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NikAS [45]
3 years ago
14

What is the significance of price elasticity of demand to a producer​

Business
1 answer:
Bumek [7]3 years ago
5 0

Answer:

See the explanation below

Explanation:

Significance of price elasticity of producers:

  • useful in pricing decisions
  • when demand is elastic, firms have to reduce their price to earn more revenue
  • when demand is inelastic firms need to raise prices to earn more revenue
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What is the focus of fiscal policy?
HACTEHA [7]

Answer:

c

Explanation:

6 0
3 years ago
Read 2 more answers
Marit Brunsell deposited $50,000 at Bank of America at 8% interest compound quarterly. What is the effective rate (APY) to the n
Musya8 [376]

Answer:

EAR = 8.24%

Explanation:

EAR = (1+APR/n)^n-1

Where  n is number of compounding per year = 4

EAR = (1+8%/4)^4 - 1

EAR = (1 + 0.02)^4

EAR = (1.02)^4

EAR = 1.08243216 - 1

EAR = 0.08243216

EAR = 8.24%

5 0
3 years ago
An organization looking for general agreement on ethical practices might take what step?
Kisachek [45]

An organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>

<h3>What is establish an ethical code of conduct?</h3>

Ethical code of conduct can be defined as a set of guidelines, policy, rules and regulation that a person is expected to follow and abide by in an organization.

This code of conduct enables us to know the organization norms and values as well  what is right and what is wrong which in turn means that it enables us to know the right things to do and thing to to avoid.

The code of conduct encourage ethical act which is to be honest and to have integrity among others and as well discourage unethical behavior in an organization which is why most organization has ethical code of conduct that enables their employee or workers to known the ethical ways they should behave.

Therefore an organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>

Learn more about establish an ethical code of conduct here:brainly.com/question/28465686

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4 0
2 years ago
On January 1, year 4, Griffin, Inc. purchased 12% of Hydra Co.’s common stock. At that time Griffin did not have the ability to
cricket20 [7]

Answer:

Only 35% of the dividend arising from September to December, 2014 would be recognized as revenue in the income statement.

Explanation:

The remainder of the income is not relevant as it was accounted for under the market value method because the share holding was below the associate shareholding. Under the market value method, gain and losses on the increase and decrease of market value of investment are recognized in the comprehensive income statement.

The equity method says that the income from the investment is only recognized if the shareholding is above the shareholding requirement of associate. So from the month the investment was considered as an associate investment which is September, 2014 and onwards, the firm must recognize dividends received from this date as an income in its financial statement.

4 0
3 years ago
Which one of the following types of ownership termination allows each tenant to have a specific, divided portion (partition) of
castortr0y [4]

Answer:

Termination of Co-ownership by Partition

Explanation:

After intestate succession partakes in possession by a set of people, they become tenants in general . she does not, then when she goes, her share transfers to her descendants.

  • Each tenant in common may terminate his or her co-ownership by a legislative action termed a partition. In a partition action, the judge will attempt to physically split the estate among the co-owners in percentage to their corresponding additional shares.
7 0
3 years ago
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