Business, 21.03.2020 02:56, lilpump3506
Using the midpoint method, the price elasticity of demand for a good is computed to be approximately 0.75.
Which of the following events is consistent with a 10 percent decrease in the quantity of the good demanded?
A) a 7.5 percent increase in the price of the good
B) a 13.33 percent increase in the price of the good
C) an increase in the price of the good from $7.50 to $10
D) an increase in the price of the good from $10 to $17.50
Answers: 3
Business, 21.06.2019 22:20, kyla1220
Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans
Answers: 1
Business, 22.06.2019 20:00, kickdoedon
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
Business, 23.06.2019 12:00, Adones7621
The "ideal" business, according to richard buskirk of the university of southern california: has many diverse employees. has a few, carefully selected employees. has many homogeneous employees. is a "one-man show".
Answers: 2
Using the midpoint method, the price elasticity of demand for a good is computed to be approximately...
Mathematics, 01.12.2020 16:40
Mathematics, 01.12.2020 16:40