Business, 20.01.2020 23:31 ricosuave42pf0gdn

The own price elasticity of demand for apples is -1.5. if the price of apples falls by 6 percent, what will happen to the quantity of apples demanded

a. it will increase 4 percent.

b. it will decrease 4 percent.

c. it will increase 9 percent.

d. it will decrease 9 percent.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:50

Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t

Answers: 1

Answer

Business, 22.06.2019 15:30

Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.

Answers: 3

Answer

Business, 22.06.2019 21:00

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $

Answers: 1

Answer

Business, 22.06.2019 23:30

Sports leave thousands of college athletes with little time for their studies. this is an example of

Answers: 1

Answer

You know the right answer?

The own price elasticity of demand for apples is -1.5. if the price of apples falls by 6 percent, wh...

Questions