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dem82 [27]
3 years ago
12

Read the attached file

Business
1 answer:
Ulleksa [173]3 years ago
4 0

Answer:

1)

A good without any good substitutes is likely to have a relatively low elasticity of demand. Low elasticity of demand means that consumers cannot replace the good with substitutes when the price goes up.

2)

The yacht is likely to have the more elastic demand because it is a luxury good that people can easily forgo in case they do not have enough income. An amputation procedure for a diabetic on the other hand, is a medical issue that is will have an extremely inelastic demand. In other words, patients will pay any necessary amount for the procedure, because it is vital for their lives.

3)

Food as a whole will be the least elastic because people cannot go without food, and it is one of the most basic necessities that need to be covered.

Vegetables will be in between. They are one essential food group, but they could be replaced in some cases.

Red bell peppers is the most elastic good because it is akin to a luxury good in the sense that is not objectively necessary to consume for anything other than flavor, and as a spice, it has many close substitutes.

4)

The demand for natural gas will tend to be less elastic in the short run than in the long run. In the short-run, people will have to continue buying natural gas even if the price rises, but in the long-run, many people will opt for other alternatives like electric cars.

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Answer:

<u>involuntary employment</u>

<u>Explanation:</u>

The Post-Keynesianism view is that effective demand is the main determinant of economic performance.

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For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to <u>involuntary employment.</u>

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3 years ago
A company has grown in size to the point that it is expanding its operations
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Answer:

A company has grown in size to the point that it is expanding its operations

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3 0
3 years ago
Read 2 more answers
Randolph is a 30 percent partner in the RD Partnership. On January 1, RD distributes $15,000 cash and inventory with a fair valu
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Answer:

$2,000 capital loss

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3 years ago
Joey wants to buy a $3,000 vehicle with 20 percent down for three years at 12 percent interest. what will his monthly payment be
Gnoma [55]

Joey wants to pay for a $3,000 automobile over three years at a 12.5% interest rate with a 20% down payment. His monthly payment will be $79.70.

<h3>What is interest rate?</h3>

The proportion that the lender charges as payment for the loan is known as the interest rate. The annual percentage rate, or APR, seeks to depict the cost of borrowing more accurately. The interest rate, fees, and discount points are all factored into the APR calculation.

<h3>What is the purpose of the interest rate?</h3>

An interest rate informs you of how much borrowing will cost you and how much saving will pay off. Therefore, the interest rate is the amount you pay for borrowing money and is expressed as a percentage of the entire loan amount if you are a borrower.

Learn more about interest rate: brainly.com/question/13324776

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5 0
2 years ago
Which two of the following tips are important to remember when writing a resume?
jonny [76]
<h2>The two of the following tips that are important to remember when writing a resume are: A) be clear and concise in the descriptions you use</h2><h2>D) use bullet points to organize your thoughts </h2>

Explanation:

Our resume should be clear and concise. If the resume is longer than one page, the employer may not go through it. One page resume shows that you are concise, clear, and to the point.

There should be absolutely no typos as spell check doesn’t fix everything!.

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7 0
3 years ago
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