Answer:
isΔ PdΔ Ps=EQs, PEQd,PAs given in the question, 40=EQs, P−0.5This perfectly elastic supply shows the burden of tax is imposed completely on the consumer, indicating the elasticity of supply is infinite.
Answer:
innovation and product research
Explanation:
To develop a new product or service that brings unique value to customers, innovation and product research are very important.
In bringing unique value to customers, the entrepreneur must be proactive in making adequate research to understand what brings value to his potential customers. In order to bring out something unique and truly valuable, the entrepreneur must be innovative and creative.
Answer:
Accounting/bookkeeping
1. The income statement provides you with information about the profit and loss
2. The balance sheet gives you a clear picture on the financial position of your business on a particular date.
3. Bookkeeping is important because it helps you budget.
4. Tax Preparation. In most cases, your business has to file a tax return every year.
5. Organization. Being organized is a skill every business owner should have.
6. Analysis. Bookkeeping is important because it helps with business analysis.
7. Planning Purposes
. Bookkeeping presents the past financial performance of your company.
Explanation:
Hope this helps, sorry if it is not
Answer:
No, the bank is short on daily reserves by $12.56 million.
Explanation:
The daily average net required would be calculated as follows:
$15.2 million x 0% = 0
($110.2 million - $15.2 million) x 3% = $2.85 million
($687 million - $110.2 million) x 10% = $57.68 million
$2.85 million + $57.68 million = $60.53 million
$60.53 million - $12.74 million = $47.79 million (Daily Average Net Required)
The bank needs to maintain largest average daily reserves for $47.79 million. In this case the bank is maintaining only average reserve of $35.23 million at the Fed. This means that it is short by $12.56 million in order to meet the required reserves.
Answer:
A- the demand for printer ink decreases as less people are buying printers
Explanation:
Generally speaking, when the price of a complementary good increases, the quantity demanded for both goods should decrease. If the price decreases, the opposite should happen. Even though the demand for some high tech products behave in strange ways (e.g. first iPhones), usually new products with higher prices will result in a decrease of the demand for that specific product and all complementary products.
