Social Security benefits for the custodial spouse are phased out if he or she has substantial market earnings

If demand changes greatly with price, the demand is inelastic

Indicate whether the statement is true or false

Bacon Signs will have cash receipt of $80,000 in December and cash disbursements in December of $70,000. If its beginning cash is $4,000 and its desired reserve is $15,000, what will Bacon Signs' cash situation be at the end of December?

What will be an ideal response?