Answer: private placement.
Explanation:
19. Which of the following is the basic purpose of a company's promotional mix:
A. To provide all product information
B. To influence consumers to purchase
C. To list the company's products
D. To reduce competitors' sales
Answer:
B. To influence consumers to purchase
Explanation:
Suppose a shift in aggregate demand creates an economic contraction. If policymakers can respond with sufficient speed and precision, they can offset the initial shift by shifting.
If policymakers can respond with sufficient speed and precision, they can offset the initial shift by shifting the aggregate demand right.
What does it mean when aggregating demand shifts to the right?The entire amount of products and services in an economy that customers are willing to pay for within a specific time frame is known as aggregate demand. Aggregate demand is thus calculated by adding together government spending, investment spending, consumer spending, and the difference between exports and imports.
A shift in the AD curve to the right indicates an increase in at least one of these factors, resulting in higher overall expenditure at all price levels. An example of this is a "positive demand shock." As a result, an increase in the quantity needed at every price results from a shift in demand to the right.
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Why is genetic drift often a factor influencing speciation after a founder event?
A) Because founder events typically involve movement of a group from one geographical area to a different geographical area
B) Because founder events represent one type of allopatric speciation
C) Because founder events typically involve small numbers of individuals
D) Because founder events create conditions that do not allow interbreeding between founders and individuals from the founding population
Genetic drift often a factor influencing speciation after a founder event "because founder events typically involve small numbers of individuals", hence option C is correct. Genetic drift is a random fluctuation of allele frequencies in a population due to chance events.
When a small group of individuals (founders) becomes isolated from a larger population, genetic drift can have a significant impact on the genetic makeup of the new population. This can lead to the fixation of certain alleles and the loss of others, creating genetic differences between the founding population and the new population. Over time, these genetic differences can accumulate and lead to speciation, the formation of new species. Therefore, genetic drift is often a factor influencing speciation after a founder event, as the small population size and isolation increase the chances of random genetic drift occurring.
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Activity
Pick one company from each of the following sectors and analyze the company's marketing mix: health care, food and beverages, consumer
goods, travel, and electronics.
Answer:
Health care: Wesley Emergency Care provides emergency health care for people that need urgent help. Prices are quite expensive because the need is high for these services. This is inelastic pricing. Wesley promotes itself via billboards and a direct mail in the form of a health care newsletter. Wesley Emergency Care is conveniently located at a cross section of the town, and patients must come to the hospital, although an emergency ambulance service is available for patients that need emergency transportation.
Food and beverages: Marie Callender’s provides frozen meals that taste like home-cooked food. Prices are a bit more expensive than other brands because the food is tastier than Stouffers or other mainstream brands. While the pricing is fairly elastic, this brand positions itself as a premium product, so it sets its prices higher. Marie Callender’s uses television advertising for their promotion because visibility is as important as the message. The distribution channel is long, starting from the manufacturer to a distributor to a cold-storage warehouse and finally to the retailer.
Consumer goods: Bic pens are good-quality pens at inexpensive prices. Promotion is minimal as the brand name is so renowned, although they do use some television advertising. The distribution channel is typical for a consumer good, from manufacturer to distributor to warehouse to retailer.
Travel: Southwest Airlines. Southwest provides no-frills passenger air travel to and from major cities. Prices are highly elastic for airline tickets. Southwest keeps its prices as low as possible and does not charge for baggage. It uses television advertising and magazine ads for promotion. It is different from other airlines in that it does not use a distribution venue through online price comparison or online travel booking websites as this would raise the price of the fare. Instead, consumers have to check Southwest’s prices on their own.
Electronics: iPhone. The iPhone, from Apple, is a premium-priced smartphone. The iPhone positions itself as a superior brand. Therefore, sometimes, it limits its supply when a new version is introduced. As a result, the prices of the phone increase since the consumers see the product as something special. Promotion is based heavily on television advertising. The distribution channel is shorter than most channels as Apple prefers to design and build its operating system in-house and use dedicated software and drivers. Retail outlets consist of Apple stores, licensed electronics stores, and Apple’s website.
Explanation:
let just start ignoring celebrities and see what happens
Answer:
alr bet
Explanation:
Why research proposal often gets rejected?
Give me at least 5 reason why?
cheating sneaking trust grown enough men and women
What do you think are the most important components of budgeting? Why?
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
.Ontonagon City presents the following pre-closing trial balance for its General Fund as of the end of the year:
(Debits)
Credits
Cash (Debits $116,000)
Taxes Receivable (Debits 29,000)
Estimated Uncollectible Taxes (Credit $5,000)
Due From Other Funds (Debits $2,000)
Vouchers Payable (Credit 14,800)
Tax Anticipation Notes Payable (Credit 50,000)
Fund Balance (Credit 69,200)
Budgetary Fund Balance (Debits 11,000)
Estimated Revenues (Debits 249,000)
Revenues (Credit 258,000)
Appropriations (Credit 255,000)
Expenditures (Debits 245,000)
Totals
$652,000
$652,000
What is the amount of fund balance at fiscal year-end after all closing entries are made that is
To determine the amount of fund balance at fiscal year-end after all closing entries are made, we need to make certain adjustments to the pre-closing trial balance.
What is the adjustments ?The first adjustment is to close out the budgetary fund balance to the fund balance account. This means that we need to add the budgetary fund balance of $11,000 to the fund balance credit of $69,200, giving us a new fund balance credit of $80,200.
The second adjustment is to close out the estimated revenues account to the revenues account. This means that we need to subtract the estimated revenues debit of $249,000 from the revenues credit of $258,000, giving us a new revenues credit of $9,000. The third adjustment is to close out the expenditures account to the vouchers payable account.
This means that we need to subtract the expenditures debit of $245,000 from the vouchers payable credit of $14,800, giving us a new vouchers payable credit of $230,200. Lastly, we need to add the estimated uncollectible taxes credit of $5,000 to the taxes receivable debit of $29,000, giving us a new taxes receivable debit of $34,000.
After all of these adjustments are made, the amount of fund balance at fiscal year-end is $80,200.
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why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
students have to change buildings between classes, which often involves walks of 5 minutes or more. walking from one building to another is
Answer:
about 7 - 10 minutes
Explanation:
Olivia has taken out a $13,100 unsubsidized stafford loan to pay for her college education. she plans to graduate in four years. the loan has a duration of ten years and an interest rate of 7.6%, compounded monthly. by the time olivia graduates, how much greater will the amount of interest capitalized be than the minimum amount that olivia could pay to prevent interest capitalization? round all dollar values to the nearest cent. a. $654.45 b. $477.27 c. $995.60 d. $354.22 please select the best answer from the choices provided a b c d
Answer:
a or 654.45
Explanation:
edge 2023
Regarding proviruses, which one of the following statements is not true?
a. Do not respond to antiretroviral drugs
b. They are propagated each time the cell’s chromosome is reproduced
c. Cannot be caused by RNA viruses
d. Are immune to body immune system
e. All answers are true
Regarding proviruses, the statement that is not true is "d. Are immune to body immune system.
What is a provirus?A provirus is an integrated virus genome that persists in a host cell as a DNA structure even though it is not actively replicating. A provirus is a type of dormant viral infection, which means it is not actively replicating inside the host cells; instead, it remains hidden in the host's DNA.
Antiretroviral drugs are a type of medication used to combat retroviruses in the body. They are used to treat HIV, which is a retrovirus. When it comes to proviruses, they do not respond to antiretroviral medications. Hence the statement "a. Do not respond to antiretroviral drugs" is true.
Propagation of provirusesA provirus is integrated into the host cell's DNA, which is passed on to the host's offspring every time the cell divides.
Hence the statement "b. They are propagated each time the cell’s chromosome is reproduced" is true.
Proviruses caused by RNA viruses
RNA viruses are unable to produce proviruses because they do not integrate themselves into the host's DNA, which is required for a provirus to form.
Therefore, the statement "c. Cannot be caused by RNA viruses" is true.
Immunity of proviruses: Proviral genes are not immune to the immune system of the body. When a person's immune system is functioning normally, it can detect cells containing viral DNA or RNA and destroy them. Hence the statement "d. Are immune to body immune system" is not true and is incorrect.
All answers are not true: Therefore, the statement "e. All answers are true" is incorrect. The statement d is not true while the rest of the statements are correct, i.e., true.
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Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability
2.
Integrity
3.
Punctuality
4.
Productivity
5.
Initiative
a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told
Answer:
Number 1
Explanation:
Number 1 is correct
An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.
The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.
However, the partners do not have the capital needed for this expansion.
Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.
An and Bo are also considering changing the legal structure to a private limited company.
a. Identify two features of public sector organizations.
b. Identify two advantages and two disadvantages to An and Bo of being a partnership.
c. Explain two benefits to An and Bo of expanding their businesses.
d. Do you think the partners should become a private limited company? Justify your answer.
Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.
Give a brief account on partnership.a. Two features of public sector organizations.
Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.b. Two advantages of being in a partnership :
Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.Two disadvantages of being in a partnership :
Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.c. Two benefits to An and Bo of expanding their businesses :
capable of increasing sales and profitability.can access new markets or customers.d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.
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Can a company be good at corporate social responsibility but not be sustainability-oriented? Is it possible to focus on sustainability but not corporate social responsibility? Based on reading the Focus on Managerial Implications section, discuss how much CSR and sustainability are related and how much the concepts differ from each other.
Answer:
Sustainability is how long a business can last or strive in the market while going about their responsibilities. Corporate social responsibility is doing business in ways that are beneficial and not harmful to the society or environment.
An organization cannot be good at both if they cannot balance their responsibilities toward their workers, society or government.
A company can be involved in the production of good products at low cost and yet they are involved in wasting natural resources and emission of carbon. Such a company is not environmental friendly and is not socially responsible.
CSR and sustainability go together these days. The relationship here is that if a company is able to benefit the society and environment, then it would be able to get increased output, a positive image and quite a good number of customer base would want to patronize them for being socially responsible.
The difference between them is that CSR takes the welfare of all parties into consideration, the society and environment inclusive. While sustainability does not consider all factors.
Sustainability is how extended a business can survive or strive in the market while going about its responsibilities.
What is Corporate social responsibility?Corporate social responsibility is doing business in ways that are restorative and not detrimental to the society or environment.
An organization cannot be exemplary at both if they cannot balance their obligations toward their workers, society, or government.
A company can be involved in the production of good products at a low cost and yet. When they are involved in wasting natural resources and also emission of carbon. Such a company is not environmentally friendly and also it is not socially responsible.
CSR and sustainability go together these days.
The association here is that if a company can benefit the society and environment, then it would be able to get increased output, a positive picture and quite a good number of consumer base would want to patronize them for being socially responsible.
The distinction between them is that CSR considers the welfare of all parties, the society, and the atmosphere inclusive. While sustainability does not evaluate all factors.
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If the price is above the average total cost of a typical firm in a competitive industry, then: Select one: The firms in the industry are earning exactly the normal rate of return. There will be new firms entering the industry. The industry is in long-run equilibrium. There will be firms leaving the industry.
If the price is above the average total cost of a typical firm in a competitive industry, then B: "There will be new firms entering the industry".
If the price is above the average total cost of a typical firm in a competitive industry, it indicates that firms in the industry are earning more than just the normal rate of return. This situation creates an incentive for new firms to enter the industry to take advantage of the higher profits. As new firms enter, the increased competition will eventually drive down prices and decrease the profitability of existing firms.
This process continues until the price reaches a level where it is equal to the average total cost, resulting in a long-run equilibrium where firms are earning the normal rate of return. Therefore, when the price is above the average total cost, the expectation is that new firms will enter the industry rather than firms leaving.
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Currently, the market projects that HG Inc will have earnings and dividends in the coming year given by EPS1 = $3.00 Div1 = $1.50 Given these projections, the expected return on equity for HG Inc is rE= 7.5% and price per share P0 = $46.15. You advise HG inc to cut its dividend to Div1=$1.00. Assuming the expected return on equity rE and the return on investment rROI remain unchanged under this new policy, the new price per share for HG stock is closest toa. $54.55b. $30.77c. $75.25d. $81.82
new price per share for HG Inc stock is closest to $30.77, which is option (b).
To find the new price per share for HG Inc stock, we need to use the dividend discount model (DDM) formula:
P0 = Div1 / (rE - g)
where P0 is the current price per share, Div1 is the expected dividend for the next period, rE is the expected return on equity, and g is the expected growth rate of dividends.
In the first scenario, where Div1 = $1.50, we have:
P0 = $46.15
Div1 = $1.50
rE = 7.5%
Using these values, we can solve for g:
g = (Div1 / P0) + rE
g = ($1.50 / $46.15) + 7.5%
g = 10.86%
Now we can use the DDM formula to find the current price per share:
P0 = $1.50 / (7.5% - 10.86%)
P0 = -$31.58 (negative result)This negative result is not meaningful and indicates that the current dividend policy is not sustainable. Therefore, it makes sense to advise HG Inc to cut its dividend to $1.00.
In the second scenario, where Div1 = $1.00, we have:
P0 = ?
Div1 = $1.00
rE = 7.5%
g = 10.86%
Using these values, we can solve for the new price per share:
P0 = $1.00 / (7.5% - 10.86%)
P0 = -$23.08 (negative result)
Again, this negative result indicates that the new dividend policy is not sustainable. Therefore, we need to find a new value for g that will make the DDM formula work.
Assuming that the expected return on equity and the return on investment remain unchanged, we can use the following formula to find the new growth rate:
g = rE x (1 - Div1 / EPS1)
where EPS1 is the expected earnings per share for the next period.
In the first scenario, we have:
EPS1 = $3.00
Div1 = $1.50
rE = 7.5%
Using these values, we can solve for the current growth rate:
g = 7.5% x (1 - $1.50 / $3.00)
g = 25.00%
In the second scenario, we have:
EPS1 = $3.00
Div1 = $1.00
rE = 7.5%
Using these values, we can solve for the new growth rate:
g = 7.5% x (1 - $1.00 / $3.00)
g = 50.00%
Now we can use the DDM formula again to find the new price per share:
P0 = $1.00 / (7.5% - 50.00%)
P0 = $30.77
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Which of the following has a positive impact on a european call
option?
A.)current spot price
B.)Risk free rate
C.)strike price
D.)expected dividends
E.)both a and b
The factors that have a positive impact on a European call option are the current spot price and the risk-free rate which is E.)both a and b.
A) Current spot price: The higher the current spot price of the underlying asset, the more valuable the call option becomes. This is because the call option gives the holder the right to buy the underlying asset at the strike price, and if the spot price is higher, the option holder can potentially make a larger profit.
B) Risk-free rate: The risk-free rate refers to the interest rate that can be earned on a risk-free investment, such as a government bond. The higher the risk-free rate, the more valuable the call option becomes. This is because the option holder can earn a higher return by investing the strike price at the risk-free rate until the option expiration date.
Therefore, the correct answer is E) both A and B (current spot price and risk-free rate) have a positive impact on a European call option.
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Which of these is a way to grow
a business without sacrificing
equity?
A. take out a loan
B. review the budget
C. seek investors
A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.
The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.
WHAT ARE THE ANSWERS TO THESE QUESTIONS?
What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?
Explanation:
Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.
For example, from this case, we observe that
although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."
Giving For such example are, from this case, we observe that is:
Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."Learn more about:
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Which of these is an example of negligence?
O A. A young girl pulls another young girl's hair.
• B. An elderly woman gets knocked over when someone tries to steal
her purse.
• C. A custodian leaves a broom on the floor and a visitor trips over it.
O D. A company falsely accuses another company of using fake
products.
SUBMIT
Answer:
is d A company falsely accuses another company of using fake
How many categories should you have in your budget?.
Answer:
the 50/30/20 system, which splits your income across three major categories: 50% goes to necessities, 30% to wants and 20% to savings and debt repayment.
Explanation:
Discuss the three categories of start up capital
There are three startup stages: early-stage, venture-funded (growth) stage and late stage. moving from early-level to venture-funded (increase) level is well delineated, however different phases are only loosely described.
Startup capital is the money raised through an entrepreneur to underwrite the expenses of a assignment till it begins to turn a earnings. venture capitalists, angel investors, and conventional banks are a number of the assets of startup capital. An ordinary startup journey has three tiers — ideation, increase, and expansion. At every level, startups tend to perform a extensive variety of activities that help them develop. every successful startup pursuits to minimise the time taken to advance from one degree to the opposite. raising begin-up capital is an crucial part of developing your own business as an entrepreneur. When you are dedicated to the idea of your agency you will need investment to get started. This investment is referred to as startup capital. Startup capital is the gasoline that feed the hearth and every enterprise needs capital. so that you can rent space, buy system, increase new merchandise, and market or sell your carrier, you may want some shape of capital. Startup capital gives you a way to launch your commercial enterprise and provide for those prices until you begin bringing in sales.
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A key factor in a voucher system includes all of the following except:
Only approved departments and individuals are authorized to incur a liability that will result in the payment of cash.
The system limits the individuals that can incur cash payment liabilities for a company.
It is not necessary if the supplier provides both receiving report and invoice with the merchandise shipped.
It is applied to purchases of merchandise inventory and all other expenses.
Procedures for purchasing, receiving, and paying for merchandise are divided among several departments.
A key factor in a voucher system includes all of the given options except for "It is not necessary if the supplier provides both receiving report and invoice with the merchandise shipped." Therefore, option 3 is correct.
A voucher system is an internal control process used by companies to ensure proper authorization, verification, and recording of liabilities and payments.
It involves creating a voucher for each transaction, which includes supporting documentation such as invoices, purchase orders, and receiving reports.
The system limits the individuals who can incur cash payment liabilities for a company (option 2). This helps prevent unauthorized individuals from making payments and ensures that only approved departments and individuals are authorized to incur liabilities that result in the payment of cash (option 1).
By limiting the individuals, it enhances control and reduces the risk of fraud or errors in the payment process. The voucher system is applied to purchases of merchandise inventory and all other expenses (option 4).
It covers a wide range of transactions and expenses incurred by the company, not just limited to merchandise purchases. Procedures for purchasing, receiving, and paying for merchandise being divided among several departments is another important aspect of a voucher system (option 5).
This segregation of duties helps ensure checks and balances within the process, preventing any single department or individual from having complete control over the entire purchasing and payment process.
In summary, a key factor in a voucher system includes limiting individuals who can incur cash payment liabilities, applying the system to various expenses, and dividing procedures among multiple departments.
However, the voucher system is still necessary even if the supplier provides both receiving reports and invoices with the merchandise shipped. Therefore, option 3 is correct.
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.
Say that you (or your parents) are purchasing a house for $235,000 and have an excellent credit score. If you pay $1,678.93 at the end of the first month, how much is applied to the principal balance?
Secured Unsecured
Credit APR (%) APR (%)
Excellent 4.75 5.50
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$616.29
$685.25
$721.19
$748.72
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$180.22
$133.88
$124.78
$141.93
Answer:
the answer should be 748.72
Explanation:
What is the risk that Lionel carries because of his spending habits?
Lionel Smith has a habit of buying everything on credit. He now has a huge debt and doesn’t have a concrete plan on how to pay it off. Failure to pay his debt can affect Lionel's 1.)______. It can also lead to 2.)______.
1.)
- earnings
- employability
- credibility
2.)
- financial instability
- overspending
- unemployment
Answer:
1. Credibility
2. Financial instability
Explanation:
One benefit of repeating the self improvement process is that you can ______.
a.
Pay lower fees to plan and maintain the new goal
b.
See everything with fresh eyes
c.
Use skills and information from previous goals
d.
Reduce the time spent improving at work
Please select the best answer from the choices provided
A
B
C
D
One benefit of repeating the self improvement process is that you can Use skills and information from previous goals. They can endeavour to the strengthen their areas of weakness and become better people.
Repetition of the self-improvement process improves previously acquired skills. They can employ those abilities to accomplish their present objectives. The person's abilities benefit improve as a result of their increased self-awareness. Personal qualities are acknowledged as soft talents that are challenging to teach (although not impossible). They are also referred to as "people skills" or interpersonal skills. Dependability, flexibility, drive, problem-solving, and analytical abilities are a few examples.
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what is the poem about "a bird came down the walk"
Answer:
It is called A bird came down the Walk by Emily Dickinson
if a firm sold some inventory on credit as opposed to cash, there is no reason to think that either its current or quick ratio would change. if a firm sold some inventory on credit as opposed to cash, there is no reason to think that either its current or quick ratio would change. false true
There is no reason to believe that a company's current or quick ratio would change if it purchased some inventory on credit as opposed to cash, so this statement is untrue.
What is meant by quick ratio?The quick ratio gauges a company's ability to cover its short-term obligations without having to sell goods or seek for further funding. The fast ratio is viewed as a more cautious indicator than the current ratio, that counts only current assets for coverage for current liabilities. A company's ability to meet its short-term obligations with its most liquid assets is evaluated using the quick ratio, which also acts as a measure of the company's short-term liquidity position.
What causes quick ratio to increase?The following are three of the most popular techniques to raise the quick ratio: Boost revenue and inventory turnover: Discounting, more marketing, and staff incentives can all be utilized to boost sales, which will then enhance inventory turnover. A corporation has enough cash and cash equivalents to repay any debt payments that might become due in the next year or so if its quick ratio is high (any quick ratio over 1).
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The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result Group of answer choices the supply of oil and the demand for oil are both perfectly elastic over short periods of time. the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time. the supply of oil and the demand for oil shift to the right over short periods of time. the supply of oil is very elastic and the demand for oil is very elastic over short periods of time.
Answer:
the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.