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kirill [66]
3 years ago
14

Perfect elasticity and zero elasticity refer to the same event, which occurs when quantity demanded or quantity supplied change

by an infinite amount in response to any change in price.
a) true
b) false
Business
1 answer:
larisa86 [58]3 years ago
5 0

Answer:

b

Explanation:

perfectly elasticity is when at an existing price quantity demanded can increase or decrease.the numerical co efficient is always infinity ♾️

You might be interested in
When total revenues fall below total costs, production should end. However, if marginal revenue exceeds variable cost, productio
const2013 [10]

Answer:

False

Explanation:

A firm should end production and shut down only when its total revenue falls below variable costs, because at this point, production will bring about more losses, compared to if the company isn't producing at all.

<u>If total revenue exceeds and can cover its variable cost, a firm should remain in operation in the short run</u> (even if it is incurring losses), as this contributes to paying off the firm's fixed costs.

8 0
3 years ago
For the purchase of a smartphone, an independent rating agency indicates that many consumers use price, display, camera quality,
Juliette [100K]

Quality is used to assesses the dimension of the products for reaching its fame among customers.

<u>Explanation:</u>

  • The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.  
  • Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance,  price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
3 0
3 years ago
Consider the multifactor APT with two factors. Stock A has an expected return of 17.6%, a beta of 1.45 on factor 1, and a beta o
ehidna [41]

Answer:

The risk premium on factor 2 = 9.26%.

Explanation:

Let us denote the risk premium of factor 2 as x

Below is the formula we can use to calculate the risk premium of factor 2.

Expected return on stock = (Beta (factor 1)* expected return of 1) +(beta of 2x * risk free reate)

17.6% = (1.45*3.2%) + 0.86x+5%

17.6 = 4.64 + 0.86x+5%

17.6 - 4.64 - 5= 0.86x

7.96 = 0.86x

x = 7.96/0.86 =9.2558

The risk premium on factor 2 = 9.26%.

5 0
4 years ago
Describe how surveillance of our telephones has changed over the years. explain what is different about how silicon valley compa
katrin2010 [14]

Answer:

All communication way back used to be wiretapped, but now companies have been able to encrypt their data for protection of their information against wiretapping.

Companies like silicon valley has taken the bold step in securing their data from been hacked.

The back door is risky because if a person or people exposes their information to others, their information will be at risk because of hackers who might exploit their privacy or sensitive documents.

Finally, the idea of devices to be wiretapped is not a good idea, because most people want heir privacy, for this it is termed illegal to access one's privacy without the authorization from the person.

Explanation:

Solution

Before now all communication used to be wiretapped. presently, companies are encrypting data , for the purpose of this data to not be easily wiretapped.

Silicon valley companies have secured their devices through encryption unlike other companies. what this implies is that it will be tough for police to arrest criminals, but the normal or average people will have capacity to communicate or interact much better.

The back door method is risky because, presently in today's world there are people that are specialist in hacking, so if no backdoor exist, then there will be no room for anyone to hack into someone's phone.

It is considered a risk if your phone is exposed to others to easily access your private information.

I don't like the idea for devices should be wiretapped, this is because people need their privacy, they can't have that when their phones are wiretapped.

In general it is illegal and not right.

6 0
3 years ago
27. Person X pushes twice as hard against a stationary brick wall as person Y. Which one of the following statements is correct?
lbvjy [14]

Answer:B Both do positive work, but person X does twice as old as person Y

Explanation:

It means X has put in double the efforts of Y. That for every one efforts of Y, X does two and for every two he does four etc

8 0
4 years ago
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