Business, 10.09.2019 22:30 kiekie1986
When the price of a bar of chocolate is $1, demand is 100,000 bars. when the price rises to $1.50, demand falls to 60,000 bars. calculate the price elasticity of demand according to the instructions below and express your answer in absolute value. a. suppose price increases from $1 to $1.50. calculate the price elasticity of demand in terms of percent change. b. suppose price decreases from $1.50 to $1. calculate the price elasticity of demand in terms of percent change. c. suppose the price increases from $1 to $1.50. calculate the price elasticity of demand using the mid-point method. d. suppose the price decreases from $1.50 to $1. calculate the price elasticity of demand using the mid-point method.
Answers: 3
Business, 22.06.2019 14:20
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
Business, 22.06.2019 14:50
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
Business, 22.06.2019 19:40
On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?
Answers: 1
Business, 22.06.2019 23:00
The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading
Answers: 2
When the price of a bar of chocolate is $1, demand is 100,000 bars. when the price rises to $1.50, d...
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