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Alina [70]
3 years ago
6

What is a public enterprise?answer the question ✌​

Business
1 answer:
Sergeeva-Olga [200]3 years ago
7 0
A public enterprise is an industrial or commercial undertaking which the government owns and manages. Also, the primary objective of such an enterprise is social welfare and upholding the interest of the general public
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Demand for a good is said to be inelastic if the quantity demanded increases substantially when the price falls by a large amoun
g100num [7]

Answer:

This is a false statement.

Explanation:

Price has certain effect on the demand of a product.

An increase in price may lead to higher demand while an decrease in price may lead to lower demand.

The increase or decrease in demand following the fall or rise in price varying amount different products.

Product demand is said to be elastic when a change in price has relatively big effect in the demand while it is said to be inelastic when a change in price lead to little change in demand of a product.

As a result, the statement quote in the question is false. Demand for a good should be said to be elastic instead given the quantity demanded increases substantially when the price falls by a large amount.

7 0
4 years ago
Remeber it does not matter what people say about you, bc God loves you. Never think that no one loves you bc someone always will
Fed [463]

I appreciate this message a lot, thank you!

I wish more people were actually wholesome like you, we need more of this on the platform!

8 0
3 years ago
huey has eaten two hamburgers and is considering a third. the marginal benefit in his decision is the pleasure from consuming
pochemuha

Huey has eaten two hamburgers and is considering a third the marginal benefit in his decision is the pleasure from consuming just the third hamburger.

A hamburger, or simply burger, is a dish made up of a patty of ground meat—typically beef—that is sandwiched between two slices of bread. Hamburgers are commonly placed on sesame seed buns and frequently come with cheese, lettuce, tomato, onion, pickles, bacon, or chilis. They may also come with ketchup, mustard, mayonnaise, relish, or a "special sauce," which is frequently a variant of Thousand Island dressing. A cheeseburger is a hamburgers with cheese on top. Fast food outlets, diners, specialty eateries, and upscale restaurants are frequently where you can find hamburgers. Burgers come in a wide variety of national and local varieties.

Learn more about Hamburger here:

brainly.com/question/13198246

#SPJ4

4 0
2 years ago
Tunebeak, a fast food service chain, wants to introduce a new product. However, it lacks the financial support required to promo
Flura [38]

Answer:

B. Factoring

Explanation:

Factoring is a financial transaction in which a business sells its accounts receivables to a third party (mostly financing firms) at a discount. Accounts receivable is a record of money customers owe to the company for sales made on credit.

The company sells its future cash-flow owed by it's customers, in return for cash upfront but the cash received is less than the amount it would've received in accounts receivable later because the financing company charges  that amount of providing cash (liquidity) to the company.

Factoring is not considered a loan, as the parties neither issue nor acquire debt as part of the transaction.

So the short-term financing option utilized by Tunebeak is Factoring.

7 0
3 years ago
Read 2 more answers
For an organization with annual sales of $500 million, purchases of $300 million and profit of $75 million, a 15 percent reducti
Step2247 [10]

Answer: B. 60 percent (sales increase of 60 percent would be required to achieve the same percentage increase in profit).

Explanation:

Annual sales = $500,000,000

Purchases = $300,000,000

Revised purchases = $300,000,000 × (100% - 15%) = $300,000,000 × 85%

= $255,000,000.

Current profit = $75,000,000

Current profit percentage = $75,000,000 / $500,000,000

= 15%

Additional profit due to the reduction in the purchases = Purchases - Revised purchases

= $300,000,000 - $255,000,000

= $45,000,000

Additional sales made = $45,000,000 / 15% = $300,000,000.

Profit Leverage effect = $300,000,000 / $500,000,000 = 0.6 = 60%

Therefore,the correct option is B.

7 0
3 years ago
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