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
Fudgin [204]
2 years ago
12

Explain 3 factors that change supply elasticity.

Business
1 answer:
vazorg [7]2 years ago
6 0

Answer:

There are numerous factors that impact the price elasticity of supply including the number of producers, spare capacity, ease of switching, ease of storage, length of production period, time period of training, factor mobility, and how costs react.

You might be interested in
Mahmoud wants to start a business making designer chairs. To do this he will need:​
prisoha [69]
Mahmoud will be needing many things such as. A loan of money , Maybe a wed site to spread him company so more people can see it and materials to build chairs such as wood , springs , foam.
4 0
2 years ago
Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action fl
Ray Of Light [21]

The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.

<h3>What is Opportunity Cost?</h3>

Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.

The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.

Learn more about Opportunity Cost here:

brainly.com/question/12121515

#SPJ1

7 0
1 year ago
Developing, pricing, promoting, and delivering services is challenging because the quality of a service is often A. inseparable.
ZanzabumX [31]

Answer:

B. inconsistent

Explanation:

Marketing mix refers to a blend of those key marketing facets which increase consumer purchases.

Marketing mix is often emphasized by it's 4 P's i.e Product, Price, Place and Promotion.

Product is a bundle of attributes and utilities, price refers to the consideration received or receivable, promotion refers to sales promotion and advertisement channels while place refers to delivery or location where the buyer gets the product.

In case of a service, which is intangible unlike a product, it's quality and delivery is dependent upon it's provider. And since no two individuals can render exactly the same kind of service, owing to varied individual capabilities, the quality of a service is usually inconsistent or say unequal.

8 0
3 years ago
What is a depository institution?
Maslowich

A depository institution is a financial institution in the United States.

7 0
3 years ago
A lender is willing to provide a loan equal to 80% of a property worth $360,000. If such a loan carries an interest rate of 7.5%
lukranit [14]

Answer:

B) $11,750

Explanation:

annual mortgage payment = net operating income - (outstanding loan balance x loan payment factor)

outstanding loan balance = property value x loan percentage

annual mortgage payment = $40,000 - [($360,000 x 80%) x 0.09809] = $40,000 - ($288,000 x 0.09809) = $40,000 - $28,250 = $11,750

5 0
3 years ago
Other questions:
  • The article describes many ways you can communicate supportively by being assertive. Consider the following defensive comment "Y
    7·2 answers
  • George is selling his house. he received an offer from katie for $200,000 but decided to counter-offer for $210,000. what does t
    11·2 answers
  • Grandma's Bakery wants to begin selling gluten-free products and vegan products. The C-Suite executives have made the decision a
    5·1 answer
  • When a tourist goes to a bank in a foreign country to convert money into the local currency, the exchange rate used is the forwa
    10·1 answer
  • A company or department may standardize with a specific ____ so that all of their documents have a similar appearance.
    9·1 answer
  • As the result of an increase in capital the demand for labor would_______, the supply of labor would ________, and the quantity
    8·1 answer
  • Which of the following are finance careers?
    6·1 answer
  • 2. An employee has filed a discrimination lawsuit, because although fully qualified, he was not hired for a
    8·1 answer
  • Gary, Peter, and Chris own a firm as partners. Gary has a capital balance ofâ $22,000; Peter a capital balance ofâ $42,000; and
    13·1 answer
  • When rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of: a. increasing
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!