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Reil [10]
3 years ago
13

3) When there are more substitutes for a product, the ________ for the product is ________. A) demand; less price elastic

Business
1 answer:
balu736 [363]3 years ago
6 0

Answer:

Explanation:

When there are more substitutes for a product, the demand for the product is more price elastic. The implication of this is that the demand of such product will drop when there is increase in it price because people can get another product which will play the same role with the previous at a lesser price. Hence, the demand for the product vis more price elastic.

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The use of mathematical tools such as the application of linear programming for optimizing operations and the statistical proces
sergey [27]

Answer:

The correct answer is d. management science.

Explanation:

The administration and management sciences, should not be confused with administration and management practices, constitute an autonomous body of knowledge that aims to clarify the collective behavioral actions of organized human groups, which result in the creation of companies, associations, administrations, etc. The administration and management sciences are action and decision sciences, which are supported and articulated in numerous disciplines of the exact sciences and human sciences.

The administration and management sciences group disciplines such as finance, human resources, marketing, accounting, information systems, logistics, entrepreneurship, organizational theory, business strategy, marketing strategy, etc.

7 0
4 years ago
Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $1
gogolik [260]

Answer:

The amount of cash for the payment of dividends during the year is B. $40,000

Explanation:

To Determine the amount of cash for the payment of dividends during the year, we open a Dividends Payable T - Account and find the amount via <em>missing figure approach</em> as follows:

Debits :

Cash (<em>Balancing figure</em>)                          $40,000

Ending of year Dividends Payable          $15,000

Totals                                                        $55,000

Credits :

Beginning of year Dividends Payable    $10,000

Dividends declared during the year      $45,000

Totals                                                        $55,000

4 0
4 years ago
Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal facto
BARSIC [14]

Answer:

$1120

Explanation:

The computation of the GDP is shown below:

Y = C + I + G + X

Here Y denotes the GDP

C denotes the consumption = $500 - $80 - $20 = $400 and  700 - 50 = $650

I denotes the investment  = $

G denotes the government purchase = $20

X denotes the net exports = $50

So,  

Y = $400 + $650 + 0 + $20 + $50

= $1120

8 0
3 years ago
The interest rate for this lease is 11%. the payments are due on december 31 of each year. the first payment was made on decembe
Artist 52 [7]
So what is the question? This is just a statement.
4 0
4 years ago
Which statement is FALSE?
morpeh [17]

Answer:BB

Explanation:b

3 0
3 years ago
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