Discuss this statement: "Business competition encourages improved product quality and increased customer satisfaction

The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%

Natalka [10]

Answer:

C) luxury item, an increase

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

An elastic demand means a small change in price leads to a greater change in quantity demanded.

A luxury good is a good that isn't a necessity. They are usually bought as a status symbol.

Luxury goods usually have elastic demands.

Emeralds are luxury goods and if there's a fall in price of emeralds the quantity demanded of emeralds would rise.

I hope my answer helps you

8 0

2 years ago

Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others.

hammer [34]

The two career pathways that imogene is best suited for is: National Security and Governance.

<h3>What is National Security and Governance?</h3>

National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.

Based on the scenario given Imogene should go choose National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.

Therefore The two career pathways that imogene is best suited for is: National Security and Governance.

Learn more about National Security and Governance here:brainly.com/question/25375059

#SPJ1

8 0

1 year ago

Sandhill Company had cash receipts from customers in 2020 of $117,140. Cash payments for operating expenses were $104,320. Sandh

andriy [413]

Answer:

(a) service revenue = $117,920

(b) operating expenses = $98,110

Explanation:

The computations are shown below:

a. For service revenue

= Cash receipts from customers + ending balance account receivable - beginning balance of accounts receivable

= $117,140 + $15,400 - $14,620

= $117,920

b. For operating expenses

= Cash payments for operating expenses + beginning balance of prepaid expense - ending balance of prepaid expense

= $104,320 + $20,400 - $26,610

= $98,110

3 0

3 years ago

Gordon was a computer programmer for Hi-Tech Solutions, a corporation with 100 employees. He developed carpal tunnel syndrome an

malfutka [58]

Answer:

Gordon and Hi-Tech Solutions

Under these circumstances, Gordon is entitled to reasonable accommodations, which his employer can offer him, under the ADA. The accommodations may involve assigning him to work that may not require the use of a keyboard to type and ensuring that he does not lose his position as a result of his physical condition.

Explanation:

Protections are offered to workers like Gordon who develop physical or mental disabilities prior to and during employment under the Americans with Disabilities Act. It attempts to ensure that Americans with disabilities are not put to disadvantage or out of employment because of their disabilities. Instead, reasonable accommodations are offered to such workers to ensure that they can continue to earn a living.

7 0

2 years ago

Company XYZ closed at $ per share with a P/E ratio of . Answer the following questions. a. How much were earnings per share?

uysha [10]

Answer:

Hello your question is incomplete below is the complete question

Company XYZ closed at $53.02 per share with a P/E ratio of 14.02 .

Answer :

A) $3.79

B) underpriced

Explanation:

Given data:

Closing price ( price per share ) = $53.02

P/E ratio = 14.02

A ) How much earnings per share

Earnings per share = price per share / (P/E) ratio

= 53.02 / 14.02 = $3.79

B) To check if the stock is overpriced, underpriced or about right

i) At P/E ratio = 12

Earnings per share = 53.02 / 12 = $4.43

Earning yield = ( earning per share / market value ) * 100

= ( 4.43 / 53.02 ) * 100 = 8.33%

ii) At P/E ratio = 13

Earnings per share = 53.02 / 13 = $4.09

Earning Yield = ( earning per share / market value ) * 100

= (4.09 / 53.02 ) * 100 = 7.69%

iii) At P/E ratio = 14

Earnings per share = 53.02 / 14 = $ 3.8

Earnings yield = ( earning per share / market value ) * 100

= ( 3.8 / 53.02 ) * 100 = 7.14%

The average of the earning yield given P/E ratio is 12-14

= ( 8.33 + 7.69 + 7.14 ) % / 3 = 7.72%

while The earning yield given P/E ratio is 14.02

= ( earning per share / market value ) * 100

= ( 3.79 / 53.02 ) * 100 = 7.12%

Therefore the stock is underpriced

4 0

2 years ago