A group of experienced people from different areas of business who join together to form a managerial team with skills needed to develop, make, and market a new product is called enterpreneurial team. True/false?

The use of an electronic spreadsheet would significantly increase the effectiveness of applying a weighting formula to duties including determining students' final grades.

Electronic spreadsheets are used to computerize the manual format of any tabulation or complex calculation conducted using pencil, paper, and a calculator. As a result, they have a lot of potential for helping with routine computations, which can be done by using these methods or a straightforward BASIC computer program.

When using electronic spreadsheets, it's possible to store a lot of data in worksheets. Worksheets in the selected format can be easily organized, modified, viewed, retrieved, and printed. Spreadsheets on computers can support charts that display data.

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When a company determines that a customer account should be written off as uncollectible, it will make a journal entry to debit the "Bad Debt Expense" account and credit the "Allowance for Uncollectible Accounts." Here option B is the correct answer.

The Allowance for Uncollectible Accounts is an account that companies maintain to estimate the amount of money they will not collect from their customers. In this case, if Joyce Corp. determines that a customer account of $20,000 should be written off as uncollectible, the journal entry would look like this:

Debit: Bad Debt Expense - $20,000

Credit: Allowance for Uncollectible Accounts - $20,000

This journal entry records the cost of the uncollectible debt as a bad debt expense. The write-off of the account reduces the accounts receivable balance, which is an asset account, and increases the allowance for uncollectible accounts, which is a contra-asset account.

The credit to the allowance for uncollectible accounts account represents the amount of money the company is setting aside to cover any potential losses from uncollectible debts.

Complete question:

Joyce Corp. uses the percentage-of-receivables method to account for bad debt expenses. Joyce determines that a customer account of $20,000 should be written off as uncollectible. The write-off of the account will include which of the following entries?

A-Debit to Allowance for Uncollectible Accounts

B-Credit Allowance for Uncollectible Accounts

C-Debit Bad Debt Expense

D-Credit to Accounts Receivable

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Utilizing an assessment center to evaluate candidates' abilities to carry out duties genuinely needed for the position satisfies legal criteria and can speed up the hiring process.

Assessment center tasks can be used to measure a wide range of job-related capabilities, including interpersonal skills, oral and written communication, planning and appraisal, and reasoning and problem-solving ability. A typical exercise at assessment centers is the in-basket test.

A range of assessments, such as job-related simulations, interviews, and/or psychiatric testing, are used to evaluate behaviour in an assessment center. Using job simulators, candidates are evaluated based on how they behave in connection to the most crucial elements (or skills) of the job.

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False , mixed economies often result when countries shift away from command economies toward market economies.

What is market economies ?

An economic system known as a market economy is one in which the interactions of a nation's individual residents and enterprises determine economic policy and how much goods and services will cost.

                                   It isn't governed by a single entity; rather, the supply and demand for goods and services dictate how it is organized. Market economies include those in the United States, England, and Japan, for instance.

What is a market economy?

In a market economy, the dynamics of supply and demand steer businesses' decisions on how to satisfy customer demand for goods and services while still making a profit. In such a system, private ownership dominates and government has a relatively small impact.

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The statement that accrued revenues and expenses will cause differences between the statement of cash flows and the income statement, is True.

Accrued revenues and expenses refer to transactions that have occurred but have not yet been recorded in the financial statements. As a result, they can cause differences between the statement of cash flows and the income statement, as the statement of cash flows reports only the actual cash inflows and outflows for a given period, while the income statement reports both cash and non-cash transactions.

These differences can affect the accuracy of financial information and may cause confusion or misunderstandings if not properly addressed.

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The following documents details which exactly can be tested during a penetration test is option b.Scope of Work.

A team can use a scope of work as a reference to understand what a project includes and excludes. This document often includes information on the deliverables, timeframe, milestones, and reports, as well as a description of the work you'll conduct during the project.

A well-planned project which leads everything smoothly is depend on a scope of work. This document can assist your team and other project stakeholders in identifying possible risks that can prohibit a successful and on-time completion of the project and in reaching agreement on its requirements.

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An increase in output refers to an increase in the production of goods and services by an economy, leading to economic growth.

An increase in output, also referred to as an increase in production or output growth, refers to the increase in the quantity of goods and services produced by an economy.

This is a key indicator of economic growth, as a growing economy typically produces more goods and services, which contributes to higher standards of living, greater purchasing power, and improved economic well-being.

Output growth is often measured using Gross Domestic Product (GDP) or other economic indicators, such as Gross National Product (GNP) or Gross Value Added (GVA). Factors that can contribute to an increase in output include an increase in the availability of resources, improved technology, and a rise in consumer demand.

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In economics, an increase in output refers to a rise in the quantity of goods and services produced by a firm, industry, or an entire economy over a specific period of time. It is typically measured in terms of real GDP (Gross Domestic Product) or total production.

When there is an increase in output, it generally indicates that the productive capacity of an economy is expanding. This expansion can occur due to various factors, such as technological advancements, increased capital investment, improvements in labor productivity, or favorable changes in the availability of resources.

An increase in output is often associated with positive economic outcomes, as it signifies economic growth and development. Here are a few key implications of an increase in output:

1. Economic expansion: When output increases, it usually indicates that the economy is growing. This expansion can lead to higher incomes, increased employment opportunities, and improved living standards for individuals within the economy.

2. Increased production and consumption: With a rise in output, there is a larger supply of goods and services available in the market. This can result in increased consumption as individuals have access to a greater variety of products.

3. Business profitability: Higher output levels can potentially lead to increased profits for businesses. As production expands, firms may benefit from economies of scale, lower average costs, and improved efficiency, allowing them to generate higher revenues and profits.

4. Investment opportunities: An increase in output can create investment opportunities as businesses seek to expand their production capacities to meet rising demand. This can stimulate further investment, job creation, and overall economic activity.

5. Tax revenues: As output grows, tax revenues generated by the government can increase. This can provide governments with additional resources to invest in public goods and services, such as infrastructure, healthcare, education, and social welfare programs.

It's important to note that an increase in output alone does not necessarily guarantee equitable distribution of wealth or overall well-being. The benefits of increased output may not be evenly distributed across society, and factors like income inequality and environmental impacts need to be considered to assess the overall welfare implications.

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An influencer is someone whose advice or view carries some weight in making a final purchasing decision.

A person who has the power to change others' perceptions and purchase decisions by their endorsement or suggestion of a good or service is known as an influencer in the context of marketing and consumer behavior. This can be done by using their sizable social media following, their knowledge or reputation in a particular field or market, or their close bonds with their fans.

As customers are more likely to believe the opinions and suggestions of people they follow and admire, influencer marketing has grown in popularity as a means of reaching consumers. Among other advantages, influencer marketing can help firms raise revenue, improve consumer engagement, and create more brand awareness.

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An example of individual accountability A) Noah must complete his deliverable by the date specified in the project schedule.

Individual accountability is when an individual is responsible for their own actions and is held accountable for their efforts. In this example, Noah is responsible for completing the deliverable by a certain date.

If he fails to meet the deadline, he may be held accountable. He will likely receive a reprimand, or be required to take corrective action to make up for the missed deadline.

The other examples (B, C and D) illustrate collaboration, communication, and management of a project, and are not examples of individual accountability.

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A bank reconciliation is a process of matching the ending balance in a company's cash account with the corresponding balance reported by the bank on its statement. Here option D is the correct answer.

The purpose of the reconciliation is to identify and explain the differences between the two records. The discrepancies could be due to several factors, including timing differences and errors.

For example, a check written by the company may not have cleared the bank yet, leading to a difference in the amounts recorded by the company and the bank. Uncollected customer accounts, such as checks that have been written by customers but have not yet been cleared by the bank, can also result in differences between the two records.

In addition, accrual revenues being different from cash revenues, such as a company recognizing revenue on its books before receiving payment, can also lead to differences. The bank reconciliation helps the company ensure the accuracy of its cash records and provides a better understanding of its financial situation.

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Equilibrium price and quantity both rise, illustrating the impacts of an increase in supply and a proportionate and simultaneous rise in demand on equilibrium price and quantity. Here option C is the correct answer.

When both supply and demand increase, the new intersection point of the supply and demand curves will be higher on both the price and quantity axis.

This results in an increase in both the equilibrium price and quantity. However, the magnitude of the increase in price and quantity will depend on the size of the increase in supply and demand. If the increase in supply is larger than the increase in demand, the increase in price will be smaller, and vice versa.

Complete question:

Which of the following shows the effects on equilibrium price and quantity due to an increase in supply and a proportional and simultaneous increase in demand?

A. Equilibrium price decreases and quantity increases

B. Equilibrium price increases and quantity decreases

C. Equilibrium price and quantity both increase

D. Equilibrium price and quantity both decrease

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Given that DeShawn sales this month are $400000. He earns 1% on all of his sales- 1% = 1/100 = 0.01. So Deshawn's income in this month = 1% of 400000 = $400000* 01. Therefore it is $400000+.01.

Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law.

An extremely important definition of income is Simons income, which defines income as Consumption + Change in net worth and is widely used in economics.

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The question is incomplete, the full question probably is DeShawn is a sales rep for All Sports, a sporting goods manufacturer. He's excited because he had a great month in sales and is looking forward to receiving his commission check. He earns 1% on all of his sales. This month his sales were $400,000. Which of the following reflects the calculation for DeShawn's income the month?

Oa. $400,000 30

Ob. $400,000.01

Oc. $400,000/1

Od. $400,000/.01

Oe. $400,000*1

In tax research, the Internal Revenue Code (IRC), Tax Court cases, and Treasury Regulations are considered primary authoritative sources. Here option C is the correct answer.

The IRC is the main body of federal tax laws, and Tax Court cases are judicial decisions that interpret and apply the IRC to specific situations. Treasury Regulations are rules and guidelines issued by the Treasury Department that implement and clarify the IRC.

IRS publications, on the other hand, are not considered a primary authoritative source in tax research. Although they provide helpful information and guidance on various tax-related topics, they do not have the same level of authority as the IRC, Tax Court cases, or Treasury Regulations. IRS publications are not legally binding, and taxpayers are not required to follow them.

In summary, when conducting tax research, it is important to start with the primary authoritative sources, such as the IRC, Tax Court cases, and Treasury Regulations, as these, have the greatest weight in determining the correct application of tax laws.

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When considering the interplay of suitable land and labor and transportation costs, it is most cost efficient for tomatoes to be grown in Northwestern Mexico. So, the correct option is D.

Growing tomatoes is a complex process that requires suitable land, favorable weather conditions, access to labor, and low transportation costs. These factors all play a role in determining the cost efficiency of tomato production in different regions.

Tomatoes require well-drained soil with adequate nutrients, water, and sunlight to grow well. They also need a warm growing environment with sufficient warmth and light to support growth and fruit production.

Tomatoes thrive in warm temperatures between 65-85°F (18-29°C) and require a long growing season. They are sensitive to extreme temperatures and need to be protected from frost, heat stress, and other weather-related stress factors.

Tomatoes require a significant amount of hand labor for planting, maintenance, and harvesting. The cost of labor can be a major factor in determining the cost efficiency of tomato production. In regions with a large pool of available labor at low wages, tomato production can be more cost-effective.

Transporting tomatoes from the farm to market is a significant cost in the tomato production process. The cost of transportation can vary greatly depending on the distance between the farm and the market, as well as the mode of transportation used.

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Collections occur in the same period as the services with each of the accounts that may be debited when service revenue is credited.

When service revenue is credited, what is debited?

Revenues are credited to the Service Revenues revenue account at the time the service is rendered since they are deemed to have been earned at that point.

                        However, because cash was not received, the second account in question cannot be the asset Cash. The asset account called Accounts Receivable is the one that will be debited.

By service revenue, what do you mean?

The money that a business makes through offering services is known as service revenue. This sum, which is shown at the top of an income statement, is added to the revenue from product sales to reflect a company's overall revenue for a given time period.

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Option (a), The specific target point indicates the stage at which a settlement is realistically anticipated.

An agreement on a settlement is sought at a point known as the goal point. On a particular issue, he has a positive attitude. The negotiating mix refers to the set of subjects that are being discussed during negotiations. Each point of entry, goal, and point of resistance in the negotiation can be distinct.

The settlement point or goal point is the preferred resolution or a desirable outcome as determined by the negotiating team. The time at which either negotiator is ready to withdraw from the agreement is ultimately the resistance point.

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Government commonly did now not intrude with business.

The railroads created the first exquisite concentrations of capital, spawned the first big corporations, made the first of the sizable fortunes that would define the Gilded Age, unleashed labor demands that united heaps of farmers and immigrants, and linked many towns and cities.

Some Indians sided with the British, as they hoped to decrease American contract and expansion. In one writer's opinion, the Revolutionary War was "the most huge and destructive" Indian fighting in United States history.

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A simple discount note results in a higher effective interest rate than a simple interest note because the amount of the principal is discounted at the time of the transaction. - True

In a simple discount note, the lender receives a discount off the loan's face value, and the difference between the face value and the discounted amount is treated as interest. The effective interest rate in this situation is lower than the loan's stated interest rate. The amount by which the principal is reduced is represented by the discount rate, which is a known quantity. The difference among the discounted amount and the principle amount is known as the finance charge.

This finance charge represents the actual interest rate. Smaller principal payments made by the borrower cause the effective interest rate to increase, which is why this is happening. For example, if a borrower takes out a loan for $2,000 at a rate of 10%, the financing fee will be $200 (10% of $2,000). Therefore, the actual interest rate is 10.1%. Considering that the borrower is paying a smaller portion of the principal, this is higher than the 10% basic interest rate.

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This is a description of an authoritarian leadership style. In this style, the leader has complete control and makes decisions without considering the opinions or ideas of others.

Leadership refers to the ability of an individual or group to influence others to achieve a common goal. Effective leaders possess a combination of traits, skills, and experiences that allow them to inspire and guide their followers towards success. Some key traits of successful leaders include vision, communication, emotional intelligence, and integrity. In addition, leaders must have the ability to motivate and empower their followers, to make decisions that are in the best interest of the organization, and to adapt to changing circumstances. Leadership can take many forms, including autocratic, democratic, and transformational. Autocratic leaders make decisions without considering the opinions of others, while democratic leaders involve program followers in decision-making. Transformational leaders inspire and motivate followers through their vision and passion, and have a positive impact on the lives of those they lead.

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An income statement, also known as a profit and loss statement, is a financial report that provides information about a company's revenue, expenses, and profits over a specific period of time.

Here is a sample schedule for the cost of goods manufactured for 2017 and an income statement for the same year:

Cost of Goods Manufactured Schedule for 2017:

Beginning raw materials inventory: $XX,XXX

Add: Purchases of raw materials: $XX,XXX

Total raw materials available for use: $XX,XXX

Deduct: Ending raw materials inventory: $XX,XXX

Raw materials used in production: $XX,XXX

Add: Direct labor costs: $XX,XXX

Add: Manufacturing overhead costs: $XX,XXX

Total manufacturing costs: $XX,XXX

Add: Beginning finished goods inventory: $XX,XXX

Total goods available for sale: $XX,XXX

Deduct: Ending finished goods inventory: $XX,XXX

Cost of goods sold: $XX,XXX

Income Statement for 2017:

Revenue: $310,000,000

Cost of goods sold: $XX,XXX (from the above schedule)

Gross profit: $XX,XXX (Revenue - Cost of goods sold)

Operating expenses: $XX,XXX (such as selling, general, and administrative expenses)

Operating income (loss): $XX,XXX (Gross profit - Operating expenses)

Non-operating income (loss): $XX,XXX (such as interest income)

Net income (loss) before taxes: $XX,XXX (Operating income (loss) + Non-operating income (loss))

Income tax expense: $XX,XXX

Net income (loss): $XX,XXX (Net income (loss) before taxes - Income tax expense)

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Make the adjusting entry to update the Supplies account at the end of the month.

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An oligopolistic market structure is characterized by a few large firms dominating the market, high entry barriers, limited substitute products, and limited bargaining power for both suppliers and customers, leading to attractive profits for industry members.

This description describes an oligopolistic market structure. An oligopoly is a market structure characterized by a limited number of large firms that dominate the market and compete with each other, but still maintain some degree of market power. In this type of market, there are high entry barriers, which prevent new firms from easily entering the market, and limited competition from substitute products, which means that consumers have limited options to choose from. Additionally, both suppliers and customers have limited bargaining leverage, meaning that they have limited ability to negotiate prices.

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The Gross Domestic Product (GDP) without regard to inflation is known as nominal GDP. Real GDP is a nation's GDP that has been corrected for inflation.

What is nominal GDP?

The total market goods and services that a country generates are referred to as nominal GDP. This value is unaffected by price variations brought on by ongoing market movements throughout time. In a nutshell, this GDP is calculated using current market prices. Real GDP, which determines the entire worth of the goods and services an economy produces or offers after researching and taking into account the effects of market fluctuations on product prices, is different from nominal GDP.

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It is difficult to determine the correct answer without additional information about the specific laws, regulations, and ethical codes that apply to Butler's situation. However, I will provide some general information that might be relevant.

A) If Butler does not work on the engagements for Jeeves Services, it might be the case that nothing needs to be done. However, it depends on the specific laws and ethical codes that apply to his situation. Some codes of ethics for professional services firms might require partners to disclose any potential conflicts of interest, even if they do not work on the engagements in question.

B) Just because the shares were inherited and are worth only $375, it does not necessarily mean that nothing needs to be done. The ethical codes and laws that apply to Butler's situation might require him to disclose the ownership of the shares, regardless of their value.

C) Transferring the shares to a blind trust where Butler is the beneficiary might help to maintain independence with Jeeves Services, but it is not a guarantee. The specific laws and ethical codes that apply to Butler's situation will dictate whether this is an acceptable solution.

D) The requirement to sell the shares within thirty days of their receipt might be a requirement of the specific laws and ethical codes that apply to Butler's situation. However, without additional information, it is difficult to determine whether this is the case.

In conclusion, the correct answer to this question depends on the specific laws, regulations, and ethical codes that apply to Butler's situation. It is important for Butler to seek advice from a knowledgeable professional to determine the best course of action.

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When starting a global firm, there are several significant obstacles to take into account, including obtaining funding, understanding how to begin exporting, and negotiating bureaucratic paperwork. As a result, choice (B) is accurate.

Although the phrase typically refers to someone working for a government entity, a bureaucrat is a member of a bureaucracy and can be part of the administration of any size organization.

The word "bureaucrat" comes from "bureaucracy," which itself comes from the French "bureaucratie," which was first used in the 18th century. For many centuries, bureaucratic labor had already been done.

In nations like India, Bangladesh, and Pakistan, bureaucrats are known as the officials who oversee the government sector at the administrative and ministerial levels.

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according to everett rogers, who among the following are usually the first in their social grouping to adopt new approaches and behaviors is early adopters.

Diffusion theory suggests that there are five different categories of people who go through the process of adopting innovation, and these people go through five different steps to adopt new ideas.

Awareness, interest, evaluation, testing, acceptance. Diffusion studies study how ideas spread among groups of people. Diffusion goes beyond two-stage flow theory and focuses on the conditions that increase or decrease the likelihood that an innovation, new idea, product, or practice will be adopted by members of a particular culture. In multilevel diffusion, opinion leaders still have a significant influence on the behavior of individuals called adopters, but there are other intermediaries between media and audience decision-making. 

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The most effective communication medium for Aiden to share the architectural rendering with the project team would be A) presentation.

A presentation allows Aiden to visually display the architectural rendering to the entire project team at once, making it easier for everyone to understand the design and layout of the amphitheater. During the presentation, Aiden can also highlight specific details, answer questions, and receive feedback from the team.

Additionally, presentations are a flexible and interactive medium that allows for real-time communication and collaboration between Aiden and the project team. This can be especially important for a project such as building an amphitheater, where everyone's input and feedback is crucial for the success of the project.

In conclusion, presentations are the most effective communication medium for sharing architectural renderings with the project team because they provide a visual representation of the design, allow for real-time interaction and collaboration, and provide an opportunity for feedback and questions from the team.

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The correct answer to the question above is option C. "The nation is not using all available resources and it is inefficient."

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The estimated value of the $2 Mega Million lottery ticket is calculated as (B) $0.08 assuming the information provided by Mega Millions.

                    Prize              Probability         expected value

       500,000,000        0.00000001%                0.05

                  10,000        0.0001%                        0.01

                      200        0.01%                        0.02

total       500,010,200                                           0.08

Simply explained, probability is the possibility that something will occur. When we are unsure of how something will turn out, we can discuss the chance of a number of outcomes or the potential of one outcome. Statistics is the study of events that fall into a probability distribution.

The field of probability deals with mathematical representations of the probability of an event occurring or of a claim being true. The probability of an event is represented by a number between 0 and 1, with 0 basically signifying impossibility and 1 roughly indicating certainty.

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The major determinants of price elasticity are :

a) Bottled water: It is likely elastic because there are a number of substitutes to bottled water such as cans of soda, tap water, water from fountains, etc.

b) Toothpaste: Inelastic because many substitutes are not present and toothpaste is necessary.

c) Crest toothpaste: Elastic because it is a specific brand and there are many substitutes such as Colgate, Sensodyne, etc.

d) Ketchup: Inelastic good because there are not many substitutes for ketchup and it is a source of income

e) Diamond bracelets: Elastic is good because it is a luxury good and makes up a large part of the income.

f) Microsoft's Windows operating system: The Good is likely to be inelastic because of the lack of substitutes and it is a necessity.

In economics, a call for the curve is a graph depicting the connection between the fee of a positive commodity (the y-axis) and the quantity of that commodity that is demanded at that fee (the x-axis). call for curves may be used both for the fee-quantity dating for a person patron (a man or woman demand curve), or for all purchasers in a specific market (a marketplace call for curve).

it's miles normally assumed that call for curves slopes down, as proven inside the adjoining image. that is because of the regulation of demand: for maximum items, the quantity demanded falls if the charge rises. positive uncommon situations do now not comply with this law. these encompass Veblen goods, Giffen goods, and speculative bubbles where shoppers are drawn to a commodity if its price rises.

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Complete Question:

What are the major determinants of price elasticity of demand? Use those determinants and your own reasoning in judging whether demand for each of the following products is probably elastic or inelastic:

(a) bottled water;

(b) toothpaste;

(c) Crest toothpaste;

(d) ketchup;

(e) diamond bracelets;

(f) Microsoft’s Windows operating system.

Why is it important for a producer to know the elasticity of the demand curve he or she faces?