Answer:
The correct answer is the option D: is equally price inelastic in both the short run an long run as there are not many substitutes for crude oil.
Explanation:
To begin with, the concept called <em>''price elasticity of demand''</em> in the field of economic, refers to the variation that happens in the quantity demanded of a product when its price changes. Moreover, this theory establishes that goods could be either price elastic or price inelastic. In addition to that, the products that are price elastic are the ones whose quantity demanded changes when a variation in its price occur, meanwhile <u>the products that are price inelastic are those whose quantity demanded do not changes when a variation in its price happen</u>.
In conclusion, the demand for crude oil is equally price inelastic in both the short and long run as there are not many substitutes for crude oil and <u>therefore the people will still continue to consume it no matter how many changes in its price will happen, due to its uniqueness.</u>
These new building codes represented focal alternatives that building materials companies used to develop new products.
<h2>How did the federal government respond to Hurricane Sandy?</h2>
In the aftermath of Hurricane Sandy, the federal government responded by doling out more than $60 billion in total emergency spending, an appropriation process driven strongly by politics.
<h2>What were some of the biggest issues arising after Hurricane Sandy?</h2>
One of the main problems following Hurricane Sandy was the fact that many people who chose not to leave lacked the supplies necessary for survival. The fact that the order to evacuate New York City came extremely late in the process, as it did during Hurricane Katrina, did not assist.
<h3>Where did the NRC monitor Hurricane Sandy's progress?</h3>
The NRC kept an eye on Sandy's progress both before and throughout the storm from the Incident Response Center at its Region I office in King of Prussia, Pennsylvania, as well as from the Operations Center at its main office in Rockville, Maryland.
Learn more about Hurricane Sandy:
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Publix is most likely in a(n) Recession.
Explanation:
A recession is as much a danger and a chance.The very worst situation is that a marketer reduces an ad budget while a rival raises the advertising budget. Because the costs of newspapers continue to drop considerably more quickly than most businesses, advertising ROI is often increasing in a recession.
A recession seems to be a surprise and inefficient companies are allowed to leave, however new firms will develop in recession. Declining asset prices may make buying a house cheaper. Better investors for the first time.
Answer:
c. The difference between the total debits and total credits for an account including the beginning balance.
Explanation:
An account wil be a concept of reality represent under a given label which, contains information about transaction that modifies their valuation in the company.
This means, there is something that can be measure in a monetary units.
There are transaction which increase their total value
and transaction which decreases his value.
All those transaction combined generate an ending balance, which is the state of the account at the given date.
For example
Mechandise Inventory: this account represent the inventory ready to sale for the business.
purhcase of inventory increase this account
sales from the business activities decreases it.
the ending balance will be the net effect fo the purchase and sales.
Answer: any accounting guidance included in the FASB Codification
Explanation:
GAAP is an acronym that implies generally accepted accounting principle. They are the rules that are used in accounting to guide businesses and corporate bodies.
It should be noted that the GAAP is used by The Financial Accounting Standards Board as the basis for its practices. Therefore, GAAP comprises of any accounting guidance included in the FASB Codification.
