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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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An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.

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3 years ago

(1) Reporting of Capital Assets. Are capital assets reported as a line-item in the government-wide statement of net position? Ar

mylen [45]

Answer:

Principal resources are reported as a line-item within the management wide declaration of net situation. Non-depreciable principal resources are individually reported within the proceedings to the money declarations. The revealing expressions starting equilibriums, will increase and reduces, and finish stabilities for every main category of principal assets, yet because the same info for accrued devaluation for every key category. These revelations are given individually for the wealth assets of administrative actions, occupational sort actions, and unnoticeably given part units. The summaries stipulate capitalization inceptions for all principal assets, together with arrangement. The summaries display the quantities of devaluation expenditure assigned to every major operate or package for administrative actions at the government-wide flat. The decline strategies and calculable lives of main categories of depreciable resources are released. Summaries do reveal the strategies relating to capitalization of assortment of skills and historic materials if some. These collectibles aren't criticized however market price of those art effort is measured to reason gain/ injury at the year finish. Accounting strategies for possessions no inheritable underneath capita tenancy are obviously mere

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3 years ago

Electric, Inc. was incorporated on January 1, 2016. Electric issued 7 comma 000 shares of common stock and 1 comma 200 shares

marta [7]

Answer:

$48,000

Explanation:

The computation of the total amount paid to the preferred shareholder is shown below:

= Number of preferred stock shares × par value × dividend rate × number of years

= 1,200 shares × $100 × 10% × 4 years

= $48,000

Simply we multiplied with the number of preferred stock with the par value, its dividend rate and the time period so that the correct value can come

All other information which is given is not relevant. Hence, ignored it

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3 years ago

Which of the following does not influence the consumer when he or she

Diano4ka-milaya [45]

WHATS THE REST OF THE QUESTION ?

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3 years ago

Read 2 more answers

Department M had 2,000 units 59% completed in process at the beginning of June, 11,400 units completed during June, and 900 unit

satela [25.4K]

Answer:

Total equivalent units= 10,490

Explanation:

Equivalent Units

To apportion cost between work in progress and completed units in a particular period, we use equivalent units. Equivalents units are notional whole units which represent incomplete work and are used to apportion cost between completed units and work in progress

Equivalent Units = Degree of Completion × Units of inventory

Under the first in first out(FIFO) method, to account for the units of work completed the opening inventory are separated and distinguished from the units newly introduced in the period.

Another principle under this method is that only the percentage of work yet to be completed on the units of opening are done in the current period

Fully worked = 11,400 -2000 = 9400

The fully worked represents units of inventory started this current period and completed in the same period.

It implies that out of 11,400 completed in the period 2,000 units represent the opening inventory carried forward and the balance is fully worked

Item working Equivalent units

Opening inventory (100-59)%× 2000 = 820

Fully worked 100% × 9400 = 9400

Closing inventory 30% × 900 = 270

Total equivalent units 10490

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3 years ago