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lions [1.4K]
3 years ago
10

Demand is likely to be most elastic for which of the following: Ground beef O Footwear O Bread O Concert tickets​

Business
1 answer:
-Dominant- [34]3 years ago
6 0

Answer:

O Concert tickets​

Explanation:

Elastic demand is the demand that is highly responsive to changes in prices. A small change in price causes the demand to change by a big proposition. When the demand is elastic,  the change in demand is not propositional to changes in price.

Non-essential goods tend to have elastic goods. These are the goods that consumers can survive without. Demand for non-essential tends to decrease or increase in a big proposition when prices rise or fall by a small margin. From the list provided, concert tickets are non essential goods.

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Answer:

c. $4,000

Explanation:

The computation of the depreciation expense for year 2 under straight-line method is shown below:

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= ($25,000 - $5,000) ÷ (5 years)

= ($20,000) ÷ (5 years)  

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In this method, the depreciation is same for all the remaining useful life i.e $4,000 is charged for remaining three years

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Years ago in the overnight delivery business, providing package tracking capability gave some firms a competitive advantage. Now
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When a company gains a competitive advantage over an action that becomes mandatory in the line of business, such as providing package tracking capability, this is an example of profitability factors becoming productivity factors over time.

<h3 /><h3>What are profitability factors?</h3>

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So, the correct answer is:

D. Profitability factors; productivity factors.

Find out more information about profitability here:

brainly.com/question/16755022

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2 years ago
As part of the initial investment, Ray Blake contributes equipment that had originally cost $101,300 and on which accumulated de
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Answer:

This is a repeat question on Brainly but here you go.

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B. Interact with customers after they have purchased the product.

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Hope it helped!

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