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3 years ago

The demand function is given by

Business

1 answer:

Jlenok [28]3 years ago

5 0

Answer:

Q=120−4P

Explanation:

putting P = 20 we get

q= 40

we know that elasticity is quantity demanded / price

hence the correct option: D

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How many people see fights at school and put the video on this

serious [3.7K]

You cant put videos on this app

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2 years ago

Fixed cost refers to: Group of answer choices the consideration exchanged for the ownership or use of a good or service. total e

Goryan [66]

Answer:

Expenses that are stable and do not change with the quantity of products that is produced and sold

Explanation:

Fixed cost refers to cost that do not change with the level of output. They are otherwise known as overheads or indirect costs and are expenses that are not dependent on the out level of produce by the business.

In addition, fixed cost are also cost that has to be incurred by the business independent of business activities.

Examples of fixed costs are rent, cost of business , loan payments, insurance premiums, salaries etc. All these do not vary with the level or number of units produced or sold.

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3 years ago

At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,

Alex73 [517]

Answer:

E $21,903

Explanation:

Formula:

Net working capital: Current assets - Current liabilities

At the beginning of the year the net working capital was:

Net working capital: Current assets - Current liabilities

Net working capital: 121,306 - 124,509

Net working capital: -3,203

At the end of the year the net working capital was:

Net working capital: Current assets - Current liabilities

Net working capital: 122,418 - 103,718

Net working capital: 18,700

The difference between the beginning and final net working capital was:

Difference: Final NWC - Inicial NWC

Difference: 18,700 - (-3,203)

Difference: 18700 + 3,203

Difference: 21,903

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3 years ago

The Single European Act was put in place in an attempt to Multiple Choice convince Great Britain to remain in the EU. determine

Pani-rosa [81]

Answer:

Remove all impediments to the formation of a single market.

Explanation:

The Single European Act was signed in Luxembourg and the Hague in 1986.

The goal fo the Act was to create a single market by 1992 among the members of the European Community.

A single market is an economic bloc when barriers to the transit of goods and services, and to the transit of the factors of production (labor and capital).

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3 years ago

. Archie can claim total deductible medical expenses that exceed 7.5% of his adjusted gross income. a. True b. False

Thepotemich [5.8K]

The correct answer is; False, as of 2020.

Further Explanation:

In the previous tax years, 2017-2018, this statement would of been correct. Archie could of claimed his total deductible medical expenses that exceeded 7.5% of his AGI. However, the laws changed for 2019 and this is no longer the correct way to claim medical expenses.

For the 2019 taxes, a person can only deduct any expenses that amount to over 10% of the total AGI per person. The deduction can be figured by taking your AGI and multiplying this total by 10%. The deductions will also have to be itemized before claiming.

Learn more about medical deductibles at brainly.com/question/1845375

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3 0

3 years ago