Suppose you are given the following data on demand for a product.
price quantity demanded
$10 30
$9 40
$8 50
$7 60
$6 70
the price elasticity of demand (based on the midpoint formula) when price increases from $7 to $9 is
a. 63.
b. 1.16.
c. 1.60.
d. 2.27.

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Why are there so many types of diversion programs for juveniles

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?