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andrew11 [14]
2 years ago
8

A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We

can conclude that: The elasticity of demand can be estimated as Answer
Business
1 answer:
kipiarov [429]2 years ago
7 0

Answer:

Estimated as Elastic Demand

Explanation:

Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

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Ahnberg Corporation had 560,000 shares of common stock issued and outstanding at January 1. No common shares were issued during
AnnyKZ [126]

Answer:

Basic earnings per share = $1.7

Diluted earnings per share = $1.03

Explanation:

Basic earnings per share = (Net Income - preferred dividends)/Weighted average shares outstanding

Basic earnings per share = (1,060,000-108,000)/560,000

Basic earnings per share = $1.7

Diluted earnings per share = [Net Income - preferred dividend]/(outstanding shares+Diluted Shares)

Diluted earnings per share = (1,060,000-108,000) / (560,000+360,000 )

Diluted earnings per share = $1.03

6 0
3 years ago
A ______ inventory turnover ratio may result in a reduction in storage and obsolescence costs as well as reduced borrowing.
Andrews [41]
The answer is higher so it’s higher
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3 years ago
The job outlook for physical therapists
dusya [7]

The job outlook for physical therapists B. depends on the economy. Jobs in general depend on the economy and the needs of those within it. If there is a high need for physical therapists, then the will improve or remain stable over time. If the economy starts to decline, there may be a lesser need or opportunity for physical therapists (and other professions) to find work.

8 0
3 years ago
Read 2 more answers
What is the practice of banks and mortgage lenders identifying high-risk areas (usually low-income or minority neighborhoods) an
Bogdan [553]

Answer:

redlining

Explanation:

Redlining is an illegal banking practice that focuses on neighborhoods that are mostly inhabited by minorities. The term redlining itself comes from the practice of marking neighborhoods on city maps with red lines to represent them as dangerous both for banking purposes and high crime rates.

Banks cannot directly deny a credit based on where you live, but they can charge very high interest rates that make them very difficult to pay, or simply ask for a lot of paperwork and more requirements than usual.

4 0
3 years ago
The analytical tool designed to
sergiy2304 [10]

Answer:

In his traditional role Finance

Manager is responsible for

Select one:

a

Running the business smoothly

b

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c

Arranmgement of financial

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d

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Explanation:

In his traditional role Finance

Manager is responsible for

Select one:

a

Running the business smoothly

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c

Arranmgement of financial

resources

d

Efficient management of cash

7 0
3 years ago
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