subject
Social Studies, 17.04.2020 00:50 hinacat87

Please answer by tomorrow before 11:59 pm, will give brainliest
1) Kristine, a highly motivated entrepreneur plans on applying for a business loan from Bank of America. She finds out that the percent change in the price of business loans increased to 5 percent last month. This resulted in a 50 percent change in quantity demanded. What is the business loan’s price elasticity?

2) Kelly, a bright college student finds out that the iPhone 10 was just launched this past week in Cupertino, CA. She along with the thousands of consumers plans on purchasing the iPhone 10 from Best Buy due to a price decrease from $899.99 to $649.99. Apple expects to see the quantity demanded for iPhone 10 to rise from 2 million to 3 million by the end of the year. What is the iPhone 10’s elasticity of demand?

3) Isabel is a model for Vogue magazine and travels from Glendora to Los Angeles six times a week. She finds out that gas prices have decreased from $4.15 a gallon to $3.20 a gallon for premium. This makes her commute a little bit happier, but only plans to travel one additional time per week to Los Angeles for photo shoots. What is the price elasticity of demand for premium gasoline?

4) Samsung has seen its misfortune due to its failed Samsung Note 7 product. This led to a 20% decrease in quantity demanded even though it increased the price by 1% and its quantity supplied increase by 5%. What is the price elasticity of supply for Samsung Note 7? What is the price elasticity of demand for Samsung Note 7?

5) Chik-Fil-A is looking to increase its chicken production from 4 million to 5 million per year. This will result in a price increase of chicken nuggets from $3.25 to $3.50. At the same time, its competitor across the street, Chicken-R-Us, also plans to increase its production of chicken from 3 million to 3.5 million per year with the same price increase as Chik-Fil-A. What are the price elasticity of supply for both Chik-Fil-A and Chicken-R-Us?

6) Dell has gone through some market challenges these past few years, especially with the desktop market. If the prices of desktop computers decreases by 14% last quarter resulting in an increase of 12% in quantity demanded, then Dell will decrease the quantity supplied of desktops by 10%. What is the price elasticity of supply for Dell desktops?

7) The price of cell phones rose slightly higher from $500.00 to $550.00 this past month, and Samsung found out about Apple’s release of the iPhone 10, so in turn it decided to increase production of its Galaxy S10 from 150,000 to 300,000 to compete with its rival. What is the price elasticity of supply for Galaxy S10 phones?

8) The current epidemic of the swine flu (H1N1 virus) has led to consumers demanding more chicken over pork. If the chicken nugget price increases from $4.99 to $5.29, then McDonalds’s plans on producing more chicken nuggets from 409,000 to 599,000. What is the price elasticity of supply for chicken nugget.

ansver
Answers: 3

Another question on Social Studies

question
Social Studies, 22.06.2019 09:30
What attorney successfully defended zenger during trail
Answers: 1
question
Social Studies, 23.06.2019 06:20
Q1-which of the following strategies did spain use in an attempt to thwart french claims to the texas territory after 1689? a. establishing a blockade on the texas coastline b. bringing spanish settlers up from mexico into spanish territory c. developing relationships with native american indian nations that would fight the french. d. paying off the french for the claim to texas with silver mined in its southern colonies q2-for which of the following reasons was texas's first petition for statehood in the united states denied? a. the issue of slavery prevented the united states from accepting texas as a state. b. the united states would not admit texas until the new republic was able to pay off its massive war debts. c. the united states knew that most texans did not think of themselves as americans and did not believe it was fitting to admit them. d. the united states did not want to damage relations with a weakened but still powerful mexico. q3-  which of the following brought about the final settlement of the official boundary lines of the state of texas? a. the compromise of 1850 b. the reincorporation of texas at the end of the civil war c. the peace treaty of the mexican-american war d. the 1845 act signed by the president that made texas a state q4-  which of the following was implemented by the texas state “carpetbagger’s constitution” of 1869? a. a repudiation of the state’s war debt b. disfranchisement of african americans who had previously gained the right to vote c. the abolition of slavery d. disfranchisement of whites who had participated in the civil war q5-  according to daniel j. elazar’s political culture classification system for the united states, to what  dominant  political subculture does texas belong? a. traditionalistic b. individualistic c. conservative d. moralistic q6-  school districts are governed by which of the following? a. an appointed board of trustees b. a city-council appointed manager c. an elected superintendent d. an elected board of trustees   q7- which of the following is the primary reason that special purpose districts are created? a. to provide services when no other unit of government exists to provide that service b. to give local residents more control over their affairs c. to take power away from city governments and place it with the county government d. to provide services at a more competitive rate than county or city services can q8-to pass an ordinance, a county government must do which of the following? a. pass it through the commissioner’s court with a majority vote b. get legislative approval c. get approval from the municipal government d. pass it through the commissioner’s court with a unanimous vote q9-which of the following is the primary function of county constables? a. ensuring the smooth running of the commissioner’s court b. serving as prison administrators c. enforcing the law through police actions within county jurisdiction d. serving as court officers for justice of the peace courts q10-which of the following is not true of the county judge’s powers or responsibilities? a. the county judge does not have to be a licensed attorney. b. the county judge is elected to four-year terms. c. the county judge presides over the commissioner’s court but has no vote in its proceedings. d. the constitution assigns judicial duties to the office of the county judge.
Answers: 2
question
Social Studies, 23.06.2019 08:30
How long was the government shutdown?
Answers: 2
question
Social Studies, 23.06.2019 09:30
According to erikson's theory, which stage of social development is related to adulthood
Answers: 1
You know the right answer?
Please answer by tomorrow before 11:59 pm, will give brainliest
1) Kristine, a highly motivate...
Questions
question
English, 28.10.2020 19:30
question
Mathematics, 28.10.2020 19:30
question
Law, 28.10.2020 19:30
question
Mathematics, 28.10.2020 19:30
question
Chemistry, 28.10.2020 19:30
question
Mathematics, 28.10.2020 19:30
question
Mathematics, 28.10.2020 19:30
question
Mathematics, 28.10.2020 19:30
Questions on the website: 13722361