The demand for gasoline is likely to be more inelastic than the demand for domino's pizza ​because:

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Answer 1
Demand for gasoline is not affected by price increments as compared to Domino's Pizza. Gasoline is an essential product whose price variation does not minimize demand. The quantity demanded will also not be affected because of the nature of need and requirements.

Related Questions

The process of combustion occurring without an open flame is called ________.
question 7 options:

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The process of combustion occurring without an open flame is called Spontaneous combustion.

What is combustion?

In the chemical process of combustion, an object quickly combines with oxygen to produce heat. The original substance is referred to as the fuel, and the oxygen's source as the oxidizer. Although it is typically a liquid for airplane propulsion, the fuel can be a solid, liquid, or gas.

A combustion reaction is a type of chemical reaction in which any combustible material reacts with an oxidizer to create an oxidized product. Fires and the release of heat energy are frequently present in combustion reactions.

The three types of combustion are:

Rapid combustionSpontaneous combustionExplosive combustion

Learn more about combustion, here

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Final answer:

The process of combustion without an open flame is referred to as 'the combustion reaction in a car engine,' and is an example of an adiabatic process occurring in the compression stroke of a gasoline engine.

Explanation:

The process of combustion occurring without an open flame is called the combustion reaction in a car engine. This type of combustion involves the rapid chemical combination of a substance with oxygen and is considered an adiabatic process because there is no possibility of heat conduction. This process is what happens in the compression stroke of a gasoline engine, and like other combustion reactions, it involves the production of heat. A common example of such a reaction is burning methane on a kitchen stove, which can be represented by the chemical equation CH₄ +₂O₂ → CO₂ + 2 H₂O + Heat.

_____ are those costs that are difficult to measure in monetary terms. select one:
a. fixed costs
b. direct costs
c. intangible costs
d. tangible costs next

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c. intangible costs is your answer

which of the following is not one of the four components of the business process

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Final answer:

The four components of a business process include inputs, resources, activities, and outputs. Without the list of options, we cannot identify which is not a component.

Explanation:

The four primary components of a business process are inputs, resources, activities, and outputs. Inputs refer to the materials, information, or other resources that are necessary to start a process. Resources are the tools, equipment, and human skills required to carry out the process. Activities are the tasks or steps taken to transform inputs into outputs. Outputs are the results or products of the business process. Each component plays an essential role in the functionality and success of the process. Determining which of these is not a component requires an understanding of the context, as the original question seems to be missing the list of options to choose from.

Cove's cakes is a local bakery. price and cost information follows: price per cake $ 13.41 variable cost per cake ingredients 2.27 direct labor 1.09 overhead (box, etc.) 0.13 fixed cost per month $ 3,372.80 required: 1. determine cove's break-even point in units and sales dollars.

Answers

With the data given in the question, break-even point in units is as follows: 13.41 - 2.27 - 1.09 - .13 = 9.92 Gross profit per cake sold. All we did was take the selling price of each unit and subtract all variable costs from the sale price to get the gross profit per cake. Next we divide fixed costs per month by gross profit per cake to know how many units must be sold to break even. As follows: 3372.80 / 9.92 = 340. Any units sold after the 340th unit will be beyond break even so the break even point in units is 340. Break even point in sales dollars simply the unit break even number multiplied by the retail price per cake which is as follows: 340 * 13.41 = 4,559.4 So break even point in sales dollars is $4,559.40.

An agency that offers accreditation for health-oriented websites is ____.

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An agency that offers accreditation for health-oriented websites is URAC.
UARC promotes a continuous development in the quality and efficiency of healthcare management through the process of accreditation, education, and measurement. It is a non-profit organization that under the name of Utilization 
Review Accreditation Commision in 1990.

If consumers buy less of a commodity when their incomes rise, this commodity is .

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The commodity is an inferior good. 

An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.

What kind of radio isn't regulated by the federal communication commission?

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The answer would be satellite radio. The FCC does regulate satellite radios to a certain extent with regard to the technical aspects of the machinery. However, they cannot regulate the content that is provided through the satellite radio although there have been attempts to do this in the past. 

Robert hitchcock is 40 years old today and he wishes to accumulate $500,000 by his 65th birthday so he can retire to his summer place on lake hopatcong. he wishes to accumulate this amount by making equal deposits on his 40th through his 64th birthdays. what annual deposit must robert make if the fund will earn 12% interest compounded annually?

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The problem wants to find out the cash flow per period that Robert will make from his 40th birthday until his 65th birthday. We know that he wants to get $500,000 by his 65th birthday thus this is the future value of his money. To solve for the cash flow per period, the equation is Future value = Annuity * [((1+i)^n-1)/i]. The n is the number of payments Robert would make which is 25. The answer would be $3749.98. 

Final answer:

Robert Hitchcock needs to make an annual deposit of $832.70 from his 40th to his 64th birthday at a 12% annual interest rate to accumulate $500,000 by his 65th birthday.

Explanation:

Robert Hitchcock wishes to save $500,000 by his 65th birthday, planning to make equal yearly deposits from age 40 to 64 at a 12% annual interest rate. We will calculate the necessary annual deposit using the formula for the future value of an annuity, which is FV = P * [((1 + r)^n - 1) / r], where FV is the future value, P is the annual deposit, r is the annual interest rate, and n is the number of deposits. To solve for P (the annual deposit), we rearrange the formula to P = FV / [((1 + r)ⁿ - 1) / r].

Given FV = $500,000, r = 12% or 0.12, and n = 25 years (from 40 to 64 years old), we calculate:

P = $500,000 / [((1 + 0.12)²⁵ - 1) / 0.12]

Plugging the numbers into the formula gives:
P = $500,000 / [(9.64629371 - 1) / 0.12]

P = $500,000 / [72.0524476 / 0.12]

P = $500,000 / 600.43623

P = $832.70

Therefore, Robert Hitchcock must make an annual deposit of $832.70 to achieve his goal of $500,000 by his 65th birthday.

Using a decision support system to determine market share is a

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Using a decision support system to determine market share is a use of the data system module. This includes getting data on competitors, including their prices for similar items.
Using a decision support system to determine a market share is a PRODUCTION FUNCTION.
Decision support system is a tool used by companies to support production planning, competitive market analysis, supply chain analysis and subsequent manufacturing system. The decision support system is made up of information which support decision makers in making suitable decisions form market entry.

Working hard to improve your basketball skills in order to be selected to the all-star team is a good example of

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Working hard to perfect your basketball skills in order to be chosen to the all-star team is a good example of goal setting.  Goal setting is the process of knowing what you want to accomplish and making a plan to achieve the result you want. 

Christina Tilson has been operating a stationary business out of her home. She receives a letter that she is violation of a zoning ordinance. Which level of government would pass an ordinance? a. state b. federal c. municipal d. international

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C municipal is the correct answer. Because ordinances are passed my local governments

You have $6,700 to deposit. regency bank offers 9 percent per year compounded monthly (.75 percent per month), while king bank offers 9 percent but will only compound annually. how much will your investment be worth in 16 years at each bank?

Answers

Final answer:

After calculating the future values using the compound interest formula, the investment would be worth approximately $24,393.36 at Regency Bank (compounded monthly) and approximately $26,143.20 at King Bank (compounded annually) after 16 years.

Explanation:

To compare the future values of the deposits at Regency Bank and King Bank with different compounding periods, we can use the formula for compound interest, which is A = P(1 + r/n)nt, where:

A is the amount of money accumulated after n years, including interest.P is the principal amount (the initial amount of money).r is the annual interest rate (decimal).n is the number of times that interest is compounded per year.t is the time the money is invested for, in years.

For Regency Bank (compounded monthly):

A = $6,700(1 + 0.09¹⁶ˣ¹²/12)

For King Bank (compounded annually):

A = $6,700(1 + 0.09/1)(1)(16)

To find the future value for each bank, we just need to plug in the values and calculate.

Regency Bank future value:

A = $6,700(1 + 0.0075)¹⁹²

A ≈ $6,700(1.0075)¹⁹²

A ≈ $6,700 * 3.6408

A ≈ $24,393.36

King Bank future value:

A = $6,700(1 + 0.09)¹⁶

A ≈ $6,700(1.09)¹⁶

A ≈ $6,700 * 3.90197

A ≈ $26,143.20

So, after 16 years, the investment would be worth approximately $24,393.36 at Regency Bank and approximately $26,143.20 at King Bank.

___ requires creditors to provide borrowers with a complete written account of credit terms and costs.

Answers

Truth in lending law requires creditors to provide borrowers with a complete written account of credit terms and costs.

1. Which of the following statements defines "grace period:" 1. The grace period is the day your payment is due. 2. The grace period is the number of days you have to pay at least a part of your bill before you have to pay interest. 3. The grace period is the number of days you have to pay off your total bill before you must begin paying interest.

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I suppose it'd be three...

The windsong automobile manufacturing company produces luxury automobiles made to order. the ownership of the firm recognizes the importance of happy employees. in addition to an excellent salary and benefits​ package, they have also decided to give each employee autonomy over their job and allow each specialist to complete an identifiable piece of work. using teams of four employee​ specialists, each team completes a car from start to finish. using the job characteristics​ model, which of the five core job dimensions describes these work​ teams?

Answers

The core job dimension which describes this work team is TASK IDENTITY.
Task identity refers to the overall extent to which an identifiable job is done from the starting point to the finish point by a single worker. Task identity is an important component of job satisfaction and employers use this technique to increase the satisfaction that the employees derived from their works.

In the long run, if the firm decides to keep output at its initial level, what will it likely do? stay on but decrease to the point touching shift to operate on shut down shift to operate on

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The primary aspect to consider here would be the elasticity of the good that the firm is producing. If the good is inelastic, the firm will continually increase the price in the long run model. If the good is elastic, in the long run, prices and output will remain relatively fixed at the equilibrium point.

A five-year, seven-volume study by the russell sage foundation found that:

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A five-year, seven-volume study concluded by the Russell sage Foundation in 1999 found that the labor and housing markets are heavily influenced by racial stereotypes and attitudes. The study found that minorities were making less money and working less hours than whites.

"____________ is a process whereby two or more parties reach a mutually agreeable arrangement."

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The Answer is: Negotiation

Why does a diverse and inclusive workforce benefit a firm supporting a global market?
a. a variety of language skills serves the global customer base well.
b. cultural insensitivity helps to retain customers.
c. understanding differences across markets restricts innovation.
d. both a and c, but not
b?

Answers

A. A Variety of language skills serves the global customer base well. I answered a because answer B is false, cultural insensitivity does NOT help to retain customers. C also seems false to me as I believe that understanding differences across markets does not restrict innovation, rather it would expand innovative though processes.

Carlos recently found a job as a newspaper reporter through a friend of a friend. this acquaintance refers to

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Carlos recently found a job as a newspaper reporter through a friend of a friend. This acquaintance refers to weak tie. According to the weak tie theory acquaintances (as opposed to friends) can be surprisingly powerful. The weak tie theory is derived  from Nick Granovetter's in 1973 in the article "The Strength of Weak Ties. There are three types of ties: strong, weak and absent.

To raise wealth and stimulate private spending, suppose the central bank lowers interest rates, making stock market investment relatively attractive. which stock market index would you monitor to judge the effectiveness of the policy: the dow jones industrial average or the s&p 500?

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The effectiveness of the policy might be best monitored using the S&P 500, because it draws from a broader set of companies. The Dow Jones Industrial Average is an index of 30 leading companies. While it reflects the overall health of the stock market, it does not provide enough information about small companies.

On thursday, july 27th, 1972, the apple film _______________, featuring george harrison, opens to the general public in london. it will smash previous daily records with huge figures and continuous round-the-clock screenings.

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The answer is The Concert for Bangladesh. It was the shared name for two benefit performances organized by Indian sitar master Ravi Shankar and past Beatles lead guitarist George Harrison. The performances were on August 1, 1971 at 2:30 and 8:00 pm performed in Madison Square Garden. The appearances were prepared to raise international awareness and trust help efforts for immigrants from Bangladesh. The performances were trailed by Apple Films' concert documentary in 1972, boxed three-record set, and a bestselling live album. 
This is the Concert for Bangladesh which is a film directed by Saul Swimmer. This film is about the two benefit concerts by Ravi Shankar and George Harrison for the refugees of the Bangladesh Liberation War. These two concerts feature really famous acts from singers such as Bob Dylan and Ringo Starr. 


Describe whirlpool's global marketing strategy. does whirlpool use an extension product strategy or an adaptation product strategy

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Whirlpool's fundamental market strategy was buying nearby settled appliance organizations, converging with effectively existing markets. In Europe, Whirlpool contributed $3 billion to the local market. Whirlpool ended up number three in Europe, yet didn't move past it to Japan, Asia, and Latin America as was anticipated. To adapt to resulting appliance issues in Europe, Whirlpool utilized worldwide part-sourcing strategy that helped the organization to trim down the quantity of providers by supplanting deals associations in 17 nations with four local deals workplaces and by lessening the quantity of distribution centers. Whirlpool utilizes a product adaption strategy by stressing product platforms as a way to product localized forms of its products.

Whirlpool's global marketing strategy may involve either extending their product globally without changes or adapting it to local preferences. An extension strategy relies on emphasizing the same product features worldwide, while an adaptation strategy aligns products with local cultural settings. A bifurcation analysis can help devise strategies to overcome local market competition.

Whirlpool's global marketing strategy can be understood through two lenses: the extension product strategy and the adaptation product strategy. The extension strategy focuses on marketing a product globally without significant changes, emphasizing the same features such as absorbency and strength in the case of paper towels, similar to certain product-oriented strategies like the examples provided by Felton (2013). This approach is illustrated by brands like McDonald's, which highlight unique offerings, such as America's favorite french fries that can only be bought at its stores.

On the other hand, the adaptation product strategy adjusts the product to meet local tastes and preferences. It is reflective of adaptive strategies mentioned in 7.1. This involves understanding and aligning with various global modes of production, distribution, and consumption. Whirlpool may adopt this adaptive approach to compete effectively in different cultural settings, ensuring its products appeal to the local market nuances.

If overwhelmed by a competitor in the local market, as a director of a marketing department, I would conduct a bifurcation analysis to understand the critical factors influencing market dynamics. Based on the outcomes, I would develop a marketing strategy that potentially 'flips' the market by innovating in production, revolutionizing distribution methods, or altering consumption patterns to better align with consumer needs and preferences.

When a company's output is consumed immediately and employees and customers interact directly, the firm uses and will tend to be flexible, informal, and decentralized?

Answers

Final answer:

Companies with immediate consumer-facing outputs and employee-customer interactions tend to adopt flat organizational structures that are flexible, informal, and decentralized, focusing on service-centric operations and teamwork.

Explanation:

When a company's output is consumed immediately and there is direct interaction between employees and customers, the firm likely operates with a service-oriented and customer-centric approach. In such situations, traditional hierarchical structures are replaced by flat organizational structures, characterized by flexibility, informality, and decentralization. This paradigm shift, moving away from vertical integration and rigid management, encourages agility within the market economy by enabling companies to respond rapidly to economic fluctuations without the need for government intervention. Interactions and teamwork are emphasized, with team contributions to profitability being a key focus for hiring decisions. This setup fosters seamless horizontal flows of information and builds upon informal networks and tacit knowledge to swiftly form collaborative teams, facilitating a dynamic industrial organization crucial to maintaining competitiveness and innovation.

If the relevant population is 268 million people and the number of people in the labor force is 148 million, the labor force participation rate is

Answers

Given:
Population, P = 268 million
Labor force, LF = 148 million

The labor force participation rate is
LFPR = LF/P = 148/268 = 0.552

Note:
P, the population includes the number of people who are eligible to join the labor force.

Answer: 0.552

Total revenue, in $millions, for apple computers was 42,905 in 2009, 65,225 in 2010, and 108,249 in 2011. the average growth rate of revenue during these three years is closest to:

Answers

$108249-$42905= $65344 $65344 divides by 3 since it is a three year period gives you the average rate of growth in $millions. $21781.33333 in $millions

Case company allocates $5 overhead to each unit produced. the company uses a plantwide overhead rate with machine hours as the allocation base. given the amounts below, how many machine hours does the company expect in department 2?

Answers

Let Department 2 Machine hours Be x, and using the equation below. 

Find  ATQ :

          5= (440000 + 245000) / (74000 + x)

          => 370000 + 5x = 685000

          =>x = 63000

 

Therefore, there are 63,000 machine hours that the company expects in Department 2.

 

Levon is writing a persuasive message. what is the first task his message should accomplish?

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The first task the Levon’s  message should accomplish when writing a persuasive message is analyzing the situation as this is the first task that should be done in planning and writing a persuasive message in a way that will help the readers to understand what the message is trying to point out or to be delivered to them.

The first task that levon must accomplish in his message in writing persuasive message is gaining attention. Levon must write effective persuasive messages that make claims and request adjustments, outline components of the writing plan for sales letters including gaining attention, building interest, reducing resistance and motivating action.

Travel by bus and pawn-shop services would be expected to be examples of

Answers

An example of inferior goods

An inferior good is a type of good that declines in demand when income rises. These could be items such as generic foods, off-brand electronics, and discount store clothing. In contrast to inferior goods are normal goods. A normal good acts just the opposite of an inferior good; demand increases when income increases.

The na+/k+ atpase moves sodium in the __________ direction compared with the direction it travels through sodium leakage channels.

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It moves in the opposite direction. Na+/K+-ATPase is a catalyst found in the plasma layer. It is sodium-potassium adenosine triphosphatase, otherwise called the 'Na+/K+ pump', 'sodium-potassium pump', or essentially 'sodium pump', for short. 

The chemical moves Na+ (sodium) particles out of the cell and replaces them with K+ (potassium) particles. This keeps the Na+ particles outside of the cell film and keeps the K+ particles within the cell layer. The procedure works the other way of dispersion.
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