Stichworte Elastic goods

Stichworte: Elastic goods

Which of the following are features of Amazon Elastic Block Store choose two?

Which of the following are features of Amazon Elastic Block Store choose two?

The idea that the desires of consumers determine what goods and services producers create is called

The idea that the desires of consumers determine what goods and services producers create is called

Which of the following reasons explains why the purely competitive firms demand curve is perfectly elastic?

Which of the following reasons explains why the purely competitive firms demand curve is perfectly elastic?

What can be intangible or tangible as it can be in the form of services or goods?

What can be intangible or tangible as it can be in the form of services or goods?

A single, straight-line demand curve can be elastic in one region and inelastic in another.

A single, straight-line demand curve can be elastic in one region and inelastic in another.

What is the term for the cost of the partially completed goods at the end of the period?

What is the term for the cost of the partially completed goods at the end of the period?

What refers to the amount of goods and services that producers are willing to sell at a specific time and place at alternative prices?

What refers to the amount of goods and services that producers are willing to sell at a specific time and place at alternative prices?

Which trend will expand demand for industrial goods and business services in latin america?

Which trend will expand demand for industrial goods and business services in latin america?

When a society is producing the mix of goods that the society wants to consume?

When a society is producing the mix of goods that the society wants to consume?

When goods are delivered to the buyer on “sale or return”, the ownership passes to the buyer:

When goods are delivered to the buyer on “sale or return”, the ownership passes to the buyer:

If an economy is operating inside its production possibilities curve for consumer goods

If an economy is operating inside its production possibilities curve for consumer goods

What business strategy relies on creating goods that are clearly different from the competitors?

What business strategy relies on creating goods that are clearly different from the competitors?

If the demand for donuts is elastic, then a decrease in the price of donuts will

If the demand for donuts is elastic, then a decrease in the price of donuts will

Repetitive and continuous processes require _____ inputs of _____ goods and services.

Repetitive and continuous processes require _ inputs of _ goods and services.

What is the inventory costing method that follows the physical flow of the goods?

What is the inventory costing method that follows the physical flow of the goods?

What would happen to the demand curve if the price of a substitute good increases?

What would happen to the demand curve if the price of a substitute good increases?

Which of the following are sections of the schedule of cost of goods manufactured?

Which of the following are sections of the schedule of cost of goods manufactured?

As more close substitutes become available, demand tends to be more price elastic.

As more close substitutes become available, demand tends to be more price elastic.

What is a system in which production of goods and services is determined by the government?

What is a system in which production of goods and services is determined by the government?

Which document is used to establish a contract for the purchase of goods or services from a supplier?

Which document is used to establish a contract for the purchase of goods or services from a supplier?

For which pairs of goods is the cross price elasticities most likely to be negative?

For which pairs of goods is the cross price elasticities most likely to be negative?

The on demand varies according to the eagerness of the consumer to purchase the goods or services

The on demand varies according to the eagerness of the consumer to purchase the goods or services

Curve nn is more elastic between points a and d than curve mm is between points a and c.

Curve nn is more elastic between points a and d than curve mm is between points a and c.

Assume the demand for bagels is elastic. if a bagel producer lowers the price of bagels,

Assume the demand for bagels is elastic. if a bagel producer lowers the price of bagels,

If a certain combination of goods lies inside a countrys production possibilities curve

If a certain combination of goods lies inside a countrys production possibilities curve

What is an organized activity that provides goods and services to others at a profit

What is an organized activity that provides goods and services to others at a profit

What is the effect of price reduction on total revenue of a perfectly elastic good?

What is the effect of price reduction on total revenue of a perfectly elastic good?

List the new methods of advertising and selling that helped push consumer goods in the late 1800s.

List the new methods of advertising and selling that helped push consumer goods in the late 1800s.

Goods and services are purchased by businesses as well as by individuals true or false

Goods and services are purchased by businesses as well as by individuals true or false

The demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole

The demand for Cheerios cereal is more price-elastic than the demand for cereals as a whole

The direct exchange of goods and services for the other goods and services refers to:

The direct exchange of goods and services for the other goods and services refers to:

What is it called when you use resources to produce the maximum amount of goods and services?

What is it called when you use resources to produce the maximum amount of goods and services?

Which of the following is not a characteristic of a good market for goods and services

Which of the following is not a characteristic of a good market for goods and services

If the quantity consumed of one increases when the price of the other decreases then two goods are

If the quantity consumed of one increases when the price of the other decreases then two goods are

Is the strategy by which a company gets the right goods in the right quantity to the right place?

Is the strategy by which a company gets the right goods in the right quantity to the right place?

Which of the following best explains the economic advantage of the type of farm produce goods shown in the images?

Which of the following best explains the economic advantage of the type of farm produce goods shown in the images?

Under absorption costing, which of the following costs would not be included in finished goods

Under absorption costing, which of the following costs would not be included in finished goods

Is a tax levied on goods entering a country and is a limitation of the amount of a specific product that can enter a country?

Is a tax levied on goods entering a country and is a limitation of the amount of a specific product that can enter a country?

Which mode of transportation is best for carrying perishable goods such as flowers to distant markets?

Which mode of transportation is best for carrying perishable goods such as flowers to distant markets?

What is the exchange of capital goods and services across international borders or territories?

What is the exchange of capital goods and services across international borders or territories?

Which of the following costs should be included as part of the cost of inventories of finished goods held by a manufacturing company?

Which of the following costs should be included as part of the cost of inventories of finished goods held by a manufacturing company?

What is the link that connects the cost of goods manufactured to the schedule of the cost of goods sold explain your response?

What is the link that connects the cost of goods manufactured to the schedule of the cost of goods sold explain your response?

Which type of society is technologically sophisticated and preoccupied with consumer goods and media images?

Which type of society is technologically sophisticated and preoccupied with consumer goods and media images?

Which type of society is technologically sophisticated and focused on consumer goods and media images?

Which type of society is technologically sophisticated and focused on consumer goods and media images?

If the cross price elasticity between two goods is negative the two goods are likely to be

If the cross price elasticity between two goods is negative the two goods are likely to be

For all down-sloping demand curves, the price elasticity of demand is more elastic ______.

For all down-sloping demand curves, the price elasticity of demand is more elastic ______.

Is the value of a currency expressed in terms of the number of goods or services that one unit of money can buy?

Is the value of a currency expressed in terms of the number of goods or services that one unit of money can buy?

How many products goods and services are considered when referring to the cross elasticity of demand formula?

How many products goods and services are considered when referring to the cross elasticity of demand formula?

Which of the following goods would be likely to be bought in the same quantity even if it doubled

Which of the following goods would be likely to be bought in the same quantity even if it doubled

The process of establishing and maintaining appropriate levels of reserve stocks of goods.

The process of establishing and maintaining appropriate levels of reserve stocks of goods.

What is the purchasing of goods and services to meet the needs of the supply chain quizlet?

What is the purchasing of goods and services to meet the needs of the supply chain quizlet?

In most states, contracts for the lease of goods with payments of $2000 require to be in writing.

In most states, contracts for the lease of goods with payments of $2000 require to be in writing.

A sporting goods company sells outdoor apparel and camping supplies. these are the company’s

A sporting goods company sells outdoor apparel and camping supplies. these are the company’s

When a country can produce a good at a lower cost in terms of other goods or when a country has a lower opportunity cost of production is?

When a country can produce a good at a lower cost in terms of other goods or when a country has a lower opportunity cost of production is?

When one country can produce a product at a lower cost in terms of other goods that country is said to have quizlet?

When one country can produce a product at a lower cost in terms of other goods that country is said to have quizlet?

When the price elasticity of demand for a product is relatively price elastic and price is?

When the price elasticity of demand for a product is relatively price elastic and price is?

What is the marketing of goods and services to individuals and organizations for purposes other than?

What is the marketing of goods and services to individuals and organizations for purposes other than?

Which of the following describes individuals that want goods and services for personal consumption and have the resources to buy them quizlet?

Which of the following describes individuals that want goods and services for personal consumption and have the resources to buy them quizlet?

Consists of all the techniques sellers use to persuade consumers to buy their goods and services

Consists of all the techniques sellers use to persuade consumers to buy their goods and services

What economics term refers to the amount of some goods or services that are consumers willing and able to purchase at each price?

What economics term refers to the amount of some goods or services that are consumers willing and able to purchase at each price?

What is referred to as the willingness to buy any goods or services should be accompanied with the ability to buy?

What is referred to as the willingness to buy any goods or services should be accompanied with the ability to buy?

Are companies or networks of companies that complementary goods or services that are compatible with the focal firms good and service?

Are companies or networks of companies that complementary goods or services that are compatible with the focal firms good and service?

Is a group of activities designed to facilitate and expedite the selling of goods and services?

Is a group of activities designed to facilitate and expedite the selling of goods and services?

Which of these best describes the nature of the goods traded throughout this trade network?

Which of these best describes the nature of the goods traded throughout this trade network?

When firms invest directly in facilities to produce or market goods and services in a foreign country?

When firms invest directly in facilities to produce or market goods and services in a foreign country?

What type of sporting goods are you purchasing when you buy a hat that features the logo of the Miami Dolphins?

What is a purchase situation the buyer routinely orders the goods and services purchased from the same vendors as in the past?

What is a purchase situation the buyer routinely orders the goods and services purchased from the same vendors as in the past?

What is the change in demand for a commodity if the price of the substitute goods increases?

What is the change in demand for a commodity if the price of the substitute goods increases?

If a firm is facing elastic demand, then the firm should decrease price to increase revenue.

If a firm is facing elastic demand, then the firm should decrease price to increase revenue.

Why do price and total revenue go in opposite directions when the quantity demanded for the good is elastic?

Why do price and total revenue go in opposite directions when the quantity demanded for the good is elastic?

When percentage change in demand is equal to the percentage change in price the demand for the commodity is said to be unitary elastic?

When percentage change in demand is equal to the percentage change in price the demand for the commodity is said to be unitary elastic?

What is the responsiveness of demand for a certain good in relation changes in price of other related goods?

What is the responsiveness of demand for a certain good in relation changes in price of other related goods?

When demand is elastic a small change in price leads great change in the quantity demand we call it?

When demand is elastic a small change in price leads great change in the quantity demand we call it?

Is the price elasticity of demand for gasoline more elastic over a shorter or a longer period of time explain?

Is the price elasticity of demand for gasoline more elastic over a shorter or a longer period of time explain?

Is any activity that provides goods or services to consumers for the purpose of making a profit?

Is any activity that provides goods or services to consumers for the purpose of making a profit?

Is a business that provides goods or services to consumers but whose primary goal is not to return profit to the owners?

Is a business that provides goods or services to consumers but whose primary goal is not to return profit to the owners?

Who provides organizations with the input resources it needs to produce goods and services multiple choice question?

Who provides organizations with the input resources it needs to produce goods and services multiple choice question?

Which term describes the act of producing physical goods or performing some operations overseas to attain specific cost advantages?

Which term describes the act of producing physical goods or performing some operations overseas to attain specific cost advantages?

When the price of a substitute of commodity X rises the demand for X a Rises B falls C remains constant D None of the above?

When the price of a substitute of commodity X rises the demand for X a Rises B falls C remains constant D None of the above?

When the decrease in the price of one good causes the demand for another good to decrease the goods are a normal B inferior C substitutes D complements?

When the decrease in the price of one good causes the demand for another good to decrease the goods are a normal B inferior C substitutes D complements?

When the decrease in the price of one good causes the demand for another good to increase the goods are?

When the decrease in the price of one good causes the demand for another good to increase the goods are?

When a decrease in the price of one good cause the demand for another good to increase the goods are a normal B complements C inferior D substitutes?

When a decrease in the price of one good cause the demand for another good to increase the goods are a normal B complements C inferior D substitutes?

What will happen to total revenue of a firm if it raises its price and its demand is elastic?

What will happen to total revenue of a firm if it raises its price and its demand is elastic?

What would be the value of elasticity of demand if the demand for the good is perfectly inelastic?

What would be the value of elasticity of demand if the demand for the good is perfectly inelastic?

For which pairs of goods is the cross price elasticity most likely to be positive group of answer choices?

For which pairs of goods is the cross price elasticity most likely to be positive group of answer choices?

For which pairs of goods is the cross price elasticity most likely to be positive pens and pencils?

For which pairs of goods is the cross price elasticity most likely to be positive pens and pencils?

When a 10% change in price leads to more than 10% change in quantity demanded we say demand is?

When a 10% change in price leads to more than 10% change in quantity demanded we say demand is?

Is the demand for a specific brand of running shoes more elastic or less elastic than the demand for running shoes in general?

What aspect of management is involved in bringing new or improved goods and services to the market quizlet?

What aspect of management is involved in bringing new or improved goods and services to the market quizlet?

When the goods dominate the value of a product it is typically called a manufacturing system?

When the goods dominate the value of a product it is typically called a manufacturing system?

How did the introduction of European goods contribute to the destruction of Indian cultures?

How did the introduction of European goods contribute to the destruction of Indian cultures?

How did egypt change the way they produced and distributed goods as they tried to industrialize?

How did egypt change the way they produced and distributed goods as they tried to industrialize?

When percentage increase in supply is greater than percentage increase in price elasticity is?

When percentage increase in supply is greater than percentage increase in price elasticity is?

When a change in price does not cause a change in the quantity demanded the price elasticity of demand is considered?

When a change in price does not cause a change in the quantity demanded the price elasticity of demand is considered?

What is price elasticity of demand if a 2% increase in price results in a 6 decrease in quantity demanded?

What is price elasticity of demand if a 2% increase in price results in a 6 decrease in quantity demanded?

When the percentage change in quantity demanded is Dash then percentage change in price then demand for such a commodity is said to be highly elastic?

When the percentage change in quantity demanded is Dash then percentage change in price then demand for such a commodity is said to be highly elastic?

When the percentage increase in quantity demanded is lower than the percentage decrease in price the value of elasticity of demand will be?

When the percentage increase in quantity demanded is lower than the percentage decrease in price the value of elasticity of demand will be?

When the percentage change in price is less than percentage change in quantity then the price elasticity of demand is *?

When the percentage change in price is less than percentage change in quantity then the price elasticity of demand is *?

When the proportion of change in the quantity demanded is greater than that of price the demand is said to be?

When the proportion of change in the quantity demanded is greater than that of price the demand is said to be?

When the percentage change in price is equal to the percentage in demand then we can say that elasticity of demand is?

When the percentage change in price is equal to the percentage in demand then we can say that elasticity of demand is?