Generally, we calculate elasticity as the: percentage change in quantity demanded/supplied divided by the change in price. percentage change in price divided by the percentage change in quantity demanded/supplied. percentage change in quantity demanded/supplied divided by the percentage change in price. change in quantity demanded/supplied divided by the change in price.

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)

Mr. king wants to offer 100 acres of his property for sale. since the property is landlocked, he will have to put in a driveway to the road that will run across his remaining property. what kind of easement will he have to grant