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zvonat [6]
3 years ago
13

) The price elasticity of demand for alfalfa is perfectly elastic. Thus, the price elasticity demand for alfalfa is

Business
1 answer:
Brrunno [24]3 years ago
3 0

Answer:

Infinity

Explanation:

In economics, we say that demand is perfectly elastic when the Price elasticity of demand coefficient is equal to infinity. This is because in the scenario that demand is perfectly elastic, it means that the buyers will only buy at just one price.

Thus, the price elasticity demand for alfalfa will be infinity.

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Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $42,000
Marta_Voda [28]

Answer:

$149,100

Explanation:

Given that,

Uchimura Corporation has two divisions: the AFE Division and the GBI Division.

Net operating income = $42,000

Divisional segment margin:

AFE Division = $15,700

GBI Division = $$175,400

Common fixed expense not traceable to the individual divisions:

= AFE Division's divisional segment margin + GBI Division's divisional segment margin - Net operating income

= 15,700 + 175,400 - 42,000

= $149,100

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3 years ago
Select the true statement about the relationship between law, ethics, and business.
Vilka [71]

Answer:

A

Explanation:

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3 years ago
The price of Johnny ' s favorite burger, the Big Mac from McDonald' s goes up in price. He goes to Burger King and purchases a W
denpristay [2]

Answer:

compramise

Explanation:

He settled for a Whooper instead of the Big Mac.

7 0
4 years ago
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lawyer [7]

Answer:

Is this one of the people that give free points?

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3 years ago
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Andy can't make a deal with Danny. Andy has a Alex Rodriguez baseball card and would like to trade it to Danny for Danny's Alber
Bogdan [553]

Answer:

A. the double coincidence of wants problem.

Explanation:

Trade by barter involves the exchange of goods and services for goods and services without the use of money as a medium of exchange. In barter system, there is what we call double coincidence of wants. This is the economic situation whereby both parties holds what the other wants to buy, so they exchange the goods directly. Here, both parties agrees to buy and sell each other commodities. However, if one of the party is not interested in what the other party is offering, it causes a disruption in the trade. This disruption refers to a drawback in the system like the example described in the question.

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3 years ago
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