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Myranda Burton
Answers (6)
MB
Answered
When the price of tea decreases 7%, quantity demanded increases 12%. The price elasticity of demand for tea is ________ and total revenue from tea sales will ________.
A) inelastic; increase
B) inelastic; decrease
C) elastic; increase
D) elastic; decrease
A) inelastic; increase
B) inelastic; decrease
C) elastic; increase
D) elastic; decrease
On Jul 07, 2024
C
MB
Answered
Depreciation is a process of
A) determining the asset's fair value.
B) asset valuation.
C) cost allocation.
D) determining the asset's residual value.
A) determining the asset's fair value.
B) asset valuation.
C) cost allocation.
D) determining the asset's residual value.
On Jul 06, 2024
C
MB
Answered
Joseph is planning ahead for retirement and must decide how much to spend and how much to save while he's working in order to have money to spend when he retires. When the substitution effect dominates the income effect, an increase in the interest rate on savings will cause him to
A) increase his savings rate.
B) decrease his savings rate.
C) continue saving at the current rate.
D) change his savings rate but in an unknown way.
A) increase his savings rate.
B) decrease his savings rate.
C) continue saving at the current rate.
D) change his savings rate but in an unknown way.
On Jun 06, 2024
A
MB
Answered
Examine and explain Standard 19 of the Better Business Bureau Wise Giving Alliance Standards of Excellence.
On May 08, 2024
Standard 19 of the Better Business Bureau Wise Giving Alliance Standards of Excellence focuses on the organization's transparency and accountability in disclosing basic information to the public. This standard requires organizations to provide clear and accessible information about their mission, governance, finances, and programs. This includes disclosing key information such as the organization's board of directors, audited financial statements, and the percentage of the budget spent on programs versus fundraising and administrative expenses. By adhering to Standard 19, organizations demonstrate their commitment to transparency and accountability, which helps donors make informed decisions about supporting charitable organizations. This standard also helps to build trust and confidence in the nonprofit sector as a whole.
MB
Answered
An appropriate rule for crisis management is to never back off of a crisis because there will never be a better opportunity than the present time to resolve a crisis situation.
On May 07, 2024
False