During an interview, an applicant for a managerial job is confronted with role players who make the claim that they have been "harassed on the job." The applicant is then asked to deal with the complaints. What kind of selection device is being used the kind of selection device is being used is behavioral interview
What is selection device?Selected device are tools or technique adopted by human resources during interviews.
Behavioral interview can ask the interviewee about his or her previous experience and how they can use the experience in solving the same situation as presented before them.
Therefore, The kind of selection device is being used is behavioral interview.
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Ashton, Inc. , which closes its books on December 31, is authorized to issue $800,000 of nine percent, 20-year bonds dated May 1, with interest payments on November 1 and May 1
It is permitted for Ashton, Inc., which has a fiscal year-end on December 31, to issue $800,000 in nine percent, 20-year bonds with a May 1 maturity and interest payments due on November 1 and May 1.
Assuming that the bonds were sold for 100 plus interests accrued on October 1, the journal entries to document the subsequent occurrences are as follows:
a) Bonds Payable Cr. $800,000 Cash Dr. $800,000
b) ($800,000 x 9% x 6/12) = $36,000 in interest expenses. Interest Due, Current: $36,000
c) Dr. $36,000 Cash Cr. $36,000 Interest Payable Dr.
d) Entry is not necessary.
In the financial industry, bonds are a type of security where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to give the creditor cash flow (for example, repay the bond's principal (i.e., amount borrowed) at the maturity date as well as interest (called the coupon) over a specific period of time).
The length and volume of the cash flow delivered determine the sort of bond that is produced, which emphasizes the economic value. The interest is typically payable on a regular basis, as once every six months, once a year, or even less frequently. Therefore, a bond is a form of debt or IOU.
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correct question is:
Ashton, Inc., which closes its books on December 31, is authorized to issue $800,000 of nine percent, 20-year bonds dated May 1, with interest payments on November 1 and May 1.
Required
Prepare journal entries to record the following events, assuming that the bonds were sold at 100 plus accrued interest on October 1:
a. The bond issuance.
b. Payment of the first semiannual period’s interest on November 1.
c. Accrual of bond interest expense at December 31.
d. Payment of the semiannual interest on May 1 of the following year.
A restaurant customer complains to the waiter person that their meal has arrived at the table cold. After apologizing to the customer, the waiter person should:
a) remove the meal and reorder immediately
b) reheat the meal immediately
c) tell the customer that other staff are to blame
d) leave the meal on the table and reorder as soon as possible
Answer:a
Explanation:
On August 15, Calvin offers to sell Clarissa his laptop for $500 cash. He tells Clarissa she can only accept the offer by mailing the money to arrive by September 2 at his university mailbox. Clarissa mails a check for $500 to Calvin, and the money arrives in the mailbox by August 30th, although Calvin doesn't retrieve his mail (along with Clarissa's payment) until September 4th. Did Clarissa accept Calvin's offer?
a. No, because Clarissa didn't meet all the requirements of the offer.
b. Yes, because Clarissa paid Calvin's asking price for the laptop.
c. Yes, because the money arrived at Calvin's mailbox before September 2nd.
d. No, because Calvin did not actually receive
Answer: a. No, because Clarissa didn't meet all the requirements of the offer,
Explanation:
With regards to the information provided in the question, the offer won't be accepted because Clarissa didn't meet all the requirements of the offer.
Since Calvin told Clarissa that she can only accept the offer by mailing the money to arrive by September 2 at his university mailbox but the money eventually arrives in the mailbox by August 30th, although Calvin doesn't retrieve his mail alongside the payment until September 4th.
Discuss the following statements:
The growth in earnings is related to the firm’s profitability.
In the valuation of stocks of different companies, we can assume that the long-term growth rates are the same across companies.
The growth in earnings is indeed related to a firm's profitability, as higher profitability generally leads to higher earnings. However, assuming that long-term growth rates are the same across all companies in the valuation of stocks is not accurate, as different companies operate in diverse industries and have unique competitive advantages.
The growth in earnings is a crucial factor in assessing a firm's financial performance and future prospects. Earnings represent the company's profits after deducting expenses and taxes. Higher profitability typically leads to higher earnings because a profitable company generates more revenue and has better control over its costs and expenses. As a result, firms with a higher level of profitability are more likely to experience growth in earnings over time. Investors often pay close attention to earnings growth as it reflects the company's ability to generate sustainable profits and increase shareholder value.
However, assuming that long-term growth rates are the same across all companies in stock valuation is not accurate. Companies operate in different industries and have varying competitive advantages, market conditions, and growth prospects. Factors such as technological advancements, regulatory environments, consumer preferences, and global economic conditions significantly influence a company's growth potential. Therefore, it is crucial to consider these industry-specific factors when valuing stocks. Additionally, each company has its own unique business model, management team, and growth strategies, which further differentiate their long-term growth rates.
In summary, while the growth in earnings is generally related to a firm's profitability, assuming that long-term growth rates are the same across all companies in stock valuation is not appropriate. Each company operates in a specific industry with its own set of competitive advantages and growth drivers. Valuing stocks requires a comprehensive analysis of a company's profitability, industry dynamics, competitive position, and growth prospects to make informed investment decisions.
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the system of shifting itemized deductions into one year such that the amount of itemized deductions exceeds the standard deduction for the year, and then deducting the standard deduction the next year is known as
Bunching is the practice of taking the standard deduction in the following year.
Itemized deductions are used by individual taxpayers to reduce their tax liability. These are expenses that are tax deductible and can be deducted from AGI to lessen a taxpayer's overall tax liability. The amount of a tax burden reduction that an individual taxpayer may be eligible for will ultimately depend on their tax bracket and filing status. Only taxpayers who qualify for standard deductions have access to these alternatives. A tax-deductible expense is one that is incurred by an individual taxpayer on a variety of goods or services with the sole purpose of deducting the cost from their federal income tax liability. This type of expense is known as an itemized deduction and can be claimed on FIT (federal income tax) returns.
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what is marketing management?why is it important?
Its help to stand competent in highly thriving competition in the market.
Answer:
Marketing management is especially important for smaller businesses because it gives them a level footing to complete with larger players in the field.Thorough customer research,creative campaigns and marketing strategies and positive branding can go a long way in providing a brand with an edge over its competition.
Explanation:
hope it helps you
Solve the simultaneous equation
y+x=4
2y-x=5
Answer:
Value of X = 1Value of y = 3Solution,
Using substitution method,
y + x = 4
Move 'x' to the left hand side and change its sign:
y = 4 - x --------> equation (i)
Now,
2y - X = 5
putting the value of y from equation (i)
2( 4 - x ) - X = 5
8 - 2x - x = 5
8 - 3x = 5
- 3x = 5 - 8
- 3x = - 3
The difference sign (-) will be cancelled in both sides
3x = 3
3x/3 = 3/3
X = 1
Value of X is 1
Now, replacing the value of X in equation (i)
y = 4 - x
= 4 - 1
= 3
Value of y is 3
Hope this helps...
Good luck on your assignment...
In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
A) a decrease in supply
B )a fall in price
C) an increase in demand
D) a rise in price
Answer:
D) a rise in price
Explanation:
At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.
A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time. As per the law of demand, high product price causes demand to decrease while low price results in increased demand.
A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price. As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.
Can someone tell me if it’s correct, and which one is wrong
Answer:
Yes,they are correct.
Explanation:
Suppose that Air India and Jet Airways charge $400 for a round-trip economy class fare from New Delhi to Hong Kong, and that, presently, each airline has an equal market share in this corridor. Each airline believes that, if it cuts price by 10% while the other airline maintains price, the elasticity of demand will be -4.0. Half of the additional customers will be new flyers, while the other half will switch from the higher-priced airline. If both airlines cut price by 10%, then each will have a demand elasticity of -2.0. In this case, all of the additional customers will be new flyers. Let the unit cost of each seat be constant at $200 for both airlines. (a) Use a game in strategic form to analyse this situation. For each airline, the possible strategies are to maintain its price, or to cut its price by 10%. What will be the equilibrium? (Hint: let the sales of each airline at the current prices of $400 be Q). Show all calculations. No marks will be awarded without detailed calculations. (5 marks) (b) Suppose now that the two airlines form a revenue pool. Under this arrangement, they will contribute all their revenues to a common pool and each will get a half share of the pooled revenues. Each, however, must pay its own costs. Use a game in strategic form to analyze this revised situation. For each airline, the possible strategies are the same as in (a). What will be the equilibrium? Show all calculations.No marks will be awarded without detailed calculations.
The equilibrium in a non-cooperative game between Air India and Jet Airways will be for both airlines to maintain their prices at $400.
In this scenario, both airlines are considering two possible strategies: maintaining their current price of $400 or cutting their price by 10%. To analyze the situation, we can use a game in strategic form.
Let's consider the possible outcomes for each airline based on their strategies:
1. If Air India maintains its price while Jet Airways cuts its price by 10%:
- Air India's demand elasticity would be -4.0, meaning it would gain additional customers.
- Jet Airways' demand elasticity would be -2.0, meaning it would also gain additional customers, but all of them would be new flyers.
2. If both airlines cut their prices by 10%:
- Air India's demand elasticity would be -2.0, resulting in new flyer demand only.
- Jet Airways' demand elasticity would also be -2.0, leading to new flyer demand only.
Considering these outcomes, both airlines would prefer to maintain their prices because in that scenario, they would have equal market shares and existing customers would not switch to the other airline due to price cuts. This equilibrium is stable since neither airline has an incentive to deviate from maintaining their price.
In summary, the equilibrium in this non-cooperative game would be for both Air India and Jet Airways to maintain their prices at $400.
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A summary budget, one that contains the combined information of the flexible and operating budgets and is compiled
annually for the consideration of upper management, is called a____
-master
-operating
-industry standard
-start up
-accounting
Answer:
master
Explanation:
A master budget is an integration of all other functional budgets such as sales, purchases, marketing, and production. It is prepared when all the other budgets have been completed. The master budget is a summary budget that indicates the planned activities of the business for the coming period.
Master budgets have to be approved by the top management before implementation. A Master Budget shows the projected operating profit of the company for the coming financial period. It also portrays how the balance sheet will be at the close of the period.
Gross Domestic Product
Give all start up costs for opening a salon that has 8 workers with 8 stations and that does everything hair and wax related. Include the quantities for each item and the pricing
Rent/Lease for the salon space: $2,000 - $10,000
Build-out costs: $5,000 - $15,000
Equipment and supplies:
8 stations, chairs, and mirrors: $5,000 - $10,000
8 styling stations (styling chairs, styling stations, styling tools): $8,000 - $15,000
8 hair dryers: $4,000 - $6,000
8 hair washing stations: $8,000 - $12,000
8 hair cutting stations: $8,000 - $12,000
8 waxing stations: $8,000 - $12,000
Hair color, waxing, and other supplies: $5,000 - $10,000
Marketing and advertising costs: $2,000 - $5,000
Legal and accounting fees: $1,500 - $3,000
Insurance (liability, property, and worker's compensation) $2,000 - $5,000
Employee salaries: $8,000 - $12,000
Miscellaneous costs (utilities, phone, internet, etc): $5,000 - $10,000
Note that these numbers are rough estimations, and the cost can vary depending on location and other factors.
2. Where does Steve Jobs’ power and influence come from?
Answer:
working with apple and creating the mac
Explanation:
If your lifestyle budget is fifty thousand dollars a year, selecting a career earning seventy-five thousand dollars a year will most likely allow you to meet your lifestyle budget
Answer:
True
Explanation:
If one budgets to spend 50 thousand per year for the kind of lifestyle he wishes for then estimating a higher amount than the projected amount or budget for his lifestyle would enable him comfortably live this lifestyle. This is because his budgeted amount-50k might not be exactly the amount or may increase as a result of inflation and so making provisions for any errors by looking for pay which adds 20k to his annual earnings would be very much needed to reach his lifestyle expenses
The number of seats a table can have is usually expressed as the number and the word "top". You can have 17, 4-top tables, 28, 2-top tables, 15, 6-top tables and 5, 10-top tables. How many can your restaurant seat?
A) 244 seats
B) 264 seats
C) 288 seats
D) None of the above
Answer:
B) 264 seats
Explanation:
'Top' is the number of seats per table.
17 tables with 4 seats will have
17 x 4 = 68 people
28 2-top tables
28 x 2 =56 seats
15, 6-top tables
15 x 6 =90 seats
5, 10-top tables.
5x10 = 50 seats
Total number of people who can seat
= 68 + 56 +90 +50
=264 seats
Your bank gives you 50 points for monthly online bill pay, 50 points for monthly mobile deposits, 100 points per car payment, and 1.5 points per dollar credit card spent. You had monthly credit card charges of $1,400 last month. You earn $75 per 10,000 points. How much in dollars did you earn from points last month.
Answer: Last month earning = $17.25
Explanation:
Fill in the table by indicating the changes in the determinants necessary to decrease short-run aggregate supply (increase/decrease)
Input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.
What is supply?It should be noted that supply is the quantity of goods that a producer is willing to sell at a price and particular period.
In this case, input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.
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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
A. 16;32
B. 16;8
C. 8;32
D. 8;16
Answer:
B. 16;8
Explanation:
A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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if the risk-free rate is 4.60 percent and the risk premium is 2.6 percent, what is the required return?
The Required return is 0.0471%
What does "risk-free" in a business context mean?
Theoretically, an investment that offers a reasonable return with no risks would generate a return known as a risk-free return. The profit on an investor's wealth that can be anticipated from a completely risk-free commitment over a certain time period is represented by the uncertainty rate of return.
Can a company operate risk-free?
Every firm must deal with risk since it cannot be avoided. Risk can be reduced but not entirely removed. The level of risk primarily depends on the size and magnitude of the organization; it is lower for smaller firms and higher for large businesses.
Briefing:
Required return =4.60% + 2.6% = 0.0471%
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Someone who creates attractive presentations of food dishes for magazines is called which of the following?
a. food stylist
b. research chef
c. personal chef
d. food preparation worker
Answer:A
Explanation:
Smedley, a careful utility maximizer, consumes peanut butter and ice cream. Assume that both peanut butter and ice cream are normal goods. Right after he achieves the utility-maximizing level of consumption of the two goods, the price of ice cream increases. To adjust to this event, he consumes _____ peanut butter and _____ ice cream.
Considering the situation described above, to adjust to this event, he consumes more peanut butter and less ice cream.
This is because the price of the ice cream has increases, thereby following the law of demand and supply, which means the higher the price, the lower the demand.
Similarly, since the price of peanut butter remains the same, it is expected that Smedley would consume more of it.
Hence, in this case, it is concluded that the correct answer is more and less, respectively.
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2. [-/2 Points] DETAILS TEAFM2 F.4.014. MY NOTES PRACTICE ANOTHER Find the monthly payment needed to amortize a typical $220,000 mortgage loan amortized over 30 years at an annual interest rate of 6.5% compounded monthly. (Round your answers to the nearest cent.) $ Find the total interest paid on the loan. $ Additional Materials DeBook
To find the monthly payment needed to amortize a $220,000 mortgage loan over 30 years at an annual interest rate of 6.5% compounded monthly, we need to follow some steps.
Steps are :
1. Convert the annual interest rate to a monthly rate by dividing by 12: 6.5% / 12 = 0.065 / 12 ≈ 0.005417
2. Calculate the total number of monthly payments over the 30-year loan: 30 years * 12 months/year = 360 months
3. Use the mortgage payment formula to find the monthly payment:
Monthly Payment = P * (r * (1 + r)^n) / ((1 + r)^n - 1)
where P is the loan amount, r is the monthly interest rate, and n is the total number of monthly payments.
4. Plug in the values and calculate the monthly payment:
Monthly Payment = $220,000 * (0.005417 * (1 + 0.005417)^360) / ((1 + 0.005417)^360 - 1) ≈ $1,408.44
So, the monthly payment needed to amortize the loan is approximately $1,408.44.
To find the total interest paid on the loan:
1. Multiply the monthly payment by the total number of monthly payments: $1,408.44 * 360 ≈ $506,634.40
2. Subtract the initial loan amount from the total amount paid: $506,634.40 - $220,000 ≈ $286,634.40
The total interest paid on the loan is approximately $286,634.40.
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Which of these are commonly found on a partnership agreement?
Answer:
We need the options
Explanation:
please add options
- Osi
a. How many more people were working in agri-
cultural jobs in the traditional economy than in
the market economy?
In the traditional economy there were hundreds more people working than in the market economy
The market economy is an economic term characterized by:
A system of economic relations based on sale and exchangeThe state does not play a decisive role and in which decisions are made by each economic entity independentlyA market economy is characterized by private propertyOn the other hand, the traditional economy is characterized by:
They are based on traditional economic activities such as agriculture and harvestingFocuses on survivalHas a reduced economic surplusAccording to the above, in a traditional economic system, more people are working in agriculture than in the market economy because the market economy is based on industrial production and exchange.
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Tyson Chicken is contemplating a new chicken fries product, Spicy Chicken Fries, to add to its grocery store offerings. Tyson's estimates that this new product project's NPV is $4 million, but that figure does not consider that the Spicy Chicken Fries could result in reduced revenues for the existing chicken fries product. Tyson's also estimates that it will lose $730,000 in after-tax cash flows during each year of the next decade because of the new product. Tyson's discount rate is 9%. After considering the losses (externalities) of the project, what is its NPV? $684,890
−$684,890
$4,684,890
−$4,684,890
The NPV of the Spicy Chicken Fries project, after considering the losses, is -$1,781,459.61.
How to calculate the net present value of Spicy Chicken Fries projectTo calculate the net present value (NPV) of the Spicy Chicken Fries project after considering the losses, we need to subtract the present value of the after-tax cash flows from the initial NPV estimate.
Given:
Initial NPV estimate: $4 million
After-tax cash flows per year: -$730,000
Discount rate: 9%
To calculate the NPV after considering the losses, we need to discount the after-tax cash flows and subtract them from the initial NPV estimate:
NPV = Initial NPV estimate - Present value of after-tax cash flows
First, let's calculate the present value of the after-tax cash flows over a 10-year period. We can use the formula for the present value of an annuity:
PV = C * [1 - (1 + r)^(-n)] / r
Where:
PV = Present value
C = Cash flow per year
r = Discount rate
n = Number of years
PV = -$730,000 * [1 - (1 + 0.09)^(-10)] / 0.09
PV = -$5,781,459.61
Now, we can calculate the NPV after considering the losses:
NPV = $4,000,000 - $5,781,459.61
NPV = -$1,781,459.61
Therefore, the NPV of the Spicy Chicken Fries project, after considering the losses, is -$1,781,459.61.
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The NPV of the project after considering the losses (externalities) is approximately -$178,890.97.
To calculate the NPV of the project after considering the losses (externalities), we need to subtract the present value of the after-tax cash flows from the initial NPV estimate.
Given:
Initial NPV estimate: $4 million
After-tax cash flow loss: $730,000 per year
Discount rate: 9%
Time period: 10 years
Step 1: Calculate the present value of the after-tax cash flows.
PV = CF / (1 + r)^n
where PV is the present value, CF is the cash flow, r is the discount rate, and n is the time period.
PV = -$730,000 / (1 + 0.09) ^1 + -$730,000 / (1 + 0.09)^2 + ... + -$730,000 / (1 + 0.09)^10
Using the formula for the sum of a geometric series, the present value of the after-tax cash flows can be calculated as follows:
PV = -$730,000 * [(1 - (1 + 0.09) ^ (-10)) / 0.09]
PV ≈ -$4,178,890.97
Step 2: Calculate the NPV after considering the losses.
NPV = Initial NPV estimate - Present value of cash flows
NPV = $4,000,000 - $4,178,890.97
NPV ≈ -$178,890.97
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If you were looking for a derivative contract to obtain the right, but not the obligation to buy a stock at a specified time, at a predetermined price, you would: a. sell a put option b. buy a put option c. buy a call option d. sell a call option
To obtain the right, but not the obligation, to buy a stock at a specified time and predetermined price, you would buy a call option.
The correct option is c. buy a call option
A call option gives the holder the right to buy an underlying asset, such as a stock, at a predetermined price (known as the strike price) within a specified period of time. By purchasing a call option, the buyer has the choice to exercise the option and buy the stock at the strike price or let the option expire if it is not profitable to exercise.
On the other hand, selling a put option (option A) would give the seller the obligation to buy the stock at the strike price if the buyer chooses to exercise the option. Buying a put option (option B) would give the buyer the right to sell the stock at the strike price, which is the opposite of the desired outcome in this case. Selling a call option (option D) would give the seller the obligation to sell the stock at the strike price if the buyer exercises the option, which is also not the desired outcome.
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Prices for common vegetables tend to be elastic. Why?.
Demand elasticity is the extent to which a change in price causes a change in the quantity demanded. Prices for common vegetables tend to be elastic. Why? because other vegetables are available.