The FASB most always considers a materiality concept in their own decision-making process when creating new accounting standards.
An accounting standard is a collection of procedures and guidelines used to standardize bookkeeping and other accounting operations over time and across different businesses. All aspects of an entity's financial picture, including its assets, liabilities, income, outlays, and shareholders' equity, are subject to accounting standards.
Usually, strict regulations apply to publicly traded companies. Small and medium-sized businesses frequently adhere to less stringent rules and make any specific disclosures that their particular lenders and shareholders require.
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What type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, while still having some funds to use for entertainment, rest and relaxation?.
Cash Flow Planning type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, while still having some funds to use for entertainment, rest and relaxation.
Running a business requires careful consideration of cash flow. A company will be compelled to permanently close its doors if it does not have enough funds to operate. The movement of money during a company's various stages, from start-up to growth, maturity, and decline, is referred to as "cash flow" in its purest sense. A business needs the capacity to make future projections in order to manage cash flow. Without it, managers won't be able to make informed choices about investments and other significant purchases. Making a plan to guarantee that your company has adequate cash on hand to meet its financial obligations is called cash flow planning.
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A car company is testing a new type of tire. They want to determine the average stopping distance in light rain, light snow and dry conditions. They test out tires on four randomly selected cars from the lot. They want to know if the stopping distance is significantly different under the three conditions. What is the factor?.
Road conditions is the main factor to determine the average stopping distance in light rain, light snow and dry conditions. ANOVA (Analysis of Variance) used in this experiment.
The variables that the investigator controls during an experiment in order to ascertain their impact on the response variable are called factors. Here, we want to see if there are any significant differences in the stopping distance across the three scenarios. 4 randomly chosen automobiles make up the experimental units (type of tire). ANOVA (Analysis of Variance) may be used in this experiment to determine whether or not the means of the three groups are equal.
By dividing the variability into systematic and random variables, the statistical models in the ANOVA (Analysis of Variance) collection are used to evaluate the differences between the means of two independent groups. It is useful to ascertain how the independent variable affects the dependent variable.
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Apple inc. contracts with companies in taiwan to make inputs such as the chips, batteries, and lcd displays that power its digital devices at lower costs. this strategy is an example of _____.
Apple Inc. contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of global outsourcing.
What do you mean by means of outsourcing?
Outsourcing is a commercial enterprise practice wherein a organization hires a 3rd-birthday party to perform tasks, deal with operations or offer offerings for the organization.
What's a outsourcing example?
Advertising, office and warehouse cleansing, and internet site development are the satisfactory examples of outsourcing. Maximum commercial enterprise owners delegate authority to outsourced specialists when it comes to bookkeeping, renovation, recruitment. This allows companies to awareness maximum of their sources on the main interest.
What is the gain of outsourcing?
Outsourcing assist you to leverage understanding and talents together with your whole deliver chain. Outsourcing can also help to make your business more bendy and agile, able to adapt to changing market conditions and challenges while supplying fee savings and provider level upgrades.
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The ________ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment.
The mission statement serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. It defines the organization's goal and ultimate intention. The vision is supported by the mission statement, which communicates purpose and direction to employees, customers, vendors, and other stakeholders.
A excellent mission statement embraces a target audience's expectations for something they actually desire. Zappos' mission statement, for example, is "to give the greatest customer service possible." This instils in Zappos' customers the expectation that they will receive outstanding customer service every time. Everything we do is focused on Our Mission.
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Which phase of the business cycle would have a falling unemployment rate, meaning more jobs are becoming available?
Contraction
Expansion
Peak
Trough
The expansion phase of the business cycle can be defined as the phase where there would be falling unemployment rate, meaning more jobs are becoming available.
What is the business cycle?This is the term that is used to refer to the periods of business expansions , recoveries and recessions that are seen in a given economy. The business cycle is used to show the decreases and the increases in the economy.
The period of a decrease in unemployment is an expansion period that shows that the economy is about to experience recoveries.
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Answer:
Expansion
Explanation:
I'm taking the test so.
You+invest+$7,000+in+a+stock+that+has+a+25%+chance+of+a+6%+return,+a+35%+chance+of+a+9%+return+and+a+40%+chance+of+a+10%+return.+what+is+your+expected+return+after+one+year?
[DISCLAIMER :- The question asked is improper question. The complete question is given below :
Below is the complete question and hence, has been answered accordingly.
"You invest $7,000 in a stock that has a 25% chance of a 6% return, a 35% chance of a 9% return and a 40% chance of a 10% return. what is your expected return after one year ?"]
The expected come back when one year are going to be 8.65%
What is expected come back?The expected return is that the quantity of profit or loss associate capitalist will associate receiving on an investment.How we will tend to calculate it?To realize expected come back we multiply the potential outcomes by the percentages and so summation all the result.Expected come back are often expressed as : (p1r1) + (p2r2) + … + (pn rn)
Where
p= chance of every come back in an exceedingly state of affairs
r= Rate of come back with completely different chance in an exceedingly given state of affairs
n= state of affairs variety
So, expected come back :
= (6 X 0.25 ) + (9 X zero.35) +(10 X zero.40)
=1.5 + 3.15 + 4
=8.65%
Hence, the expected come back when one year are going to be 8.65%.
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Why is this case an example of trademark violation? payless made sneakers with a pattern that is similar to the adidas logo. payless hired a designer from adidas to create sneakers for them. payless used the adidas logo in its tv commercials and print ads. payless made running shoes based on the style and design of an adidas sneaker.
This case is an example of trademark violation because Payless made sneakers with a pattern that is similar to the Adidas logo.
Unauthorized use of a trademark or service mark on or in connection with goods and/or services in a way that is likely to lead to misunderstanding, deception, or mistake about the source of the goods and/or services is known as trademark infringement. a court order that forbids the use of the allegedly offensive mark. If the mark has already been registered, an injunction through the cancellation of the registration. An injunction or a letter requesting the violator to cease using the trademarked material is the most typical punishment for trademark infringement. An intentional violation of trademark law may also result in criminal or civil penalties, though this is uncommon.
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Answer:
A
Explanation:
Edge2020
A change in each of the following is a lagging economic indicator except? a employment duration b reported corporate profits c inventory to sales ratio d initial claims for unemployment
An exchange in every of the following is a lagging economic indicator besides employment duration.
An economic indicator is a macroeconomic dimension utilized by analysts to apprehend modern and destiny economic activity and possibility. The most extensively-used economic signs come from statistics released with the aid of the government and non-income businesses or universities.
An economic indicator is a statistic of approximately a financial interest. economic signs permit evaluation of monetary performance and predictions of destiny overall performance. One application of economic signs is the look at business cycles. Wikipedia
importance
A leading indicator is an economic aspect that has a tendency to alternate earlier than the economic system begins to exchange. A lagging indicator is a monetary element that modifications simplest after the change inside the economy has already taken place. leading indicators are used to forecast extensive shifts within the financial system.
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the process behind the production of "account inc.," a suite of business accounting and inventory software, is protected by
The process behind the production of "account inc.," a suite of business accounting and inventory software, is protected by trade secrets law.
Enterprise is the hobby of making one's living or creating wealth by means of generating or shopping for and selling products. it is also "any interest or agency entered into for income.
A business is described as a company or enterprising entity engaged in industrial, industrial, or professional sports. companies may be for-profit entities or non-earnings organizations. enterprise types variety from restricted legal responsibility agencies to sole proprietorships, corporations, and partnerships.
The definition of enterprise is an occupation or change and the purchase and sale of products or services to make a income.
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during the last year, globo-chem co. generated $1,170 million in cash flow from operating activities and had negative cash flow generated from investing activities (-$640 million). at the end of the first year, globo-chem co. had $200 million in cash on its balance sheet, and the firm had $330 million in cash at the end of the second year. what was the firm’s cash flow (cf) due to financing activities in the second year?
The firm’s cash flow due to financing activities in the second year is −$350 million
A coins glide is a real or virtual motion of cash flow a coins drift in its slim experience is a charge, particularly from one principal bank account to any other; the term cash itwaft is primarily used to describe.
cash flow is the motion of money inside and out of an employer. cash acquired signifies inflows, and cash spent indicates outflows. The coins drift statement is an economic announcement that reports on an employer's resources and usage of cash over some time.
Cash flow from operating activities (CFOA) = $1,170 million
Cash flow from investing activities (CFIA) = (-$640 million)
Cash in the balance sheet = $200 million
Cash at the end of the second year = $380 million
Cash at the end of the second year = Cash in the balance sheet + CFOA + CFIA + CFFA
$380 million = $200 million + $1,170 million − $640 million + CFFA
CFFA = −$350 million
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a management system that focuses on maintaining lean inventories while producing products as needed by the customer.
A management system that focuses on maintaining lean inventories while producing products as needed by the customer is Just-in-time management (JIT).
What is Just in time management?JIT is a type of inventory management that calls for close coordination with suppliers to ensure that raw materials arrive at the exact time when manufacturing is supposed to start, but no earlier. The objective is to keep just enough inventory on hand to meet demand.
Just in time, or JIT, is a production and inventory control method where products are made only as needed to satisfy actual customer demand. Inventory levels in the Just In Time manufacturing system are kept to a minimal, and occasionally even zero.
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A management system that focuses on maintaining lean inventories while producing products as needed by the customer is .................
An auditor tests an entity's policy of obtaining credit approval before shipping goods to customers in support of management's financial statement assertion of?
An auditor tests an entity's policy of obtaining credit approval before shipping goods to customers in support of management's financial statement assertion of Valuation.
In order for the client to be able to repay the firm's credit, the company must verify that the consumer has a suitable valuation. The auditor examines this.
What Is Valuation?
The analytical process of estimating the worth of a company or an asset is known as valuation. There are several methods for performing an evaluation. In addition to other factors, an analyst putting a value on a firm considers the management of the company, the make-up of its capital structure, the likelihood of future profits, and the market worth of its assets.
Although there are other techniques that may be used, such as the capital asset pricing model (CAPM) or the dividend discount model, fundamental analysis is frequently used in valuation (DDM).
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Assume that the risk free rate increases, but the market risk premium remains constant. What impact would this have on the cost of debt
if the risk-free rate increases and the market risk premium remains constant, the cost of equity will increase. On the other hand, the cost of debt will also increase if the risk-free rate increases.
The rate of return provided by an investment with no risk is known as the risk-free rate. The concept of the risk-free rate is somewhat speculative because every investment asset carries some level of risk, no matter how minor. It is commonly understood to refer to the interest rate on short-term government debt. The general flexibility of the capital markets (affected by supply and demand, i.e., a decline in the money supply growth rate will reduce the supply of capital and increase interest rates), as well as the anticipated rate of inflation, are factors that affect the nominal risk-free rate (NRFR).
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The existence of goodwill on a corporate balance sheet indicates that the corporation has:________
The existence of goodwill on a corporate balance sheet shows that the business enterprise has: been worthwhile in the past.
A balance sheet is a statement of a business's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is prepared at the quit of set periods (e.g., each zone; annually). A stability sheet is produced from columns. The column at the left lists the assets of the organization.
In economic accounting, a balance sheet is a summary of the economic balances of a character or organization, whether or not it's a sole proprietorship, a business partnership, a business enterprise, a personal restrained business enterprise, or another business enterprise along with authorities or now not-for-profit entity.
A balance sheet offers you a photo of your company's monetary function at a given factor in time. in conjunction with an income declaration and a coins float declaration, a balance sheet can help commercial enterprise owners evaluate their organization's financial standing.
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Under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time. gtrue or false
All revenues and expenses are recorded at the same time in both accrual-basis and cash-basis accounting. The statement is false.
In the context of accounting, revenue refers to the total income from sales of products and services that are directly related to the company's core operations. Sales or turnover are two other terms for commercial revenue. Some firms derive their money through interest, royalties, and other charges.
The term "revenue" can refer to income in general or to the sum, expressed in money terms, earned over a certain period of time, as in "Last year, Company X had revenue of $42 million." Profits or net income often refer to total revenue less total expenses for a specific time period.
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When a marketing manager thinks about the needs customers want satisfied, rather than how one product beats another, this marketing manager is looking more broadly at the ______ market.
This marketing manager is looking more broadly at the generic market.
Generic markets often feature groups of consumers who have a broad need that can be met by a wide range of products or services. Everyone, for example, requires food, and everything from grocery stores and restaurants to farming cooperatives may provide it.
Marketing Manager
A marketing manager is in charge of overseeing the marketing efforts of a company, service, or product. Marketing managers forecast market demand and lead a marketing team in developing and implementing creative and distinctive methods to generate customer interest through different media channels. They are also responsible for teaching their team members on campaign-specific marketing plans.
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which of the following mawhich of the following are benefits of an internship? select all that apply.ight be part of a job description for an entry-level project manager role?
A fresh junior project manager with ambition and zeal is required for our North Coast branch. You'll be actively involved in high-impact initiatives, up front, and giving your creative energy. Manager of a project, a program, and a portfolio.
Obligations and duties of project managers
What Tasks Are Assigned to a Project Manager?
Create a plan for the project idea. Every project begins with an idea.Build and Lead Your Dream TeamTrack Project Progress and Set DeadlinesAddress Emerging Issues Handle Money Ensure Stakeholder SatisfactionTo learn more about project managers from the given link.
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small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year.
small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year, It is Retail certificate of deposit (CD).
A Certificate of Deposit (CD) is what, exactly?
A certificate of deposit (CD) is a type of savings instrument that accrues interest on a single quantity of money for a certain amount of time. Unlike savings accounts, CDs require that the money stay undisturbed over the full term to avoid penalties and missed interest. Savings accounts often provide lower interest rates than CDs as compensation for liquidity loss.
The majority of consumer financial institutions provide certificates of deposit (CDs), although each bank is free to set its own conditions, rate of interest in comparison to savings and money market products, and early withdrawal fees.
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excel solve *to produce/store at each quarter in order to meet the demand at the minimum total production and inventory holding cost.
C15*(C3+C6)/2= Unit carrying cost
A company's carrying cost is the sum it pays keeping inventories on hand over time. It is the price of owning, retaining, and stocking the products. Renting the warehouse where the inventory is stored, running the warehouse, paying the wages of the people working there, any inventory loss from theft or damage, and insuring the inventory are all included in the carrying costs. Carrying cost typically range from 15% to 30% of the value of an organization's inventory. This number is crucial because it informs the business how long it can hold its inventory before it starts to lose money on unsalable items.
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Distinguish among corporate, business, and functional strategies. how does each strategy relate to hrm? why?
The company approach is your employer's huge-image desire. in case you're big enough to have corporate departments, every department ought to have an enterprise method based on the company goals. The purposeful approach is an in-depth plan for transferring toward the business desires.
The corporate stage method includes pinnacle-stage management. the commercial enterprise-level approach includes the capacity to compete of each enterprise unit. practical degree method includes every single function in each business unit.
Within the hierarchy of targets, it is the company targets that can be the boss! those are the targets that the enterprise as an entire is making an attempt to achieve. through assessment, purposeful goals can be viewed as an inclined servant of the corporate goals.
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consider pablo’s decision to go to college. if he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. if he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. pablo’s cost of going to college is
if he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. pablo’s cost of going to college is "$123,000".
What is a cost in economics?In economics, the phrase "cost" refers to the value assigned to the time, effort, materials, risks, as well as other resources used to provide a good or service.
An organization must pay a variety of costs, such as opportunity costs, fixed costs, implicit costs, direct costs, societal costs, and replacement costs. Contrarily, revenue is the money that a business brings in from the sale of its products or services. Tax, interest, and dividend deductions that an entity has made are excluded. The profitability of a company can be determined by examining its costs and revenues.
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if a consumer and broker who are working together don’t have a written brokerage agreement, what’s their default relationship?
If a consumer and broker who are working together don’t have a written brokerage agreement, transaction their default relationship. A broker is a person or company who works as a go-between for an investor and a securities exchange.
Individual traders and investors require the services of exchange members since securities exchanges only accept orders from persons or firms who are members of that exchange. Brokers provide that service and are reimbursed in a variety of methods, including commissions, fees, and payment from the exchange relationship itself. A broker is a person or company who works as a go-between for an investor and a securities exchange.
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Roseanne sells her personal automobile for $1,000 in the current tax year. she purchased the car for $12,000 nine years ago. what are the tax effects of the sale in the current tax year?
The tax effects of the sale in the current tax year is Roseanne recognizes a deductible loss of $11,000 in her current-year tax return because of the capital recovery concept.
Capital Recovery: Capital recovery, which is a break-even statistic, generally relates to recouping initial investment funds through returns from that investment. It also applies to recovering investment money through the sale of assets. The phrase also applies to business debt recovery.
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Bolivia's government attempted to solve some of its problems with inequality of outcomes due to foreign investment in its natural gas resources by?
Bolivia's government attempted to solve some of its problems with the inequality of outcomes due to foreign investment in its natural gas resources by Nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits.
There are diminishing marginal returns to elements of production the PPF is bowed out from the beginning. think that the house country in the two-area production and agriculture precise-factors model has a comparative gain in agricultural output. there is no change in that enterprise. The gravity equation is used to expect: the extent of bilateral change.
The Ricardian version of worldwide exchange tries to give an explanation for the distinction in comparative gain on the idea of technological difference throughout the nations. Ricardo articulated the precept of comparative advantage: international locations specialize in the sports in which they may be quite greater efficient. those productivity differences stem from variations in technology or capabilities in labor productiveness.
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according to general systems theory, boundary exchanges are exemplified by which of the following? multiple choice an industrial company installs new equipment in its plant to comply with environmental regulations. a software company develops an application for a client. a purchasing department employee negotiates a price on parts with a supplier. all of these answers are correct.
According to general systems theory, boundary exchanges are exemplified by all the given options. Hence, all these answers are correct.
The general system theory explains "how to break things down into their component elements and then to study how the components function together in systems." There are several names for general system theory, including systems theory, theory of open systems, systems model, and family systems theory.
An industrial company installs new equipment in its plant to comply with environmental regulations, a software company develops an application for a client, a purchasing department employee negotiates a price on parts with a supplier are all examples of general system theory.
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One of the advantages of personal selling is that it is the most __________ method used to communicate with customers. multiple choice flexible generic defensive credible reasonable
Personal selling has the benefit of being the most adaptable way of client communication. various options versatile generic trustworthy reasonable
Personal selling is the process of a salesman meeting with a potential client in order to complete a contract. Many salespeople employ a sequential sales process that typically consists of nine parts. For all or certain steps of the sales process, some salespeople write scripts.A Personal Selling Case Study
A common marketing strategy is personal selling, particularly for goods with exorbitant prices or complex features. Excellent examples are cars, office equipment like photocopiers, and a variety of goods that businesses sell to other industrial customers..To Learn more about Personal Selling, Click the links.
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a local bank will pay you $230 a year for your lifetime if you deposit $4,000 in the bank today. if you plan to live forever, what interest rate is the bank paying?
The interest rate is 5.75%.
The interest rate is the quantity a lender costs a borrower and is a percentage of the important quantity loaned. The interest price on a loan is normally cited on an annual basis known as the yearly percent charge.
Interest rate has been defined as the amount return to the bank at with respect to the principal amount. The interest rate has been given onto the principal at varying percent.
Given,
The principal value of investment (initial deposit) = $4,000
The amount paid by bank per year (annual payment), = $230
The interest rate (r) to the base amount has been given by:
Interest rate = (Annual payment / initial deposit)*100
= ($230/$4,000)*100
= 5.75 %
The interest rate the bank is paying for lifetime has been 5.75%.
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Do you think that someone could be a good systems manager but a poor project manager?
The someone could be a good systems manager but a poor project manager-
This function may additionally want the manager to put in force set up and operations project at the IT structures. They usually emerge as dealing with the entire lifecycle of the software program or hardware. but, being true on the job of structures manager does now not mean that the man or woman might be correct at venture management. The projects that a machine manager undertakes focuses specially on the undertaking or activities. however, the initiatives undertaken with the aid of a challenge supervisor desires to cognizance not handiest tasks but also about price range, dependency, time of the venture and probabilities of succession. that is why a very good structures manager won't be a terrific mission supervisor.Within the opposite scenario, a challenge manager can be running in distinct domain names. This indicates, the mission manager could be on a construction undertaking, a monetary venture, or IT systems mission. In such situation we cannot necessarily deduce that a mission supervisor has the concern count number expertise to be a systems manager. consequently the reverse does no longer keep authentic either.Learn more about manager https://brainly.com/question/14523862
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A firm employing 300 workers has 25 recordable injuries and illnesses in a year. what is the total injury-illness incidence rate?
A firm using 300 workers has 25 recordable wounds and illnesses in a year. The total injury-illness incidence rate
(25 X 200,000 )/ (300 X 2,000) = 8.33
What is the total case incident rate?The total case incident rate (TCIR) is a figure that represents the number of work-related wounds per 100 full-time workers over a year. The analysis is based on the number of mandatory reported OSHA recordable injuries and conditions. Because of this, TCIR is also known as the OSHA incident rate.
(No. of injuries and illnesses X 200,000 ) / Worker hours worked = Incidence rate.
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Compared to the long-run supply elasticity of tequila, the short-run supply elasticity is likely?
Compared to the long-run supply elasticity of tequila, the short-run supply elasticity is likely more inelastic because the price cannot immediately affect the supply.
Lengthy-run supply is usually greater elastic ultimately than in the brief run for produced gadgets whilst you keep in mind that it's far generally assumed that in the end all elements of manufacturing can be carried out to growth supply whilst in the short run best labor can be improved, or even then adjustments may be prohibitively.
The deliver modifications little with a trade in fee then sources are taken into consideration inelastic. supply is elastic if there are big adjustments in transport for a small trade within the rate. If the percentage alternate in fee is equal even though contrary to the percentage trade in quantity then supply elasticity is unit elastic.
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