Business, 07.11.2019 01:31, Latoyajenjins1789

The demand for fast, expensive, ferrari cars (in the market for cars in general) tends to be: group of answer choices: 1. elastic, because there are many substitutes for ferraris and it represents a large percentage of a consumer's budget. 2. inelastic, because there are many substitutes for ferraris and it represents a large percentage of a consumer's budget. inelastic, 3. inelastic, because there are few substitutes for ferraris and it represents a small percentage of a consumer's budget. 4. inelastic, because there are few substitutes for ferraris and it represents a large percentage of a consumer's budget. 5. elastic, because there are no substitutes for ferraris and it represents a large percentage of a consumer's budget.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:30, makaalbarnthemeister

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Answers: 2

continue

Business, 22.06.2019 20:10, hsbhxsb

Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625

Answers: 3

continue

Business, 22.06.2019 20:30, allakhalilpea0zc

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear

Answers: 3

continue

Business, 23.06.2019 10:20, stormhorn5108

Is quadrilateral jklm the result of a dilation of quadrilateralabcd by a scale factor of 2? why or why not? o yes, because sides jk and ml are twice as long assides ab and dc. yes, because both figures are parallelograms, socorresponding sides are parallelno, because sides jk and ml are not twice as long assides ab and dc. no, because sides jm and kl have different slopesfrom sides ad and bc.

Answers: 1

continue

Do you know the correct answer?

The demand for fast, expensive, ferrari cars (in the market for cars in general) tends to be: group...