The graph depicts five demand curves. Please rank each curve in terms of elasticity. A curve that is more elastic than another curve for any given quantity can be considered more elastic.

Answers

Answer 1

From most elastic to inelastic: Elastic graphs look more horizontal while Inelastic graphs look more vertical.

What is elastic and inelastic demand curve?

Elastic demand curve indicates that the price changes greatly influenced the quantity demanded or supplied.

Inelastic demand curves indicates that a given percentage change in price will have a very smaller percentage change in quantity demanded or supplied.

Elastic demand curve is more sensitive to the price changes as compared to the Inelastic demand curve.

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Related Questions

Algorithmic tasks are easier to automate than phronetic tasks.
,○ True
○ False​

Answers

Algorithmic tasks are easier to automate than phronetic tasks. Therefore it's false.

What are algorithm tasks?

It should be noted that algorithmic tasks simply means tasks where one follows a set of prices to achieve a result.

In phronetic tasks, the main goal is to clarify values as power as a basis for praxis.

In this case, it's complicated than algorithm task.

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Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 26,000 $ 41,000 Direct labor used (in March) 22,000 15,000 Overhead applied (March) 11,000 7,500 Costs during April Direct materials used 137,000 220,000 $ 120,000 Direct labor used 102,000 153,000 100,000 Overhead applied ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process

Answers

Based on the cost of production by Marco Company, the overhead applied to the jobs are:

Job 306 - $51,000Job 307 - $76,500Job 308 - $50,000

What are the overheads applied?

The overhead applied for Job 306 in April is:

= Direct labor cost x 50%
= 102,000 x 50%

= $51,000

The overhead applied for Job 307:
= 153,000 x 50%

= $76,500

The overhead for Job 308:

= 100,000 x 50%

= $50,000

Rest of the question is:

Predetermined overhead rate is 50% of direct labor cost.

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Explain any 2 objectives of a multinational firm with regard to its compensation policies?

Answers

The 2 objectives of a multinational firm with regard to its compensation policies are:

to keep the expatriate whole through maintenance of home-country living standardensuring a financial inducement to make the package attractive

What is a compensation policies?

This refers to the principle of action that is proposed by an organization in regard to its employee's salary, benefits, bonuses etc

Therefore, the objectives of these multi-national firm are to keep the expatriate whole through maintenance of home-country living standard and ensuring a financial inducement to make the package attractive.

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Types of conclusion
In a nut shell, when you look

Answers

In a nut shell, when you look belongs to reflective type of conclusion. Hence, the type of conclusion in the phrase above is reflective conclusion. Read below about types of conclusion

What are the types of conclusion?

Majorly, the types of conclusion include: embedded, retrospective, reflective, and projective forms are four main types of conclusions applicable for different academic papers when writing.

Therefore, the correct answer is reflective conclusion. This is so, because, the introductory phrase after the transitional marker signals reflection, 'when you look...' hence, the correct address is reflective conclusion.

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What are a few examples and pros and cons of primary and secondary research?

Answers

Answer:

pros:

faster, more efficient, can be less expensive

cons: not specific for what you're doing [unless you're exactly repeating someone else's research, which would be pointless], you have to interpret the information

hope this helps! ^u^

(−2,6) and (−12,2)? Write your answer in simplest form.

Answers

The addition of the decimal number that's given will be -14.8

How to calculate the decimals?

It should be noted that decimal numbers are the numbers that have a whole number and the fractional part is separated by a decimal.

In this case, the addition will be:

= -2.6 + (-12.2)

= -2.6 - 12.2

= -14.8

In conclusion, the correct option is -14.8.

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Even though the trait approach to leadership has no empirical support, it is still widely used. In your opinion, why is this so?

Answers

Even though the trait approach to leadership has no empirical support, it is still widely used because it focuses on the leader and not on the followers or the situation .

What is  trait theory of leadership ?

The trait theory of leadership is a theory that focus on the certain inborn or innate qualities that is expected to be seen in a leader so that the leader can be able to deliver his role.

It list the  characteristics  that make someone a leader, which means it focus more on the leader than the situation, because as a leader, he must be able to handle the situation if he actually qualifies as a leader.

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6. Please list and describe your current involvement in the community. Do you volunteer for any local agencies, participate in any events that benefit community members, or belong to any clubs or groups

Answers

there are 5 ways to participate in your community

1 volunteer your time

2 donate your resources

3 shop locally

4 join a class or group

5 support your local sports teams

6 organise your own event

Hope it is helpful

The ways to participate in the current involvement in the community is to volunteer the time, donate the resources, in a class or group,  support the local sports teams and  organize the own event.

What is the community?

A community is a social unit that shares characteristics such as location, norms, religion, values, customs, or identity. Communities can share a sense of place in a physical location or in virtual space via communication platforms.

In 8th grade, a person joined the National Junior Honour Society, which taught a person how much volunteering benefits people. It held a haunted house at my school and raised funds for those affected by Hurricane Michael.

Therefore, the NJHS community helped a person realize his passion for helping others, which is why he joined this site.

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Ms. Claggett is sixty-six (66) years old. She has been covered under Original Medicare for the last six years due to her disability and has never been enrolled in a Medicare Advantage or a Part D plan before. She wants to enroll in a Part D plan. She knows that there is such a thing as the “Part D Initial Enrollment Period” (IEP) and has concluded that, since she has never enrolled in such a plan before, she should be eligible to enroll under this period. What should you tell her about how the Part D Initial Enrollment Period applies to her situation?

Answers

What should you tell her about how the Part D Initial Enrollment Period applies to her situation is: Part D occurs 3 months prior and 3 months after the month a beneficiary meets the requirements for Part B.

What is Part D plan?

Part D plan can be defined as a Medicare plan that help to cover drugs prescription of  those under the plan

Based on the scenario you should tell her that  Part D Initial Enrollment Period start  3 months prior and 3 months after the month when a beneficiary  of the plan meets the eligibility or necessary requirements for Part B plan.

Hence,  she cannot be able to use it as a form of  justification for enrolling in a Part D plan now.

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Answer:Ms. Claggett has had two IEPs and missed them both. The first occurred three months before and three months after the month when she was first entitled to Part A OR enrolled in Part B. Because she was eligible for Medicare before age 65, Ms. Claggett had a second IEP based on turning age 65, which has also expired.

Explanation:

West Co. recorded the following inventory information during the month of February:

Units Unit cost Total cost Units on hand
Balance on 2/1 800 $2 $1,600 800
Purchased on 2/8 1,000 3 3,000 1,800
Sold on 2/14 1,500 300
Purchased on 2/17 2,000 1 2,000 2,300
Sold on 2/23 1,600 700
Purchased on 2/28 800 4 3,200 1,500
West uses the FIFO method to cost inventory. What amount should West report as cost of goods sold at the end of February under each of the following methods of recording inventory?

Perpetual Periodic

A.
$3,900 $3,900

B.
$3,900 $5,900

C.
$5,900 $3,900

D.
$5,900 $5,900

Answers

The correct option is C. The valuation of the cost of goods sold which is recorded in its book as $5,900 and stock available for sale is $3,900  under the FIFO method.

Why is the FIFO method used for Inventory Valuation?

FIFO will enable you to claim a higher average cost-per-piece on newer inventory, which can help you save money on taxes if your inventory costs are declining over time. Because it assumes that older products are no longer in use, FIFO does not necessitate as much documentation as LIFO.

Calculation Cost of Goods Sold (COGS) under FIFO Method:

COGS = 800 x 2 + 700 x 3 + 300 x 3 + 1300 x 1 =

COGS = $5,900

The calculation for Stock available for Sale:

Stock available for Sale = 700 x 1 + 800 x 4

Stock available for Sale = $3,900

Thus, the Cost of Goods Sold is $5,900, and the stock available for sale is $3,900  under the FIFO method.

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Hi,

I lead the Customer Support Team for the magazines category. Customer questions for one vendor have increased since the start of the promotional campaign. The campaign ended two months ago, but we are still getting many questions.

Can you help us understand why? The vendor’s performance metrics are below.

Thank you,
Carlos Henderson

Answers

Customer questions for one vendor have increased with the promotional campaign because it doesn't meet the customer satisfaction in terms of :

product satisfactionQualityCommitment to feedback

Why do companies get so much question after promotional campaign ?

Promotional campaign were to sensitize the potential customer about a particular product from a company so as to attract them to make a purchase.

However, this campaign should be able to tell more about the product up to some extent that they will get convinced about the product, failure of this will make the potential customer to inquire more out of doubt about the product and this will show in the Vendor performance metrics.

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If you need to have $800 in savings at the end of 4 years and your savings
account yields 5% annual interest, how much do you need to deposit today?

Answers

The amount needed to deposit is $658.16. The present value of cash inflows and outflows over time is called net present value.

What is a Present Value?

The Present value is the current value of a future sum of money that has been discounted by a rate of return is called the present value. It informs you of the amount you'd have to put in today to earn a particular sum tomorrow. The difference between the present value of cash inflows and outflows over time is called net present value.

Given;

Future Value = $800

interest = 5%

Time = 4 years

Calculation of Present Value = Future Value divides by (1+interest)ⁿ

                                                 = 800/ (1+0.05)⁴

                                                 = $658.16

Thus, The Present value is the current value of a future sum of money $658.16 is needed to save to get $800 at the end of 4 years at the rate of 5%.

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What methods show the property sheet? Check all that apply.

Answers

The method that is showing the property sheet can be done by clicking the property sheet in the tools group under the tools group tab as well as pressing the F4 function key.

What is a property sheet?

The property sheet is one of the applications of computers that allows the user to change the properties on the window at any time.

After clicking on the tools group tab in the tools section and then pressing the F4 function key, the property sheet can be created on the computer. It is basically the creation of a property sheet in an electronic format.

Therefore, the explanation in option B is the correct answer.

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What is Globalization?
a.
None of the above
b.
The process of social, political, economic, cultural, and technological integration among countries around the world.
c.
When we all do the same thing
d.
The process of someone trying to take over the world

Answers

b. The process of social, political, economic, cultural, and technological integration among countries around the world.

Answer:

B. The process of social, political, economic, cultural, and technological integration among countries around the world.

Explanation:

Globalization essentially involves many people from around the world, of various social groups and culture types, engaging with each other (globally).

Describe the agencies that ensure properties abide by regulations.

Answers

The agencies that ensure properties abide by regulations are known as regulatory agencies.

What are regulatory agencies?

It should be noted that regulatory agencies are the independent governmental agencies that are established in order to set standards in a specific field.

In this case, the agencies that ensure properties abide by regulations are known as regulatory agencies.

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How effective was this solution? How did it affect
the way Kenya Airways ran its business and its
business performance??

Answers

CRM deals with methods, strategies and technologies that helps firms to manage and analyze customer interactions and I believe that this will be an effective solution for  Kenya Airways business performance.

What was the relationship of customer relationship management to Kenya Airways?

Every organizations is saddled with the aim of growth, development and to make profit.

Kenya Airways business performance using Customer relationship management (CRM) as a business strategy will help them to known more about their customer's life cycle and address key issue which will in turn make their airline run effectively.

The first part of the question is:

Short Case study: Kenya Airways Flies High with Customer Relationship Management

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if the present value of growing perpetuity is 214,the required rate of return is 10% and growth rate is 3%, what is cash flow in year1(round to nearest whole number) i

Answers

Answer:

15

Explanation:

PV= 214

rate of return 10%

(10+1)^1

11+3= 14

214/14= 15.2...= 15

Effectiveness means:
Question options:

performing at the same level as accomplishing efficiency.

producing the desired result with a minimum of effort, expense, and waste.

performing a variety of tasks, being responsible to one or several managers.

producing a definite or desired result.

Answers

Effectiveness means producing the desired result with an application of minimum effort, expense, and waste.

What is effectiveness?

When a firm or a producer produces goods or services by application of the available resources in the best possible way, ensuring their optimum utilization, the firm is engaged in bringing effectiveness in production.

Hence, option B holds true regarding effectiveness.

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how to calculate moving average method

Answers

Answer

A moving average is a technical indicator that investors and traders use to determine the trend direction of securities.It is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods

ALBERTO: Tami, I’ve got a problem. Can we talk for a minute?
TAMI: Sure, Alberto, what’s up?
ALBERTO: Last week my sous-chef, Ricky, bought tomatoes that just weren’t ripe. It made me really angry. We’ll never keep our Michelin star unless we maintain the quality of our produce!
TAMI: Wow, Alberto, that sounds like a real problem. So you’re saying that Ricky bought tomatoes you couldn’t serve?
ALBERTO: Yes! And it’s not the first time...
TAMI: I’ll do something about this right away.
What component of reflective listening is missing from this conversation?

Affirming contact
Clarifying the implicit
Paraphrasing the expressed

Answers

Clarifying the implicit is the component of reflective listening missing from this conversation.

Affirming contact:

The goal of affirming contact is to convey attention and assurance rather than necessarily agreement.

hence in the coversation "Wow" and "Yes!" convey attention and displays affirming contact.

Paraphrasing the expressed:

It explains to the speaker what was heard, as well as what the listener's feelings and ideas were. utilize a follow-up query occasionally

Hence Paraphrasing the expressed can be seen in the conversation when TAMI said "So you’re saying that Ricky bought tomatoes you couldn’t serve?" where he rephrased to what ALBERTO said.

Clarifying the implicit:

It clarify any implicit portions of the message, which includes ideas and sentiments that are not fully or clearly articulated together with their openly declared message.

Hence Clarifying the implicit is missing from the conversation.

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what role do government agencies play in a mixed markey economy?
a. they run shipping companies and other sources of distribution
b. they own farms, factories, and other sources of production
c. they regulate some aspects of production and distribution
d. they employ most of the workers in the economic system

Answers

The role that government agencies play in a mixed markey economy is option a. they run shipping companies and other sources of distribution.

What are government agencies?

Governmental Agency is any department, board, commission, authority, organization, or instrumentality of the federal government, a state, a county, a municipality, or another political subdivision of a state that has executive, legislative, or judicial powers.

Some examples of government agencies are :

Central Intelligence Agency. Environmental Protection Agency. Federal Communications Commission.Federal Trade Commission.National Aeronautics and Space Administration.

Government agencies run shipping companies and other sources of distribution. They run distribution channels and shipping firms. They possess factories, farms, and other manufacturing facilities. They control a few facets of distribution and production.

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If bank borrows money from another bank rather than from the fed, the interest rate charged by the second bank is called the

Answers

The bank borrows money from another bank rather than from the fed, the interest rate charged by the second bank is called the interbank rate.

What is Bank?

Bank refers to financial institutions that help people to borrow funds on credit and deposit and withdraw cash for use. These allow savings among people and helps in protecting the securities.

The interest rate applied to short-term loans made by banks to one another is known as the interbank rate. In the interbank lending market, banks borrow and lend money to one another in order to effectively manage stability.

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Less export more import is called

Answers

Answer:

A trade deficit occurs when a country's imports exceed its exports during a given time period. It is also referred to as a negative balance of trade (BOT).

Rental agreements are typically paid while leases are typically for Select
a month to month,4 months to 10 years
b week to week, 2 months to 3 years
c month to month,6 months to a year
d week to week,6 months to a year​

Answers

Most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.

What is a Rental agreements & leases?

Rental agreements refers to agreement made on a rent between a tenant and landlord of a property while the leases agreements is between the lessee and lessor.

Thus, in most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.

Therefore, the Option C is correct.

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You are working as a Legal Assistant at a law firm. Your day starts at 8am and you work until 4pm. You have 15 minute coffee breaks at 10am and 2:30pm and a lunch break at 12:00 – 1pm. Following is a list of tasks that have to be completed today. Prioritize these tasks and explain why you have arranged them in the order you chose.
Lawyer’s timesheet (lawyer’s consider their time to be entered into the PC Law program to be important)
Telephone message from your mom
Notice of Motion to be completed and sent for filing by 9am (This is for a family matter. Notice of Motion usually takes around 20-30 minutes to complete)
Nora Roberts file which requires an Invoice to be done and sent to her
An Affidavit to type and have ready for a client coming in at 1pm. (This is for a family matter. Consider the Affidavit to be ten pages long).
Telephone message from Linda Teriaco at the Courthouse (she deals with Motions)
A stack of letters to be filed
An email from management reminding you to collect $ for the United Way to be picked up today by 10am
Telephone message from a client that wants an appointment with the lawyer
Three piles of files with dictation tapes – the lawyer provides a list on the top of each file as to who the client is and what the document is you are typing. You should probably check this pile and make sure that there isn’t anything important for the day.
Open a new file and deposit retainer monies. Opening a file is on PC Law and physically opening a file. Should take no more than 15 minutes.
A file with revisions to a Separation Agreement for a client coming in at 11am. Given the Separation Agreement is already completed in draft, and these are revisions, this is likely to take anywhere from 15-30 minutes.
A file with a new Will and Testament to be completed for clients coming in 2pm. A Will should take about 20 minutes to complete.
Take mail to the mail box
Telephone message from another lawyer regarding your client coming to sign the Separation Agreement at 11am
Minutes to type up for staff meeting at noon. (Consider the minutes to be three pages long)
Affidavit to complete for client coming in at 8:30am the next morning. Affidavit is twenty pages long.
Telephone message from a potential new client regarding divorce proceedings
Letter to be typed and couriered to the other lawyer’s office before noon. This is a lengthy letter, approximately three pages.
It’s the last day of the month – all invoices must be submitted by end of work day to the accounting department. You have seven invoices left to submit. Assume that the Account is being done from PC Law, and therefore easily generated. You just need to make sure dates are correct, and time has been entered in correctly. You are not typing these from scratch.

Answers

Answer:

question is wrong

Explanation:

please send write question then I will answer the question


According to this credit report, how many accounts has Lillie had sent to collections?

Answers

Answer:From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account. What is a credit report? This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.

Explanation:

How to increase a website traffic

Answers

To increase traffic on a website you should be more focused towards your content and how do you present your content.

So, for starters, here are the top ten methods and my recommended tactics :

1. Conduct research and create a list of challenging keywords

2. Sort all of the keywords by importance for better outcomes.

3. Employ seasoned content writers to prepare the content.

4. Make all of the content current and SEO-optimized.

5. Connect all of the pertinent posts together.

6. Switch the website server to a cheap VPS hosting that includes a CDN.

7. Remove all harmful backlinks and GSC-disavow them.

8. Make Contact with Bloggers About Guest Posts in Related Niche.

9. Employ HARO link-building strategies.

10. Export Every GSC Record to Boost Website Traffic.

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Question 1 (1 point)
Laurey's Pet Emporium purchased equipment on January 1 for $35,000. The equipment will be used for five years, after which the estimated
residual value will be $2,000. Using straight-line depreciation, what is the depreciation expense for the first year of the asset's life?
a
$7,000

Answers

The depreciation expense of the asset using the straight-line depreciation method for the first year will be $6,600.

What do you mean by straight-line depreciation?

The most generally used and simple depreciation technique for allocating the value of a capital asset is known as Straight-line depreciation.

It is calculated with the aid of using sincerely dividing the value of an asset, reducing the amount of its salvage value, with the aid using the beneficial life of the asset.

As per the given information,

Depreciation expense = Asset price - residual value / useful life

Depreciation expense  = $33,000 - $2,000/5

Depreciation expense = $6,600

Therefore, The depreciation expense of the asset using the straight-line depreciation method for the first year will be $6,600.

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A flatter, more horizontal demand or supply curve ____

A. Is elastic
B. Is inelastic
C. Has zero elasticity
D. Has price in elasticity

Answers

A. A flatter, more horizontal demand or supply curve is elastic

Discuss the relationship between bond prices and interest rates. What impact do changing interest rates have on the price of long-term bonds versus short-term bonds? Your answer must be supported with examples and academic citations.

Answers

Interest rates and bond prices have an adverse correlation. Bond prices grow during periods of low-interest rates and decline during periods of high-interest rates.

What is the interest rate?

The cost of borrowing and the rewards for saving are both indicated by the interest rate. Since there is a premium if the coupon rate is higher than the market rate, the bond's price will be higher. Bond prices will decrease if the coupon rate is lower because there will be a discount.

The price of long-term bonds is more affected by interest rates than the price of short-term bonds. A bond's price varies depending on how long it is.

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