Business, 27.08.2021 02:00 katelynnjoyce1
Question 1 (10 points) Demand is price inelastic if: Question 1 options: the price of the good responds slightly to a quantity change. the demand curve shifts very little when a demand shifter changes. the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. all of the above are true. Question 2 (10 points) If the absolute value of price elasticity is greater than 1, this means the demand curve in that region is: Question 2 options: price elastic. price inelastic. unit price elastic. upward sloping. Question 1 (10 points)Demand is price inelastic if:Question 1 options:the price of the good responds slightly to a quantity change. the demand curve shifts very little when a demand shifter changes. the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. all of the above are true. Question 2 (10 points)If the absolute value of price elasticity is greater than 1, this means the demand curve in that region is:Question 2 options:price elastic. price inelastic. unit price elastic. upward sloping.
Answers: 3
Business, 21.06.2019 16:30, Ivy2k
]4. seiler company has the following information: materials work-in-process finished goods beginning inventory 300 400 500 ending inventory 700 900 1500 material purchase 7,700 cost of goods sold 15,600 direct labor 5,500 what was the manufacturing overhead for the period? a. $3,400. b. $4,300. c. $3,000. d. $5,500.
Answers: 2
Business, 22.06.2019 15:20, rasv3491
Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u. s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is
Answers: 2
Business, 22.06.2019 20:40, IkweWolf1824
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline. b. the debt ratio increases. c. the profit margin declines. d. the times-interest-earned ratio declines. e. the current and quick ratios both increase.
Answers: 3
Business, 23.06.2019 19:40, caity2006
According to your textbook, a good way to clarify statistical trends is to increase your speaking rate when giving statistics. consult the guinness book of world records. use exact numbers rather than rounding off. use visual aids when presenting statistics. make sure the statistics are from unbiased sources.
Answers: 3
Question 1 (10 points) Demand is price inelastic if: Question 1 options: the price of the good resp...
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