Answer:
A. Inelastic
B. a less than 10% increase in quantity supplied
Explanation:
A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.
A supply is inelastic if the price elascitiy is less than 1.
Answer:
the FICO score
Explanation:
The FICO Score helps the lenders to determine the how is the borrower likely to repay the loan. It is used to determine the creditworthiness and the lenders take a FICO score of the borrower into the account and also consider details like income and other things.
FICO Score helps the lenders make smarter as well as quicker decisions.
The Fair Isaac Corporation (FICO) the score to provide industry-standard for the scoring creditworthiness.
Answer:
B. $1,500 F
Explanation:
Flexible Planning Activity
Budget Budget Variance
Customer served (q) 17 20
Travel expense ($500q) $8,500 $10,000 $1,500 (Favorable)
Workings
<u>Travel Expense </u>at 500q
Flexible budget = 500 * (17) = $8,500
Planning budget = 500 * (20) = $10,000
Answer:
True
Explanation:
The ISO 9000 management systems helps organize to meet buyers needs within regulation and requirements related to a service. A industry certifications can be used to hire and train workers.
Answer: LAND 3.227,680
BUILDING 806,920
LAND IMPROVEM 134,000
Explanation:
Land 4 0.8 $ 3.227,680
Building 1 0.2 $ 806,920
5 $ 4.034,600
Land Improvement
Parking Lot $ 88,000
Lanscaping $ 46,000
Total $ 134,000
Computation Of Cost Of Land And Building
Purchase Price $ 4.000,000
Add:
Title Insurance Cost $ 22,000
Legal Fees $ 8,000
State Transfer Fees $ 4,600
Demolition of old building $ 310,000
Land Clearing Expenses $ 85,000
Less: Salvage Material $ -9,000
Total Cost Of Land $ 4.420,600