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2 years ago

An increase price caused no change in quantity demanded. Thus, demand must be

Business

1 answer:

NNADVOKAT [17]2 years ago

8 0

Answer:

Perfectly inelastic

Explanation:

A demand is perfectly inelastic when quantity demanded does not change in response to a change in price.

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In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Japanese adult non-institutionalized p

tigry1 [53]

Answer: 59.27% and 4.77%.

Explanation:

Given that,

In the year 2009:

Japanese adult non-institutionalized population = 110.272 million

Labor force = 65.362 million

Number of people employed = 62.242 million

Japanese labor-force participation rate = $\frac{Total\ labor\ force}{Total\ population}$

= $\frac{65.362}{110.272}$

= 0.5927 or 59.27%

Unemployment rate = $\frac{Total\ labor\ force - Number\ of\ people\ employed }{Total\ labor\ force}\times100$

= $\frac{65.362 - 62.242}{65.362}\times100$

= 4.77%

7 0

2 years ago

This scenario is an example of how a shift in demand can be created by---

tester [92]

Answer:

Explanation:

I got this answer due to how the costumer preference had nothing to due with the price

4 0

3 years ago

Type the correct answer in the box. Spell all words correctly. Whar happens to you tax liability with proper financial planning?

Shalnov [3]

Answer:

Minimize

Explanation:

With proper planning, you can minimize your tax liability which means owe less taxes at the end of the year if you are smart about what purchases you make and when you make it and such which falls under proper finanicial planning.

6 0

3 years ago

Read 2 more answers

Direct materials for the month amounted to $111,500. Direct labor for the month was $206,500. During the month, 12,500 units wer

Alenkinab [10]

Answer:

1. Total Production Cost = $413400

2. Cost per unit of production for the previous month = $25.44

Cost per unit of production for the next month = $25.44

Explanation:

GIVEN:

Direct Material for 12,500 unit = $111,500

Direct Labor for 12,500 unit = $206,500

Calculate:

Direct Material for 16,250 unit = $111,500*16,250/12,500 = $144,950

Direct Labor for 16,250 unit = $206,500*16,250/12,500 = $268,450

Total Production Cost = Direct labor + Direct materials + Factory Overheads

Total Production Cost = $144,950 + $268,450

Total Production Cost = $413,400

Cost per unit of production = Total Production Cost / Total unit

For Previous month = ($111,500 + $206,500) / 12,500

= $318000/ 12,500

= $25.44

For Next month = ($413400) / 16,250

= $25.44

6 0

3 years ago

Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $99,000; May, $129,000; and June, $139,000. P

Luba_88 [7]

Answer and Explanation:

The preparation of a schedule of budgeted cash payment for the three months i.e April, may and June is presented below:

Particulars April May June

Purchase $99,000 $129,000 $139,000

Payment made in

Latest Month (70%) $69,300 $90,300 $97,300

Payment made in

Next Month (30%) $29,700 $38,700 $41,700

Cash Disbursements

Particulars April May June

Payment made in

Current Month (70%) $69,300 $90,300 $97,300

Add:

Last Month

Purchases (30%) $41,000 $29,700 $38,700

Budgeted

Cash Payments $110,300 $120,000 $136,000

3 0

3 years ago