Elasticity measures the responsiveness of Multiple choice question. one variable to changes in another. one variable to changes in many other variables. many variables to changes in many variables. many variables to changes in one variable

Answers

Answer 1
One variable to changes in another
Answer 2

Elasticity measures the responsiveness of one variable to changes in another. The correct option is A.

What are the measures of elasticity?

The price of the commodity, the price of related goods, and consumer income are the three quantifiable factors that determine demand and are used to calculate its elasticity. Price, cross, and income elasticities of demand are the three types of elasticities of demand.

The degree to which the quantity of a good is demanded in response to a change in its price is known as its elasticity of demand. The formula for calculating it involves dividing the proportionate change in quantity demanded by the proportionate change in the price level.

Elasticity is a measure of a variable's receptivity to changes in another variable. Elasticities are unitless, so you can measure the underlying variables in any way you like and they won't affect the elasticity. Elasticity and slope are not the same.

Thus, the ideal selection is option A.

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Related Questions

If making your family and friends a priority is important to you, you value
O responsibility
O compassion
O relationships
O none of the above

Answers

Answer:

Relationships.

Explanation:

We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

What type of negotiation strategy requires the supplier to open its books to the purchasers?.

Answers

Answer:

Cost-based price model

Explanation:

Crowding out occurs when investment declines because:.

Answers

Answer:

Crowding out is a concept that has been around in economics since the 1930s and 1940s. It occurs when investment declines because, as a result of stimulus from government spending or tax cuts, private investors believe that they will be less likely to receive profitable investments in the future.

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question #4

multiple choice

new urbanists believe that successful and sustainable communities are those in which people of all races and socioeconomic levels live

more closely together in areas of mixed land-use strategies that incorporate housing, retail, commercial, and administrative buildings in

the same municipal zones. which principle does new urbanism directly contradict?

1. euclidean zoning

2. contract zoning

3. incentive zoning

4. regional planning

Answers

Answer:

Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While

Explanation:

Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While

How have the television industry and/or developments in digital technology recently changed the way we view series, if at all

Answers

The television industry and/or developments in digital technology has recently changed the way people relate to movies, books, and radio.

What is Digital technology?

Digital technology can be define as an electronic system or instrument that help in processing and storing of data or information.

The invention of digital technology has change  the way people view things as poeple can now use their system or mobile devices to watch series of content online instead of being limited to few channel while watching the television.

Example with the impact of digital technology people can now subscribe online to watch movies by using their data to watch different movies of their choice.

Inconclusion developments in digital technology has recently changed the way people relate to movies, books, and radio.

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How does your state’s on-time payment record compare to the national rate?

Answers

It should be noted that my state’s on-time payment record is high compare to the national rate.

What is a credit score?

A credit score serves as a numerical expression based on a level analysis of a person's credit files.

This is a term that to represent the creditworthiness of an individual after his account has been checked.

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PLEASE HELP! I WILL GIVE BRAINLIEST! I don't need you to answer the whole thing, I just need more of an explanation on what I'm supposed to do! Thank you.
Imagine you are taking an international trip. Where would you go? What are the requirements to enter the country (visa, vaccinations, etc.)? What travel documents do you already possess, and which would you need to obtain? What else might you need to do to plan your trip?

Answers

Some good holiday destinations to go to are:

DubaiRomaniaSwedenUruguay.

Some of the requirements for travel include:

A negative C*VID test.International passport.A valid reason for the visit.

The travel document you would need is your International Passport and your flight ticket (if you are going by plane.

What is International Travel?

This refers to the movement between one geographical location to another.

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If you wanted to open a restaurant, which space would likely
charge the most for rent?
O A famous Las Vegas casino
O A small neighborhood diner
O A medium space in a strip mall
A large warehouse in a rural area

Answers

A famous Las Vegas casino because it gets teh most revenue.

Which eoc configuration allows personnel to function in the eoc?.

Answers

Answer: The Departmental Structure allows personnel to function in the EOC with minimal preparation or startup time.

Explanation:

Given sales of $1,452,000, variable expenses of $958,320 and fixed expenses of $354,000, the contribution margin ratio is ______

Answers

Answer:

34%

Explanation:

( ($1,452,000 - $958,320) ÷ $1,452,000 = 34% )

What criteria cannot be used to create a custom segment?.

Answers

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report This report is based on  sessions.You can adjust the sampling.

Explanation:

hope this helps

PLEASE HELPP!!!
upload your table, and explain if you believe all businesses should have the same promotional strategies. Why or why not?

Answers

Answer:

No they should not all have the same promotional strategies. Some businesses have different goals, and different strategies can serve different goals. Different goals could be spreading awareness/widening shopper demographics, creating more demand for your products, etc. There are different promotional strategies for different purposes.

Explanation:

Answer:

Businesses should use different types of promotional strategies. Most businesses have different goals, and each strategy serves specific goals. There are different promotional strategies for different purposes. A company should research the best strategy for its target market and end goal.

Explanation:

I take an highschool business class!

Please don't copy word for word, this is just for inspo!

What states have the highest percent of their credit economy with prime credit scores?.

Answers

Answer:

I think Mississippi

Explanation:

hope this helps

Assume you borrow money to buy a new car at 10 percent interest, and you think that the economy-wide rate of inflation over the life of the loan will be 8 percent. If you are correct in your assumption, your real rate of interest on the car loan will be

Answers

Answer:

The answer is   2%

Explanation:

Have a wonderful day

______ risk is reduced as more securities are added to the portfolio. Multiple select question. Marketwide Diversifiable Unsystematic Company-specific

Answers

Answer:

a. diversifiable b. company-specific d. unsystematic

Explanation:

The company achieves a cost savings of $32,000 per year by using less costly materials

Answers

this isn't a question so unless you give me the original or whole question I'm not sure how to answer

When social security is taken out of your paycheck, is all of that money being saved for your eventual retirement? how does that work?.

Answers

When social security is taken out of one's paycheck, not everything is saved for retirement.

What is social security?

Social security is simply designed to pay retired workers that are 65 years and older.

In this case, social security is taken out of one's paycheck, not everything is saved for retirement. They are put in place to provide payments to those with limited incomes.

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________ are legal documents that the state issues to companies based on information the company provides in the articles of incorporation.

Answers

The legal documents that the state issues to companies based on information that the company provides is known as corporate charter.

What is a corporate charter?

It should be noted that a corporate charter is the document that's filed with the secretary of state to establish a company as a corporation.

It is simply legal documents that the state issues to companies based on information the company provides in the articles of incorporation.

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Krysta, who manages the is organization for her company, is continually striving to expand is services and capitalize on the latest technology developments to support her company's business plans through the coming months. her is organization is perceived as a _____.

Answers

Based on the goals of the IS organization that Krysta manages, it can be perceived as a business partner or peer.

What is a business partner or peer?

This is a business established by a company to help it achieve its goals by engaging in alternative technological developments that will be beneficial to the parent company.

Krysta is managing an organization that helps her company to strive for more excellence which makes this a business partner.

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Why is it important to file your federal incomes taxes every year?.

Answers

Answer:

Avoid losing future refunds.

Explanation:

Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.

If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach
equilibrium?

Answers

Answer:

the price of the product will decrease to meet equilibrium

Explanation:

in order to meet it, it has to decrease.

Answer:

The price of the product will decrease to meet equilibrium.

Explanation:

The price of the product will increase to meet equilibrium.

The price of the product will decrease to meet equilibrium.

Supply and demand must be raised.

Supply and demand must be lowered.

A corporate charter: Multiple select question. names the board of directors. specifies the number of shares outstanding. is required only for publicly-traded corporations. describes the business activities. specifies the shares of stock to be issued.

Answers

The document called a corporate charter serves a formal purpose as its:

names the board of directors.specifies the shares of stock to be issued.describes the business activities.

What is a corporate charter?

It is a formal document that is required to be filed with the Secretary of State or registrar in order to establish a company as a corporation.

Hence, these document contains the names the board of directors, specifies the shares of stock to be issued and describes the business activities for formal purpose.

Therefore, the Option C, D and E is correct.

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In which scenario can a firm pay part, but not all, of its fixed costs and should therefore continue producing even though it is experiencing a loss

Answers

The scenario where a firm pay part, but not all, of its fixed costs is when the price exceeds average variable cost but is less than average total cost.

What is a fixed cost?

It should be noted that a fixed cost simply means a cost that doesn't vary with the production level.

In their case, the scenario where a firm pay part, but not all, of its fixed costs is when the price exceeds average variable cost but is less than average total cost.

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Which organization oversees medicare and medicaid services.

Answers

Answer:

The CMS which is also known as " The Centers for Medicare & Medicaid Services " oversees Medicare and Medicaid services.

12. Currency is useful in that it serves as

A. a hedge against inflation.
B. a convenient way to save money.
C. a medium of exchange.
D. all of the above.

Answers

I think the answer is C- a medium of exchange

The main goal of the ________ is to motivate employees to improve team- or company-level efficiency.

Answers

Answer:

ProMES

Explanation:

In 2009 dollars, u. S. Gdp was $1057 billion at the start of the great depression but fell to $778 billion by 1933. What percentage decline does this represent?.

Answers

The percentage decline in the US GDP from 1933 to 2009 is 26.4%.

What is the percentage change in US GDP?

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Percentage change in GDP = (778/1057)- 1 = 26.4%

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what are the ources of information and communication?Describe​

Answers

Answer:

One of the fundamental ideas in communication and information processing is the source or sender. Sources are objects that encode message data and transmit it to one or more observers over a channel (or receivers).

What are cultural, control, and organizational variables that are utilized by decision makers to effect change in their organization known as?.

Answers

Answer:

managerial levers

Explanation:

How can a market be segmented using demographics?

Answers

Here is a Answer to your question:

Demographic segmentation divides the market into smaller categories based on demographic factors, such as age, gender, and income. Instead of reaching an entire market, a brand uses this method to focus resources into a defined group within that market.

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