Business, 28.05.2020 23:04 Fatimaneedhelp
Match each of the terms below with an example that fits the term.
a. fungibility the production of gasoline
b. inelasticity the switch from coffee to tea
c. non-excludability the provision of national defense
d. substitution the demand for cigarettes
Answers: 1
Business, 22.06.2019 19:50
Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?
Answers: 2
Business, 22.06.2019 21:40
Penny poodle wanted to know which dog obedience training program was more effective: puppy pride, the approach she has been using for any years, or doggie do-right, a new approach. penny convinced 50 human companions of untrained dogs to participate in her study. the dogs and their humans were randomly assigned to complete the puppy pride or doggie do-right course. at the end of the training programs, all of the dogs were scored on their level of obedience on a standardized dog obedience checklist (scores could range from 10 to 100). the design of this study is:
Answers: 2
Business, 23.06.2019 07:50
If a price increase from $5 to $7 causes quantity demanded to fall from 150 to 100 and vice-versa, what is the absolute value of the own price elasticity at a price of $7? note that the question is about the price point of $7, and not $5.
Answers: 2
Business, 23.06.2019 08:00
If consumers start to believe they need a product, what is likely to happen? a. the demand becomes less elastic. b. the demand becomes more elastic. c. the supply decreases. d. the price decreases.
Answers: 1
Match each of the terms below with an example that fits the term.
a. fungibility the pro...
a. fungibility the pro...
SAT, 08.07.2021 19:10
Mathematics, 08.07.2021 19:10
Mathematics, 08.07.2021 19:10
Mathematics, 08.07.2021 19:20
Mathematics, 08.07.2021 19:20
Biology, 08.07.2021 19:20
Computers and Technology, 08.07.2021 19:20
History, 08.07.2021 19:20
Mathematics, 08.07.2021 19:20
Social Studies, 08.07.2021 19:20
Mathematics, 08.07.2021 19:20
Mathematics, 08.07.2021 19:20