Answer:
A perfectly elastic demand curve means that the firm can sell as much output as it chooses at the current price.
Explanation:
The perfectly elastic demand implies that the demand curve is horizontal line parallel to the X axis. The price is fixed at a point and the firm can sell any amount of output at this point. The demand is infinite at the given price level. If the firm makes any changes in this price level, the demand will become zero.
That statement is True
Internal Compliance is carried out to ensure that all process are done according to regulated rules and standard
Poor internal compliance could indicate that certain process is not carried out according to standard, which could damage the trust of internal customers
Answer:
Extension proposals are not rare because of the buyer's perspective of bridging finance as well as the explanations for both the requirements can indeed be broad. The much more common explanations are.
Explanation:
- It has required longer than planned to secure planning approvals.
- When a transaction has been negotiated, the borrower awaits an exchange of contracts.
- Additional resources as well as time are needed by the creditor to accomplish his project.
- Refurbishment analysis was suddenly postponed.
- Before actually refinancing the debt, the creditor waits for something like a new lender to conclude his thorough research.
- Throughout the final moment, the buyer of the creditor's property backs out, causing the borrower to bring the estate back into the marketplace.
- Throughout the last minute, the previous buyer refinancing the property backs out, obliging the creditor to find some mortgage company.
Answer:
(a) p = $ per lb
p = $2.12 per lb
(b) q = lb (c)
q = $23320
Explanation:
p=750000/q^1.5=>
p'=-1125000q^(-2.5)<0 always
=>p is decreasing with the
increasing of q. So q should take
the allowable least value=5000.
=>
(a) the charge= 750000/(5000)^1.5= $2.12/lb
(b)The max. revenue=
q = lb (c) = 2.12(5000)= $23320