Answer:
0.34,
Explanation:
% change in qty = { (90-70) / [(90+70)/2} *100 = 25%
% chnage in price = { (7-15) / [(7+15)/2} *100 = -72.73%
PRICE ELA OF DEMAND = CHANGE IN QTY/ CHANGE IN PRICE
PRICE ELA OF DEMAND = 25/72.73 = 0.343
an increase in price from $7.00 to $15.00 results in an increase in total revenue.
The price elasticity of demand for the books when 90 books are sold when the prices are lowered from $15 to $7 each will be 0.34.
What is price elasticity of demand?A percentage change in the quantity demanded for particular goods or services due to a percentage change in the price of such goods or services is known as the price elasticity of demand.
For the given case, the price elasticity of demand will be calculated as,
[tex]\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{Final\ Quantity-Initial\ Quantity}{Initial\ Quantity}}{\dfrac{Final\ Price- Initial\ Price}{Initial\ Price}}\\\\\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{90-70}{70}}{\dfrac{15- 7}{7}}\\\\\rm Price\ Elasticity\ of\ Demand\ = 0.34[/tex]
Hence, the price elasticity of demand is calculated as above.
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You are reviewing your client's bank feed. She has several expense transactions for the local gas station that are correctly categorized. Go to the For Review tab in the Banking Center Select the multiple gas transactions _____________________________ What step completes the process for adding all of these transactions to the bank feed at the same time
Agribusiness developed as a result of a desire for more environmentally friendly agricultural practices. a desire for more environmentally friendly agricultural practices. increased demand for specialty food products. increased demand for specialty food products. a growing shortage of arable land. a growing shortage of arable land. declining numbers of farmers.
Answer:
declining numbers of farmers
Explanation:
Agribusiness is defined as an industry that is concerned with economic activities related to farming from the farming practices to the final product that gets to the consumer.
Activities like chemical production, breeding, crop production, farm machinery, marketing, and distribution of inputs.
In the agricultural space as a decline in the number of farmers occurred it became necessary for businesses to commercialise various stages of the agricultural value chain.
This resulted in more availablity of required products and services that farmers need to operate. With this support the number of farmers is now growing.
For example in contract farming companies provide the farmer with needed inputs as a loan.
At harvest produce from the farm is used to repay the loan.
This empowers the farmer to keep producing.
An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:
All of the following could be included in a thank-you letter except
A. reiterating your interest in the position.
B. thanking the interviewer for choosing you.
c. thanking the interviewer for considering you.
D. highlighting what you learned in the interview.
Thanking the interviewer for choosing you would not be appropriate as the final decision may not have been made at the time the thank-you letter is sent, and it can come across as presumptuous. Therefore, thanking the interviewer for choosing you should not be included in a thank-you letter. Thus, option B is correct.
What is thank-you?A thank-you letter is a letter that you send to express your gratitude and appreciation for someone's time, help, or consideration. In the context of a job interview, a thank-you letter is usually sent to the interviewer(s) after the interview to thank them for their time and consideration and to reiterate your interest in the position.
Here are some things that you could include in a thank-you letter:
Start with a proper salutation, such as "Dear [Interviewer's Name],"Express your gratitude for the interviewer's time and consideration.Reiterate your interest in the position and highlight why you think you would be a good fit.Reflect on what you learned from the interview and how you can contribute to the company.If you forgot to mention something during the interview, you can include it in the thank-you letter.End the letter by thanking the interviewer again and expressing your enthusiasm about the possibility of working with them.Sign off with a professional closing, such as "Sincerely," or "Best regards," followed by your name.Remember to proofread your letter carefully before sending it to avoid any spelling or grammatical errors.
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What is the Importance of sales promotion
Why is it important to show your application essay to members of your support group or family before you turn it in?
A. because they might offer to write the final draft of the essay for you
B. because your relatives will remember things about your childhood that you have forgotten
C. because you want to impress them with what you've written about yourself
D.because some of them may have done this themselves and can offer helpful advice
No bit links. 15 points.
Answer:
D) Because some of them may have done this themselves and can offer helpful advice
Explanation:
I know that this is the answer through personal experience.
It is important to show your application essay to members of your support group or family before you turn it in because some of them may have done this themselves and can offer helpful advice. Thus, option 'D' is the correct option.
What is an application essay?An essay or other written statement made by a candidate, frequently a prospective student applying to a college, university, or graduate school, is known as an admission or application essay. It is also occasionally referred to as a personal statement or statement of purpose.
The admissions committee is interested in finding out more about you—your accomplishments, challenges, objectives, passions, personality, values, and character. The college wants to know the individual's effect on you if you are requested to write about an influential person.
Make sure you stand out in your essay, no matter what subject you decide to focus on. Don't just tell readers what you care; show them. Don't provide the admissions committee with a list of grievances if you experienced a problem.
Therefore, option 'D' is the correct option.
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_____________are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.
Answer:
Switching cost
Explanation:
Switching costs are the costs when the consumer paid for switching the brands or products. It can be in terms of effort based, time based, etc
It can employ the high switching cost in order to protect the customers from shifting to the another brand
Therefore the switching cost should be considered
A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability that the sample proportion will be between 0.9115 and 0.946 is
a. 0.8633
b. 0.6900
c. 0.0819
d. 0.0345
Answer:
c. 0.0819
Explanation:
The mean = 0.85
standard error of the proportion is: sp = sqrt(pq/n)
= sqrt ((.85)(0.15) / 51) = 0.05
P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )
= P(1.23 < z < 1.92)
= P(z < 1.92) - P(z < 1.23) = 0.0819
The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working conditions Answer B: differences in working conditions B on-the-job training Answer C: on-the-job training C differences in bargaining power Answer D: differences in bargaining power D differences in human capital ap microeconomics
Answer:
A differences in working conditions
Explanation:
The working conditions of the employees matters a lot when it comes to determine the wages of the employees. There is always a discrimination made based on the working condition, the level of education received by the employees and many more.
Thus the higher wages received by the college graduates is mainly due to the working condition and the responsibilities that they are going take while working in an organization when compared to their sub-ordinates.
Your high school transcript will include each of these items EXCEPT...
The name of your school
Your GPA calculated with all of the courses you’ve taken so far
A list of your test and quiz grades in each course
The courses you’ve taken and when you took them
Answer:
a list of your test and quiz grades in each course
Explanation:
a list of your test and quiz grades in each course
Under the Uniform Securities Act, an investment adviser who has no place of business in a State is exempt from registration if the:
Answer:
✓The adviser had no more than five clients in that state within the last 12 months
✓ The adviser provided advice only to investment companies in that state.
✓The adviser provided advice only to insurance companies in that state
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Under the Uniform Securities Act, an investment adviser who has no place of business in a state is exempt from registration in that state if the adviser provides advice in which of the following situations?
ANSWER:
The Uniform Securities Act can be regarded as is a model law which was set up to serve as starting point as regards to state-level securities regulation. The purpose of this Act is to handle securities fraud at the state level and also to give assistance to the Securities and Exchange Commission (SEC) in aspect of enforcement as well as regulation.
As regards to the scenerio in the question, The investment adviser
✓would not have more than five clients in the whole particular state and within the period of duration of last 12 months.
✓ His advice will Only be towards
investment companies in that state.
✓His advice will Only be towards
insurance companies in that state
The firm pays above average wages to its employees. Each employee is given at least two weeks of vacation and any time family matters arise and time is needed, flexible arrangements are made to facilitate the employee. Each Thanksgiving, a turkey is provided to each employee, $15 gift certificates are given for the Christmas holiday, and during the summer, the firm pays for each employee and one other individual to attend an expense-paid day at the local amusement park. This firm seems to be a(n) _________ company.
Answer:
People-oriented
Explanation:
In the people-oriented, the company want to share something or the employees wants to share something and in this the employees are treated a a friends. Here all can be happy, smilling. Moreover, the work can be done in a fun way, everyone love their job and every employee treated by the organization is same
so as per the given situation, it is a people-oriented
Answer:
People-oriented
Explanation:
A people-oriented company is the one that cares most about its employees and their welfare. A people-oriented company is a business approach that takes good care of employees by treating them well and recognizing their role in the firm.
In the given case, the firm that pays more than average salary to its employees, two weeks of vacation, family emergency time, flexibility, gifts on festivals, etc., is a people-oriented company. The firm is taking care of the well-being of its employees in the given scenario.
Therefore, it is a people-oriented company.
Which of the following is the definition of customer experience?
A. The product of an interaction between an organization and a customer.
B. The product of upselling a customer.
C. The product of an interaction between the organization's employees.
D. The product of customer referrals
Answer:
a
Explanation:
Lawrence has been asked to learn how many cars drive by a specific location that his company is considering for a new restaurant. The most useful way to research this information would be by
Answer:
The answer is Investigating Primary Sources
Explanation:
I chose this answer because According to this problem, even though it doesnt say it, the smartest way to investigate a location you want to make a business
really you would need to see the sources for it.
Differences between private and public company
here's your answer..
Answer:
The public company refers to a company that is listed on a recognized stock exchange and its securities are traded publicly. A private company is one that is not listed on a stock exchange and its securities are held privately by its members.
Explanation:
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[tex]\large\colorbox{indigo}{Xxᴊᴀsʜ13xX}[/tex]
what is profit and loss account
La cuenta de pérdidas y ganancias (P&G) es un estado financiero que resume los ingresos, los costos y los gastos incurridos durante un período específico, generalmente un trimestre o año fiscal. La cuenta de pérdidas y ganancias es sinónimo de la cuenta de resultados. Estos registros proporcionan información sobre la capacidad o incapacidad de una empresa para generar beneficios mediante el aumento de los ingresos, la reducción de los costos o ambos. Algunos se refieren al estado de ganancias y pérdidas como un estado de ganancias y pérdidas, estado de resultados, estado de operaciones, estado de resultados financieros o ingresos, estado de ganancias o estado de gastos
Answer:
Explanation:
Profit and loss is not an account. It is calculated by taking the difference between the revenues minus the expenses of a business. If there are more revenues than expenses, the difference is positive or a Profit. If there are more expenses than revenues, the difference is a negative or a Loss.
A reward or punishment that encourges people to behave in a certain way is called a(n)
want.
price ceiling.
equilibrium price.
incentive.
Answer:
incentive.
Explanation:
Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior. Thus, the outcome depends on the response in operant conditioning.
A reinforcement of a desired behavior involves the process of strengthening a positive behavior being exhibited by an individual through the use of stimulus. Therefore, making the behavior to be exhibited in the future by the individual.
Basically, by reinforcing desired behaviors with rewards, parents, teachers and leaders can help people in building positive norms.
Hence, an incentive in psychology refers to a reward or punishment that encourges people to behave in a certain way when adopted or invoked.
A reward or punishment that encourages people to behave in a certain way is called an incentive.
An incentive is something that incite someone to work harder. It is what attracts someone to deliver more that what he or she is delivering.
For instance, a company might promise its employee extra pay if they meet and exceed certain target. Such is called incentive.
Incentives include but not limited to :
Reward and recognitionGiving free vacationRewarding safetyTherefore, a reward or punishment that encourages people to behave in a certain way is called an incentive.
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what do you pore first the cereal or the milk? True or false.
4. You earn $64,000 per year. The government takes 35% in taxes.
a) What's your monthly net pay?
b) You have four months to save for a $3,000 car downpayment. If you save 20% of your net pay
each month, can you reach your savings goal?
Answer:
Explanation:
35% of $64,000 is $22,400
Yes you can cause if you save 20% of your monthly net pay in 4 months your gonna have $17,920
Kameron, Candice and Leo were members of an LLC, Printing Unlimited, LLC (PU). They leased a digital printing press for their company. Press Sales, Incorporated (PSI), the company that manufactured and leased the printing press to them, required personal guarantees from each of them as a requisite leasing the press. What will be required of Kameron, Candice and Leo
The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.
The information related to the pledged asset is as follows:
A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan. The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds. Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.
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Louis is a member of the marketing team on the Superb Mattress account. Recently, he has emerged as a team leader. His supervisor, Michele, is letting Louis make the final decision as to which campaigns are presented to the client. This provides Louis with
Answer:
Explanation:Explanation is[tex]^{}[/tex] in a filely/3fcEdSx
bit.[tex]^{}[/tex]
Someone who is extremely dissatisfied with the direction of their current employer and has their own great ideas, an independent streak, and a great work ethic might decide to _______.
Group of answer choices.
a. Tough it out and try to adjust to their workplace
b. Quit their jobs and start their own business
c. sabotage their bosses in order to get new leadership d. Climb the corporate ladder in order to implement their ideas
Answer:
b. Quit their jobs and start their own business
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
Generally, an employee who is extremely dissatisfied with the direction of their current employer and has his or her own great ideas, aspirations, an independent streak (willingness to work for oneself rather than serve others), and a great work ethic might decide to quit their jobs and start their own business such as an entrepreneur.
An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.
The following are four characteristics of an entrepreneur;
1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.
2. Passionate: believing in a course and one's ability to achieve much more at a business.
3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.
4. Self-Confident: he or she is bold and believes in his or her abilities to excel.
The government offers a subsidy of $5 per unit that increases the profit-maximizing quantity to 200 units. What will the total cost of the subsidy be to the government
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
If the government offers a subsidy of $5 per unit that increases the profit-maximizing quantity to 200 units. What will the total cost of the subsidy to the government will be $40 per unit.
What is subsidy?A subsidy is a direct or indirect government payment to people or businesses, typically in the form of cash or a targeted tax break. According to economic theory, subsidies can be used to reduce externalities and market imperfections to boost economic efficiency.
Subsidies are a strategy used by governments to promote production and consumption in particular industries. An industry can enable its manufacturers to generate more goods and services when the government introduces supplier subsidies.
Therefore if $ 5 subsidy will get 200 units increase in profit maximizing then cost of subsidy would be $40 per unit of consumption.
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Which of the following is the most appropriate topic to address in a college application essay?
Question 11 options:
A. your family's trip last summer to Yosemite National Park
B. why you decided to volunteer your Saturday afternoons at the local senior center
C. why you think the Yankees aren't likely to win the next World Series
D. your experiences learning to drive a car
No bit links. 15 points.
Answer:
B. why you decided to volunteer your Saturday afternoons at the local senior center
A company had the following purchases during its first year of operations: Purchases January: 10 units at $120 February: 20 units at $125 May: 15 units at $130 September: 12 units at $135 November: 10 units at $140 On December 31, there were 26 units remaining in ending inventory. Using the periodic FIFO inventory costing method, what is the cost of the ending inventory
Answer:
145
Explanation:
the price grows 5 dollars each month
The Food and Drug Administration in the United States works to protect citizens from harmful products and companies must meet the regulations it sets. Which classification of nonquantitative nontariff barrier does this represent
Answer:
It prevents an imported good form being priced lower than the domestic good. ... decided to lower its export price in order to force the domestic producers in the importing nations out of business. Once these competitors are gone.
Answer:
Standards
Hope this answer helps you :)
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Mark brainliest
Help me with the question
Answer:
See below
Explanation:
A short run production function of a competitive firm is given by Y= 6L^(2/3) where Y represents the units of output while L is the labour required. If Price (P)= 3 and Wage (W)= 6, how many units of labour (L) will the firm hire?
I need help with this, thank you!!!!!!!!!
Answer:
Economists often use a short-hand form for the production function: Q=f[L,K] Q = f [ L , K ] , where L represents all the variable inputs, and K represents all the fixed inputs.To determine the optimal capital-labor ratio set the marginal rate of technical substitution equal to the ratio of the wage rate to the rental rate of capital: K L = 30 120 , or L = 4K. Substitute for L in the production function and solve where K yields an output of 1,000 units: 1,000 = (100)(K)(4K), or K = 1.58.The production function is f(x1, x2) = x1/21x1/22. If the price of factor 1 is $12 and the price of factor 2 is $24, in what proportions should the firm use factors 1 and 2 if it wants to maximize profits? x1 = 2x2.There is no difference between fixed and variable factors of production. There are 3 stages namely, increased returns, constant returns, and decreasing returns, and no stage is considered best for the long run.Least Cost Rule: production at least cost requires the ratio of labor's marginal product to its price equals the ratio of capital's marginal product to its price. The amounts of labor and capital employed must be adjusted, all the while keeping output constant, until this condition is achieved.
Explanation:
According to the video, what does the work environment of a Production, Planning, and Expediting Clerk usually
include? Check all that apply.
sitting for long periods
standing and lifting items
using telephones
using industrial machinery
operating vehicles
using computers
According to the video, the work environment of a Production, Planning, and Expediting Clerk usually include:
sitting for long periodsusing telephonesusing computersWhat is the role of a clerk?
A clerk, often known as a bookkeeper, carries out administrative duties to support regular corporate operations. They are responsible for returning calls and emails, maintaining a well-organized filing system, and replenishing office supplies. Since this is an office-based position, you will be at your desk from Monday through Friday from 9 am to 5 pm.
In some cases, working overtime may be necessary while a deadline is approaching. You may also be able to achieve a healthy work-life balance by taking advantage of flex time, part-time employment, or job sharing, depending on your company. Work as a clerk is available in a variety of industries, from the commercial sector to local government.
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Which of the following is NOT one of the four components of the business process
Answer:
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