Answer:
O Concert tickets
Explanation:
Elastic demand is the demand that is highly responsive to changes in prices. A small change in price causes the demand to change by a big proposition. When the demand is elastic, the change in demand is not propositional to changes in price.
Non-essential goods tend to have elastic goods. These are the goods that consumers can survive without. Demand for non-essential tends to decrease or increase in a big proposition when prices rise or fall by a small margin. From the list provided, concert tickets are non essential goods.
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Answer:
b. establishing goals, roles, and requirements
Explanation:
This will go a long way tonenhance performance. Goals formation will give a sense of direction for the employees. Assigning Roles makes them responsible for an action
<u>Solution and Explanation:</u>
a) <u>The Sales budget
</u>
January February March
Sales revenue 120000 126000 132300
(120000 multiply with 1.05) (126000 multiply 1.05)
b) The Sales revenue = 120000 plus 126000 plus 132300 = 378300
<u>c) The Schedule of the Cash receipt
</u>
January February March
Receipt from January Sales 84000 24000 12000
Receipt from February Sales 88200 25200
Receipt from March Sales 92610
Total 84000 112200 129810
d) The Account receivable is c = 
= 52290
Answer:
B) $4,210 billion.
Explanation:
We will use the expenditure approach to calculate GDP. The formula is:
GDP = Consumption + Investment + Government Spending + Net Exports (Exports - Imports)
Now we take from the question the relevant information:
Consumption
Expenditures for consumer goods and services $2,850
Investment
Gross investment $700
Government Spending
Government purchases of goods and services $810
Net Exports
Exports $300
Imports $450
Net Exports: ($150)
Now, we plug these amounts into the formula:
GDP = $2,850 + $700 + $810 + ($150)
GDP = $4,240 Billion
