data, but this does not mean that the fit is good. In other words, there can st
horsena [70]

Answer:

Larger-sq and small Se.

Explanation:

Regression line is a line that clearly describes the behavior of a given set of data.

Regression lines are very essential for forecasting processes. The importance of the line is to describe the interrelation of a dependent variable (Y variable) with one or many independent variables (X variable).

An analyst can forecast future behaviors of the dependent variable by making use of the equation gotten the regression line. This is done by inputting different values for the independent ones. Regression lines are frequently employed in the financial sector.

Financial analysts make use of linear regressions to forecast stock prices, commodity prices and also to carry out valuations for many different securities. Companies use regressions for the purpose of forecasting sales, inventories and a lot of other variables that are needed for strategy and planning. The regression line formula is represented below:

(Y = a + bX + u)

6 0
3 years ago
Costs such as security deposit,inspections, attorney or broker fees are examples of blank
Tom [10]
Managing money. Hope this. Helps
4 0
2 years ago
Read 2 more answers
Evaluating employee performance helps with all of the following EXCEPT which of the
Goshia [24]

Answer:

Sick Leave - C

Explanation:

Evaluating performance helps determine whether to promote, transfer or layoff but it does not determine whether or not an employee can use sick leave.  You can lower an evaluation based upon performance and abuse of sick leave.  If an employee is frequently absent without an excuse, then their performance and work tasks will suffer.  This allows a manager to lower a performance rating.

4 0
2 years ago
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