For ......................Income tax
Based on the information given the amount of quick assets is $128,694.
Using this formula
Quick assets = Cash + Marketable securities + Accounts receivable
Where:
Cash=$16,106
Marketable securities=$37,992
Accounts receivable=$74,596
Let plug in the formula
Quick assets =$16,106 + $37,992+ $74,596
Quick assets = $128,694
Inconclusion the amount of quick assets is $128,694.
Learn more about quick assets here:brainly.com/question/11209470
Answer:
D. estimate price elasticity of demand by experimenting with different prices
Explanation:
Price elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
Demand is unit elastic if a change in price has the same proportional change on quantity demanded.
By experimenting with different prices and monitoring the different quantities demanded at each price, a new firm can determine the elasticity of demand for their product.
Price controls are set at the discretion of the government and not by firms.
Shortages imply they quantity demanded exceeds quantity supplied. It doesn't give any information on elasticity of demand.
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