Answer: The price elasticity of demand for good A is 0.67, and an increase in price will result in a increase in total revenue for good A
Explanation:
The following can be deduced form the question:
P1 = $50
P2 = $70
Q1 = 500 units
Q2 = 400 units
Percentage change in quantity = [Q2 - Q1 / (Q2 + Q1) ÷ 2 ] × 100
Percentage change in price = [P2 - P1 / (P2 + P1) ÷ 2 ] × 100
% change in quantity = (400 - 500)/(400 + 500)/2 × 100
= -100/450 × 100
= -22.22%
% change on price = (70 - 50)/(70 + 50)/2 × 100
= 20/60 × 100
= 33
Price elasticity of demand = % change in quantity / % change on price
= -22.22 / 33
= -0.67
This means that a 1% change in price will lead to a 0.67% change in quantity demanded. As there was a price change, there'll be a little change in quantity demanded because demand is inelastic. Thereby, he increase in price will lead to an increase in the total revenue.
Therefore, the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A
which of the folliwing guidelines is not include in making vegetable salad?
Answer:
An apple mabye??
Explanation:
HELP: Due tomorrow at 10am! Fill in the blanks (Economics)
Answer:
Explanation:
1. Trade-off 2. Factors of production 3. Gun v butter 4. Production possibility curve 5. Training and technology 6. Human capital
7. Marginal cost 8. Unlimited wants but only limited 9. Scarcity
10. Scarcity 11. Inefficiently 12. Opportunity cost 13. Trade off
1. The person who operates a business
under the name of the owner.
Answer:
Franchise
Explanation:
A franchise is someone who uses the name, logo and design of an existing company. I think it's the same thing
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
What is service enterprise
Why can you win a presidential election without winning the most individual votes?
Answer:
Because of Electoral College system
Explanation:
Answer:
You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.
Explanation:
(hope this helps :P)
Explain how short-term profitability affects pricing.
GameStop stock prices
last week.
A
tanked
B
soared
с
stabilized
D
plateaued
What is a similarity between a term life insurance policy and a whole life insurance policy?
OA
OB
Both provide coverage for the policyholder's medical and outpatient surgery costs
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years,
Both include a cash value component that the policyholder can receive at the end of the policys term,
Both provide financial compensation to the beneficiaries upon the policyholder's death,
Ос. .
OD
A similarity between a term life insurance policy and a whole life insurance policy is that both provide financial compensation to the beneficiaries upon the policyholder's death. The correct option is d.
Term and whole life insurance are two of the most frequent types of life insurance. Whole life insurance is a type of permanent life insurance that lasts as long as you live (provided you pay your premiums). It also includes a cash value account, which is a form of savings account that grows tax-free over time and can be withdrawn or borrowed from while you are living. Term life insurance, on the other hand, is only valid for a set number of years (the term) and has no monetary value.
Term insurance only protects you for a set number of years, whereas whole life insurance protects you for the rest of your life—if you can keep up with the premium payments. Whole life insurance rates might be five to fifteen times higher.
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You are creating a budget for your new business. What should you include?
A. All income and expenses.
B. Fixed expenses but not income.
C. Income but not variable expenses.
D. Fixed and variable expenses but not taxes.
Answer:
A
Explanation:
You should include all income and expenses because you need to know the value of the business and the amount of money you'll have to spend after you have deducted all the expenses and added all the incomes of the business.
(Zaxbys)
select all the salads that are made with regular zalad base x (check all that apply).
Answer choices:fried caesar, buffalo blue, grilled caesar, blackened blue, grilled house, grilled cobb, fried house, fried cobb
Answer:
Fried Caesar, grilled Caesar, Buffalo blue, fried cobb
Explanation:
Salads are made with various vegetables and meat base. The regular salad is green salad which is most commonly used. There are many benefits of having salad with meal. Many people do not like vegetables so they add little meat with salad to consume it. Most regular salad base are fried Caesar and fried cobb.
How can social media cause people to live from pay check to pay check?
Answer:
Living paycheck to paycheck: For many, this act of using most oe all your monthly income to cover your monthly expenses-with no money left over and none for savings.
1203+345=
............
Which of these is most closely associated with an economic recession? *
1.an increase in stock prices
2.an increase in consumer spending
3.a decrease in the demand for labor
4.a decrease in the minimum wage
Answer:
3. a decrease in demand for labor
Explanation:
Economic recession is associated with the significant loss of economic activity. The economic activity includes like Goss domestic production, income, industries and wholesale.
The recession may be for the short and long term and be followed by a raid r a slow recovery. Such as economic slowdown after the corona affected nations and indirectly affected the wages and salaries of the workers and laborers.Hence the option 4 is correct.
Learn more about the these are most closely associated with an economic recession.
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Which professional most likely has a doctoral degree in order to work in their field?
Marriage and Family Therapist
Counseling Psychologist
Substance Abuse Social Workers
Mental Health Counselors
the correct answer is b, counseling psychologist !
i did the test.
A counseling Psychologist is a professional who most likely has a doctoral degree in order to work in their field. Hence, option B is appropriate.
What is the meaning of a Psychologist?Psychologists try to comprehend and justify people's actions, feelings, and thoughts. They create hypotheses about the thoughts and emotions that affect people using methods including observation, evaluation, and experimentation.
Psychologists are not doctors; psychiatrists are. Psychologists are unable to administer drugs; psychiatrists can. For complex and significant mental illnesses, psychiatrists diagnose illness, oversee therapy, and offer a variety of therapies. Psychologists concentrate on giving patients talk treatment or psychotherapy.
A trained mental health specialist with a Ph.D. is called a psychologist. This is where a psychiatrist and a psychologist vary from one another. While a psychologist concentrates just on a therapeutic approach to healing, a psychiatrist may prescribe medication.
Both mental health awareness and professional opportunities in psychology have grown. Psychology is a discipline that is expected to expand at a rate of 14% annually since it aids in understanding the root causes of problems in individuals rather than just addressing the symptoms.
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An example of a country's businesses spending on capital when calculating the GDP using the expenditures approach is _____.
rent
purchase of weapons for the military
purchase of software
none of the above
Answer: salaries of public employees
Answer:
The correct answer on EDEG 2021 is B or purchase of weapons for the military
Explanation:
On July 1, 2020, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Kalter Insurance Co. Kalter uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order
Answer:
July 1,2020
Dr Cash $ 14,400
Cr Unearned Service Revenue $ 14,400
December 31,2020
Dr Unearned Service Revenue $ 2,400
Cr Service Revenue $ 2,400
Explanation:
Preparation of the journal entry for July 1 and the adjusting entry on December 31 for Kalter Insurance Co
Based on the information given the journal entry for July 1 will be :
July 1,2020
Dr Cash $ 14,400
Cr Unearned Service Revenue $ 14,400
(Being to record Unearned Service Revenue )
Based on the information given the Journal entry for December 31,2020 will be :
December 31,2020
Dr Unearned Service Revenue $ 2,400
Cr Service Revenue $ 2,400
[ ( $14,400 / 36 Months) * 6 ]
(Being to record Service revenue earned)
Note that 3 years will give us 36 months (12month*3) and July 1,2020 to December 31 will give us 6 months.
What does an exchange rate tell you?
Answer:
An exchange rate tells you how much one type of currency is worth in a different currency.
Explanation:
Answer:A foreign exchange rate is the relative value between two currencies. Simply put, "exchange rates are the amount of one currency you can exchange for another."
Explanation:
When looking at the purchase of accounting software, things to avoid include
Answer:
4) C) software that requires a high annual subscription whether you want the updates or not
Explanation:
What does the Fair Credit Reporting
Act focus on?
A. The borrower's rights in regard to their credit
report.
B. The bank's ability to change customer's credit
reports.
C. The government's ability to see an individual's tax
forms.
D. The lender's rights in hiding loan information.
Can someone help me finish these missing assignments for accounting?
One of the purposes of market segmentation is to determine the best customer for the service or product and then to target that group
through marketing.
True
False
Answer:
true
Explanation:
Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried about losing his investment. He would like to know the
interest rate up front. Which of the following options would best suit his needs?
O Certificate of deposit
OIRA
O Traditional checking account
Traditional savings account
Answer:
A. Bonds.
Explanation:
I majored in Business
The option which fulfills the needs of Marlon is a Certificate of deposit. Thus the correct answer is A.
What is a Certificate of Deposit?A certificate of deposit is considered a kind of saving account which helps the account holder to carry a set amount for a fixed period of time. The duration can be of six months, a year, or five years. The bank will be the interest rate to the holder based on the duration.
Marlon wishes to acquire savings over time. He does not require easy access to the funds and is concerned with losing his investment. He wants to know the interest rate right away. In this situation Certificate of the deposit will be suitable as it holds money for a fixed duration of time.
This will be better as it provides a higher rate of interest and does not charge any maintenance fees from the account holder.
Therefore, option A Certificate of deposit.
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Why do you think it is better for the industry to advertise its product through magazine than newspapers.Give two reasons
Answer:
Magazines are more specifically targeting, offer higher scope of sale conversion.
Explanation:
Advertisement is done to persuade people for buying goods & services. It can be of various forms, eg - magazines & newspapers.
Magazines are better than newspapers, as -
Magazines are read by people specifically interested in the particular niche, so they are more likely to be prospective buyers of the product. Newspapers are comparatively less targeted form of advertisement, as they advertise to all the people, irrespective of their scope of interest in the good or service. Magazines are relatively more targeted in this case.How much candy is in 30 bags? there are 10 pieces of candy each
Answer:
300
Explanation:
10/30=300
The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.
Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.
Explanation:
which manager designs the product in a business
Answer:
Product Design Management (PDM)Explanation:
Product Design Management (PDM) is one of the most important elements in the successful business of designing innovative products for production.Write about the ways to maintain a positive body
image.
What I Should Do to Maintain a Positive Body Image
Answer:
Eat Healthy
Maintain a good diet
Meditate
Practice self confidence
Work out
Stay positive
Have a healthy mental state
What number is 0.1 more than 30.7?
Answer:
30.8
Explanation:
What is the first step when creating a 3-D range name?
Open the New Range window, and click 3-D.
O Press the Shift key while selecting the new sheet.
O Open the Name Manager, and click New.
O Click a cell to insert the cell reference.
Answer:
C. Open the Name manager, and click New
Explanation: