1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Radda [10]
2 years ago
7

1. In your opinion, what do you think are the common thing that is found in all the elasticity

Business
1 answer:
kari74 [83]2 years ago
6 0

Answer:

Elasticity is an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service. A product is considered to be elastic if the quantity demand of the product changes more than proportionally when its price increases or decreases

You might be interested in
You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to app
earnstyle [38]

Answer:

10.16%

Explanation:

The computation of the effective return for this investment is shown below:

Let us assume that we invested an amount in Australian dollars 100

The return is 8%

After one year, the amount is 108

Now the converting amount is 110.16 (108 × 102%)

Now the effective rate for this investment is

= 110.16 - 100

= 10.16%

7 0
3 years ago
According to research on marital satisfaction in couples with children, the shape of the marital satisfaction curve across time
Art [367]
Increasing then decreasing.
6 0
3 years ago
Coronado Company had the following department information for the month: Total materials costs $55000 Equivalent units of materi
aniked [119]

Answer:

10.9 per unit

Explanation:

Total manufacturing cost per unit= Material cost per unit + Conversion cost per unit

Material Cost per Unit= Total materials cos / Equivalent units of materials

Material cost per unit = 55000 / 10000 = 5.5

Conversion cost per unit = Total conversion costs / Equivalent units of conversion costs

Conversion cost per unit = 81,000 / 15000 = 5.4

Hence, Total manufacturing cost per unit = 5.5 +5.4 = 10.9 per unit

7 0
3 years ago
On September 1, Year 1, Great Lakes Equipment receives $24,000 from a customer for work to be performed evenly over the next 2 y
posledela

Answer:

Great Lakes should recognize on the income statement for the year ending December Year 1 $4,000

Explanation:

The income statement only recognize the amount of money that was generated during the period of the income statement.

If the company invoiced by month, it only recognize the total amount for the last four months of the year.  

7 0
3 years ago
Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works over
Citrus2011 [14]

Answer:

Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works overtime, she will not be offered a promotion in the next 10 years. In this scenario, Ruth's beliefs are in accordance with the expectancy theory.

6 0
3 years ago
Other questions:
  • The margin of safety is the amount that sales can drop before the company incurs a loss.
    5·1 answer
  • Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboyga
    15·2 answers
  • Cosmeticon, a U.S.-based firm, has recently started exporting cosmetics to India. Cosmeticon has introduced a new range of miner
    8·2 answers
  • The ________ is used in part used to inform prospective buyers about the benefits of the product. a. promotional mix b. promotio
    10·1 answer
  • When individuals or groups are in the process of purchasing a company, this action is known as being a stakeholder.?
    6·1 answer
  • The primary responsibility of the board of directors is to ___ . a. tell all the managers what to do b. oversee the affairs of t
    5·1 answer
  • Selma operates a contractor's supply store. She maintains her books using the cash method. At the end of 2020, her accountant co
    15·1 answer
  • I'm pretty sure I am about to get kicked off of this site;)
    7·2 answers
  • Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Pro
    7·1 answer
  • How to find users you wanna add
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!