Consider the market for a natural resource, where the price is initially $20 comma 000 per ton and 40 comma 000 thousand tons are supplied. suppose the price of the resource falls to $19 comma 000 per ton, at which price the market supplies 39 comma 500 thousand tons. what is the price elasticity of supply between these prices? using the midpoint formula, the price elasticity of supply is . 245. (enter your response as a real number rounded to two decimal places.) as such, supply is inelastic .

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes

Which of the following has the largest impact on opportunity cost