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If the demand of goods is elastic what should be done with the price in order to realize more revenues?
If the demand for goods are elastic, then small changes in the price will have larger effects on the quantity demanded. In order to realize more revenues, the producer may decrease prices a little, leading to a large increase in the quantity demanded. Eg Price Quantity Demanded Profit Elastic 5 1500 7500 6 1000 6000 Inelastic 5 1100 5500 6 1000 6000
Why are supply curves typically upward-sloping?
Supply curves are typically upward-sloping because as the price of a good or service increases, producers are willing to supply more of it to the market in order to maximize their profits. This is because higher prices mean higher revenues for producers, making it more profitable for them to increase their production levels.
The government might enact a price ceiling in order to accomplish what?
The government may impose a price ceiling in order to increase supply.
What is Military Keynesianism?
Military Keynesianism is the position that the government should increase military spending in order to increase economic growth.
Why do taxes increase?
taxes increase as the debt cieling increases to keep the american government in order and slow the "digging our own hole to fall in".
What is a thin client in the electronics world?
A thin client base is where a comapny has a low amount of clients, and is trying to get a stronger client base, in order to increase revenues and sales.
What statute states a doctor can withhold your records because of money due?
No such statute exists and, if one did, HIPAA would overrule it at the federal level. It is specifically illegal to withhold medical records in order to collect payment.
How did the Democrat and Republican agendas differ in the 2012 election?
Democrats wants to increase federal spending in order to stimulate the economy; Republicans wanted to cut federal spending.
In order to apply for HIPAA health insurance, what criteria need to be met?
The criteria that must be met in order to apply for HIPAA health insurance is related the military issue. There are some documents that have been published to the public. Most of the documents are categorized as secret documents.
What is the appropriate order for a company's chart of accounts?
assets, liabilities, stockholders' equity, revenues, expense
If the demand of goods is elastic what should be done with the price in order to realize more revenues?
If the demand for goods are elastic, then small changes in the price will have larger effects on the quantity demanded. In order to realize more revenues, the producer may decrease prices a little, leading to a large increase in the quantity demanded. Eg Price Quantity Demanded Profit Elastic 5 1500 7500 6 1000 6000 Inelastic 5 1100 5500 6 1000 6000
What is the usual order of accounts in the general ledger?
Assets, Liabilities, Owner's Capital, Drawings, Revenues, and Expenses
What is internal order means in financial accounting?
In financial accounting, internal order is used to monitor parts of the costs and revenues of an organization.. An internal order can be created to monitor the cost of a time-restricted job.
When was Order of Merit of the Federal Republic of Germany created?
Order of Merit of the Federal Republic of Germany was created on 1951-09-07.
Is there a federal requirement for academic progress in order to qualify for federal student loans?
Yes.
How can you use statistics?
Type your answer here... example would be to determine average rate of population growth in order to estimate future tax revenues.
Can a husband get Hipaa information to use against you in divorce?
The husband has no specific right to his wife's protected health information (PHI) under HIPAA. The wife however should inform caregivers and payers that the husband may be seeking PHI to the detriment of the patient, in order to hopefully prevent any misunderstandings.
