Answer:
In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”
Explanation:
Answer:
Securities Exchange Commission (SEC)
Explanation:
Securities Exchange Commission (SEC) have a mission of protecting investors, ensuring a fair and efficient market, and encourage capital formation.
They monitor participants in the securities markets by ensuring there is disclosure of important information regarding the market, maintain fair dealing, and protect participants against fraud.
Therefore SEC has the authority over the accounting and financial disclosures for companies whose shares of ownership (stock) are traded and sold to the public.
These measures are in place to protect investors.
What, you just told yourself the answer
Answer: B is correct
Explanation:
Sales salaries will increase by exactly 5%. The per-unit commission amount will remain constant, but sales commissions in total are expected to increase by 10%. Thus, total sales salaries and commissions will increase somewhere between 5% and 10%.
Answer:
Inelastic
Explanation:
Business products refers to the type of products that is sold in order to be used for other business establishment.
Examples: Machineries, Office Spaces, Accounting software.
Business products tend to be needed regardless of what type of industry you're in and the provider for business products tend to be really limited. Because of this, the buyers for business products tend to remain stagnant even if the price of the products increased.
This is why most business products tend to have inelastic demand.
