Which one of the following products would tend to have inelastic demand?
A) luxury sedans
B) candy
C) crude oil
D) Black Angus T-bone steak
Answer:
C) crude oil
Explanation:
Crude oil and its byproducts (gasoline, plastic, etc.) have a very inelastic demand, e.g. the price elasticity of gasoline is between -0.02 and -0.04.
On the other hand, luxury goods have a very elastic demand, totally opposite to oil. The same applies for the demand of candies. While the demand for beef tends to be unit price elastic (or near it).
Lara spends her days cultivating new hybrid plants that she sells to Jon. Jon uses these plants to feed cattle because the hybrid plants offer better sources of nutrients. Which most likely explains the jobs of Lara and Jon?
Answer:
B.Lara works as a Plant Scientist and Jon works as a Farmworker.
Explanation:
A. Lara works as a Nursery Manager and Jon works as a Grader.
B.Lara works as a Plant Scientist and Jon works as a Farmworker.
C. Lara works as a Forester and Jon works as a Farm Management Adviser.
D.Lara works as a Landscaper and Jon works as an Environmental Engineer.
Lara is a plant scientist
Plants scientist refers to people who study different compositions of soil and the effect of the soil on plants. Plants scientist study how plants grows in different soils, pest control, biological and physical makeup of the soil and plants.
Plants scientist are majorly concerned about how to food production.
On the other hand, Jon is a farm worker who uses the plants cultivated by Lara to feed his cattles because those plants cultivated by Lara are better source of nutrients to his cattles.
Answer:
b.
Explanation:
I know so, I took it.
Commercial hotels are usually in downtown or _____________ districts.
Answer:
buisness
Explanation:
Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when the supply changes. inelastic when the supply changes.
Answer:
B: Inelastic when the price changes.
Explanation:
Goods that are essential in daily life have lower elasticity needs like gas, water, oil and electricity.
Elastic demands are the requirements when the large price shift affects the demand of the product. While in inelastic the price change affects in a very small manner to the demand.
The correct answer is:
Option B: Inelastic when the price changes.
This can be explained as:
In an economy, when the goods and commodities are in static relation then it is called inelastic.The increase in the price of the product does not affect the customers purchasing habits in an inelastic system.Therefore, goods that are considered to be requirements tend to be inelastic when the cost varies.
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Describe the purpose of training as a team
Answer:
Hmm.
Explanation:
Training as a team can help the teammates understand each other's strengths and weaknesses, and how each teammate can help each other.
(In sports training at lest)
'But training helps reduce a disparity between your teams. Each employee has a baseline knowledge of their individual and their team's goals, putting everyone on the same page. Additionally, employees all receiving the same training means they share responsibility and are aware of their role on the team.'
what is a survey in the marketplace
A woman cut her own fabric and sewed her own dress in the
Answer:production era
Explanation: because production means like to create something
Answer:
Simple trade era
Explanation:
A woman is by herself, which is simple, so it wouldn't be nothing else. I also just got it right.
The order fulfillment process involves which of the following functional areas of a​ business?
A. Manufacturing and​ production, human​ resources, and accounting.B.​ Sales, human​ resources, and manufacturing and production.C.​ Sales, human​ resources, and accounting.D. Human​ resources, accounting, and service.E.​ Sales, accounting, and manufacturing and production.
Answer:
E. Sales, accounting, and manufacturing and production.
Explanation:
Order fulfillment first takes place in the Sales department - where the Sales team makes known to the customer the products and services available. then the human resources selects talent to help with the production and manufacturing. Accounting function helps determine the cost.
hurry!! #10
What is one of the SMART guidelines that help develop objectives?
O Rigorous
O Specific
O Abstract
Theoretica
nadia loves to make pottery and would like to open her own business. Is that a business idea or a business opportunity?
Janie took a vacation to Italy and bought $1,000 worth of jewelry in Florence. The United
States will allow Janie to bring $800 back into the country duty free. What happens to the
other $200 that is part of her total expenditure?
Answer: Janie must pay an ad valorem tariff on the extra $200
Explanation:
Coming in from Italy, the US Government will allow Janie to bring in $800 worth of Jewelry into the country. The rest will be charged a Customs Duty or Tariff.
Customs duties are charged by the Government on imported goods as a way to reduce trade on imports which would in theory stimulate purchasing from domestic companies. It also brings in revenue for Government.
Customs duties are usually ad valorem in nature which means that they are charged as a percentage of the good's value. In this case that percentage will probably be 3% as the value is less than $1,000.
how does the health of an economy affect business?
Answer:
This is a very broad question. The health of the economy affects business in many ways. First of all the health of economy is an outcome of business performance.
You need to think of this case as one comes from another and influences it back. Please find the attached diagram.
Explanation:
Bernard is a trainee accountant. His manager asked him to record a loss on the sale of machinery in the business’s temporary account. To which type of account was Bernard’s manager referring? A. Personal B. Real C. Nominal D. Asset E. Liability
Answer:
The answer is C.
Explanation:
Nominal Accounts are also known as temporary accounts.
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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Please please please help me please I don’t know how to do it please help me
Can please show all the work please
Answer:
11) 9 cantaloupes
The answer would be 9 because three cantaloupes cost 7 dollars. And 7 times 3 equals 21. Then we would need to multiply the three cantaloupes by three to get the total amount if she has 21 dollars.
12) 20 Dirhams
The answer would be 20 Dirhams because 4 of them would cost 1 dollar. And if we add 4 more dollars it would equal 5. hen we would need to multiply 4 five times to get the total amount of Dirhams with the exchange of 5 dollars.
13) 8 Bunches of fennel
The answer would be 8 bunches of fennel because it cost 9 dollars for one bunch. And if we multiply it by two then we will get 18. Then if we get 18 we will need to multiply the four bunches by 2 since one bunch cost 9 dollars and two bunches cost 18.
14) Two fruit baskets
The answer would be 2 fruit baskets because if we were to buy on fruit basket it would cost 30 dollars. And we we would buy two it would cost 60 because 30 times 2 is 60.
15) 21 dollars
If I multiply 11.1 by 4 then I would get 44.4. Then I would need to multiply 5.30 dollars by 4 too and I would get 21.2 and round it up I get 21 dollars.
16) 40 peso
If I divide 121.10 by 3 then I would get 40.36... Then I would round the number to the nearest tenth and get 40 pesos.
17) 46 in width
The height / tall of the painting would not be affected because we didn't change the tall only the width. The width however would be 46.2 rounded down to 46. Because if I add 3.3 to 42.9 then I would get 46 as the width.
18) 16 cabbage
I divided 28.80 from 1.80 and get 16.
HELP WILL GIVE BRANLIEST Nicholas has heard that there is a big market for alpaca wool in his area. He plans to open a farm where he can raise alpaca, as well as harvest and sell their wool. List the skills that Nicholas would need to make a success of his farm and cite one way in which Nicholas could acquire those skills.
Answer:
In order to open his own alpaca farm, Nicholas should know how to run and maintain a farm, how to harvest their wool in a proper and professional manner, and how to sell the alpaca wool at its safest and cleanest state. Nicholas can learn how to do all these things by taking classes, reading books, seeing a person perform these tasks first hand, or searching online. He should also be practicing.
Explanation:
hope this helped
Nicholas needs to understand how to manage a farm, how to properly and expertly harvest the alpacas' wool, and how to sell the wool in its cleanest and safest condition in order to start his own alpaca farm. Nicholas can learn how to complete all of these jobs by attending classes, reading books, watching someone else do them in person, or through online research. He ought to be exercising as well.
What do you mean by alpaca farming?The main reason alpacas are bred is for their fibre. Although it is not a production that will make you rich overnight, there is potential to produce exceptional alpacas for sale through careful selected breeding programmes.
Profitable alpaca farming heavily relies on the breeding process. A pregnant woman can be bought for $20,000, and the baby can be sold to aspiring businessmen for $10,000. Female alpacas have a potential return of $157,000 if you count this as 15 productive years. Alpaca upkeep costs are rather minimal.
Therefore, Skills need to harvest alpaca wool farm are explained above.
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2. An organization's products and services are the driving force in accomplishing
its purpose.
A. True
B. False
"I cannot hear sound from my computer."
1.
2.
3.
How do individuals & business benefit from
economic freedom?
Answer:
The benefit are
1. free markets,
2. rule of law,
3. protection of private property,
and
4. open trade—
that boost prosperity and reduce costs
Explanation:
Please mark me as brainlist answer
What is the primary responsibility of a customer service representative?
O making sales
O assisting customers
O handling transactions
O analyzing data
Answer:
assisting customers
Explanation:
Which of the following is an example of a worker who has work/life balance
conflicts?
O A. A woman refuses to answer emails from the office when she is
not working
B. A man has missed all his daughter's ball games because he works
too much.
C. A woman has her office emails forwarded to a coworker while on
vacation.
D. A man receives notifications when he gets a new email at the
office,
Answer:
A man has missed all his daughter's ball games because he works
too much.
Explanation:
seems like it
Answer:
A man has missed all his daughter’s ball games because he works too much
Explanation:
A p e x
You will want to list your work content skills, functional skills, educational history, and work experience in your?
Answer: yes résumé
Explanation:
Answer: résumé
Explanation: Usually when you list the above given information, you are trying to apply for a job, which needs your education level, your diplomas, etc. -APEX
g equals the g spot so d equals?
Answer:
Dark sport
Explanation:
D stands dark
Which of the following is not a key element of the Sarbanes Oxley Act to improve corporate governance?a) The establishment of the Public Company Accounting Oversight Boardb) Requiring a company’s annual report to contain an internal control report that includes management’s opinion on the effectiveness of internal controlc) Severe criminal penalties for retaliation against "whistleblowers"d) Requiring that the company’s performance reports are prepared in accordance with generally accepted accounting principles
Answer:
d) Requiring that the company's performance reports are prepared in accordance with generally accepted accounting principles
Explanation:
The Sarbanes Oxley Act of 2002 was formed to set new guidelines for public companies located in the United States. There are eleven sections contained in the act and three key ones mentioned in the options above include;
1. The establishment of the Public Company Accounting Oversight Board: This board was to be in charge of the registration of auditors, providing auditing services, and overseeing audit forms.
2. Requiring a company's annual report to contain an internal control report that includes management's opinion on the effectiveness of internal control: Financial reports produced by the companies were to have the certification of the managers and accounting officers of the reporting organizations.
3. Severe criminal penalties for retaliation against "whistleblowers": Severe penalties were to be applied on any who engaged in financial crimes, or even discriminated against whistleblowers.
The CFO of a certain company always wears his green suit on a day that the firm is about to release positive information about his company. You believe that you can profit from this information by buying the firm's shares at the beginning of every day that the CFO shows up wearing this green suit. Describe which form of market efficiency is consistent with your belief.
Answer:
Semi strong form of market efficiency
Explanation:
Semi strong form of market efficiency holds the belief that security prices quickly adjust to reflect new information as it has accommodated public and available and private market information , as a result of which the need for deeper analysis of stock before investment might not be required.
As it is already known that a green suit on the CFO signifies a potential positive information about the company, making use of this private information towards investment is in line with the Semi strong form of market efficiency .
Why miscommunication and misunderstanding happen
Answer:
misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .
Ess Information Management (BIM) I
Which object tells Word that a formula is being entered into a cell?
O equations
O arguments
O equal sign
O formula mask
Answer:
O equal sign
Explanation:
The equal sign in the Excel spreadsheet application notifies the program that a formula is about to be entered. For example, to perform a summation by typing into a cell, failing to put the equal sign before sum {= sum} would result in an error. Notice this difference in the attachment.
Steven manages a team responsible for opening new restaurants of a large, fast-food chain. His team goal is to open eight restaurants in four months' time, and he's mapped out a plan for breaking this goal into actual tasks and projects. As Steven's mentor, what advice do you give him for managing obstacles that might disrupt his progress?
Answer:
divide all of the current obstacles by the level of urgency and take it one step at a time
Explanation:
When making any sort of plans there will always be unexpected obstacles that prevent/disrupt you from making progress. In these situations, the best advice would be to divide all of the current obstacles by the level of urgency and take it one step at a time. If you try to solve all the problems at once you will get overwhelmed and stressed out. Instead solve one at a time, focusing on the more urgent problems first.
why should every school have a library
Give four examples of routine decisions.
Answer:
What you're going to eat, what you're going to major in, whether you're going to hang out with friends or not, or where you're going to work