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3 years ago

Demand determines price entirely when A) demand is downward sloping. B) demand is perfectly inelastic.

Business

1 answer:

Akimi4 [234]3 years ago

6 0

Answer:

C) supply is perfectly inelastic.

Explanation:

In the case when the supply is perfectly non-elastic so the demand would measures the price entirely that means it calculated the overall price at the time when there is a perfectly non-elastic supply

So according to the given scenario the option c is correct

And, the rest of the options are incorrect

So the same is relevant

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Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint pr

SashulF [63]

Answer:

Incremental loss of Spock = $19,800

Incremental profit of Uhura = $12,300

Incremental profit of Sulu = $94,200

Explanation:

Note: See the attached excel for the determination the incremental profit or loss that each of the three joint products.

In the attached excl file, the following formulae are used:

a. Incremental sales value = Sales value of processed product - Sales value at split off point

b. Incremental profit (loss) = Incremental sales value - Costs to process further

Download xlsx

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2 years ago

Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 23 units $16 5 Sale 1

Allisa [31]

Answer:

(a) the cost of the goods sold for the September 30 sale and

COGS = $415

(b) the inventory on September 30.

Ending inventory = 9 units at $17 = $153

Explanation:

date transaction units unit price total

1 beginning inv. 23 $16 $368

5 sale -13 ($208)

17 purchase 24 $17 $408

30 sale -25 ($415)

30 ending inv. 9 $17 $153

When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.

The COGS of the units sold on Sept. 5 = 13 units x $16 = $208

The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415

Ending inventory = 9 units at $17 = $153

4 0

2 years ago

From the customer's point of view, the most vivid impression of service occurs in the service _____ when the customer interacts

Karo-lina-s [1.5K]

Where the answer choice at

5 0

3 years ago

you are considering investing in general motors (GM). which of the following is an example of diversifable risk? a. risk resulti

Maru [420]

Answer:

d. risk resulting from an expected automobile industry shock g

Explanation:

Non systemic risk are risks that can be diversified away. they are also called company specific risk or industry specific risk . Examples of this type of risk is a manager engaging in fraudulent activities and risk resulting from an expected automobile industry shock

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

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2 years ago

Suppose the labor force stays constant, and the working age population stays constant, but some people who were unemployed bec

julsineya [31]

...increase due to unemployed people becoming employed and joining labor force, along with the fact that the working age population is staying constant

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3 years ago