Which of the following is an example of a good with elastic supply in the short run?

You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a stron

SCORPION-xisa [38]

Below is the complete question:

CANDIDATE: Thank you for agreeing to conduct some research to assess my potential as a candidate in the upcoming election.

CONSULTANT: You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a strong field, it is going to be difficult to gain the _______ of votes necessary to avoid a runoff unless you want to go negative from the start.

Answer:

Majority

Explanation:

The reality is that with such a strong field, it is going to be difficult to gain the MAJORITY of votes necessary to avoid a runoff unless you want to go negative from the start.

8 0

3 years ago

If customer 2 has a service time of 1.6, and if customer 3 has an interarrival time of 1.1 and a service time of 2.3, when will

Ivan

Your answer should be: "There is not enough information to answer." Hope I helped! :)

3 0

3 years ago

Exercise 11-1 (Algo) Depreciation methods [LO11-2] [The following information applies to the questions displayed below.] On Janu

Dvinal [7]

Answer:

Straight line depreciation expense each year of the useful life would be $9,600

The double declining method

Deprecation expense in December 2021 = $20,800

Depreciation expense in 2022 = $12,480

Depreciation expense in 2023= $7488

Depreciation expense in 2024 = $4,492.80

Deprecation expense in 2025 = $2695.68

Explanation:

Straight line depreciation method = (Cost of asset - Salvage value) / useful life

Cost of asset = $52,000

Salvage value = $4,000

Useful life = 5

($52,000 - $4,000) / 5 = $9,600

The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.

So the deprecation expense each year would be $9,600.

Double declining depreciation method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

2 × (1/5) = 0.4

Deprecation expense in December 2021 = 0.4 x $52,000 = $20,800

Net book value = $31,200

Depreciation expense in 2022 = 0.4 x $31,200 = $12,480

Net book value = $31,200 - $12,480 = $18,720

Depreciation expense in 2023 = 0.4 x $18,720 = $7488

Net book value = $18,720 - $7488 =$11,232

Depreciation expense in 2024 = 0.4 x $11,232 = $4,492.80

Net book value = $11,232 - $4,492.80 = $6,739. 20

Deprecation expense in 2025 = 0.4 × $6,739. 20 = $2695.68

I hope my answer helps you

3 0

3 years ago

Which of the following scenarios would be included in GDP? Pam buys a new 40-inch television at Walmart. Sandra is a waitress at

kkurt [141]

Answer:

A. Pam buys a new 40-inch television at Walmart.

Explanation:

Gross Domestic Product is the sum monetary value of goods and services purchased in a country within a specific length of time. It can be calculated on an annual or quarterly basis. It helps economists in making decisions. The GDP has to be recorded so that it can be accounted for. The GDP is calculated based on income, expenditure, or production.

From the options given, only Pam has performed an activity that can be rightly included in GDP. This is because she purchased an item (expenditure) that would be recorded by the supermarket and eventually accounted for in the country's GDP.

3 0

3 years ago

Imagine that you invest $100,000 in an account that pays 5.9% annual interest compounded monthly. What will your balance be at t

kodGreya [7K]

The compound interest formula is: $A= P(1+ \frac{r}{n} ) ^{nt}$
Where:
A is the amount you will have.
P is the money you are investing.
r: is the interest rate (in decimals)
n: number of times the interest is compounded per year
t: time (in years)

The first thing is converting the rate from percentage to decimal:
$\frac{5.9}{100} = 0.059$

Since the interest is compounded every month and a year has 12 months n=12.

Now we can replace the values in our formula:
$A=100000(1+ \frac{0.059}{12} ) ^{(12)(18)}$

We can simplify the exponents to get:
$A=100000(1+ \frac{0.059}{12} ) ^{216}$

Finally, we can use our calculator to get 288463.33

After 18 your balance in your bank account will be $288463.33

4 0

3 years ago