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3 years ago

Which statement best explains how elasticity and incentives work together?.

1 answer:

6 0

The statement that best explains the elasticity and incentives work together is that an elastic good, such as a game, is more likely to respond to incentives.

<h3 /><h3>What is elasticity?</h3>

Elasticity is the term that is used in economics. It calculates the percentage change of one economy shifting in response to a percentage change in another.

It is a broad estimate of the sensitivity of an economic variable in reply to a change in another economic variable.

It is defined as an elastic good, like a game, is additionally possible to react to motivations or incentives.

Therefore, an elastic good, such as a game, is more likely to respond to incentives is the correct statement.

Learn more about the elasticity, refer to:

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Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 800,000 units, the c

vaieri [72.5K]

Based on the fixed costs of the Rocky Mountain Bottling Company, the contribution margin per unit is $0.40 per unit

<h3>How is the contribution margin found?</h3>

First, find the variable costs:

= 300,000 + (250,000 - 70,000)

= $480,000

The contribution margin per unit is:

= (Sales - variable costs) / number of units

= (800,000 - 480,000) / 800,000

= $0.40 per unit

Find out more on contribution margin at brainly.com/question/24309427

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2 years ago

Nicole Corporation's year-end 2017 balance sheet lists current assets of $741,000, fixed assets of $592,000, current liabilities

velikii [3]

Answer:

$106,500

Explanation:

The computation of the total stockholder equity is shown below:

Total assets = Total liabilities + stockholder equity

where,

Total assets = Current assets + fixed assets

= $741,000 + $592,000

= $1,333,000

And, the total liabilities is

= Current liabilities + long term debt

= $533,500 + $693,000

= $1,226,500

So, the total stockholder equity is

= $1,333,000 - $1,226,500

= $106,500

7 0

3 years ago

Marigold Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project S

Marina CMI [18]

Answer:

d. $175,380.

Explanation:

Net present value for Project Nuts = (Net annual cash inflow*PV of annuity at 10%, 6 period) - Initial investment

Net present value for Project Nuts = ($156000*4.355) - $504,000

Net present value for Project Nuts = $679,380 - $504,000

Net present value for Project Nuts = $175,380

4 0

3 years ago

If you invest $50,000 at 10% interest compounded continuously, what is the average amount in your account over one year? (Round

elena55 [62]

50,000*10/100 then you will get an answer

6 0

4 years ago

On June 30, 2019, bonds were issued at par with a face value of $2,000,000 and a 7% stated interest rate. Each bond has a $1,000

vagabundo [1.1K]

Answer:

The answer is "$84,000 in the numerator and 60,000 in the denominator".

Explanation:

If securities are transformed into stocks. So, the common stack holder should be have a larger net revenue, calculation of net revenue

$= \$ 2,000,000 \times 7 \% \times (1 - 0.40) \\\\= \$ 2,000,000 \times \frac{7}{100} \times 0.6\\\\= \$ 20,000 \times 7 \times \frac{6}{10}\\\\= \$ 2,000\times 7\times 6\\\\= \$ 2,000 \times 42\\\\= \$ 84,000\\$

In addition, the loads will also raise the total amount of shares which is calculated as follows:

$= \frac{\$ 2,000,000}{ \$ 1,000 \times 30}\\\\= \$ 60,000 \ stocks$

Formula:

$\ EPS =\frac{\ net \ income}{ \ average \ number \ of \ stocks}$

That's why in this question numerator is = $ 84, 000 and denominator = $ 60,000

7 0

3 years ago