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Musya8 [376]
2 years ago
9

The basic formula for the price elasticity of demand coefficient is.

Business
1 answer:
Kitty [74]2 years ago
4 0

Percentage change in quantity demanded/percentage change in price is the basic formula for the price elasticity of demand coefficient.

<h3 /><h3>What is price elasticity?</h3>

Price elasticity is the degree of an individual that person or a consumer can pay to the change in the price of the commodity, it is calculated the price a consumer is willing to pay versus the amount of quantity supplied to the person.

Thus, Percentage change in quantity demanded/percentage change in price

For more details about Price elasticity, click here:

brainly.com/question/13565779

#SPJ1

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Venezuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issu
Ira Lisetskai [31]

Answer:

$4.67 per share

Explanation:

The computation of the diluted earning per share is shown below:

= (Total income - preference dividends) ÷ ( outstanding shares + diluted shares)

where,

Total income is $50,000

Outstanding shares is 10,000

And, the diluted shares is

Amount paid towards shares = Options issued × Exercise price per share

= 1,000 × 6

= $6,000

And,

Value of options = Amount paid towards shares ÷ Current market price

= $6,000 ÷ $20

= 300

So,

Diluted shares is

= Options issued - value of options

= 1,000 - 300

= 700

So Diluted Earnings per share is

= ($50,000) ÷ (10,000 + 700)

= $4.67 per share

We simply applied the above formula

3 0
3 years ago
Suppose there are 100 workers in the economy in which all workers must choose to work a risky or a safe job. Worker 1's reservat
Amiraneli [1.4K]

Answer:

<em>The solution is explained in the explanation section below</em>

Explanation:

Solution:

(a) <em>In the economy there exist 100 workers. the wage of reservation to take risky job for worker 1 is $1 and $2 for worker -2. only 10 jobs is seen as risky.</em>

<em>The curve of supply is shown as upward which starts from 1, because the price of reservation for the first worker is 1 and 2 is for the second worker and it keeps going on like that.</em>

<em>The demand curve is seen as elastic in a perfect form, due to the fact that there are only 10 risky jobs.</em>

<em>The 10th worker price is $10, because is wage differential is $10</em>

<em>(b) The worker's altitude towards taking risky jobs has changed, because of the advertisement. the wage reservation is -10$ for the first worker and -$9 for the second worker.</em>

<em>Th jobs seen as risky is available are only 10</em>

<em>However, as a result of the campaign advertisement, the curve of supply moves down and the market equilibrium gets is gotten when the wage differential is -$1. most people on the daily basis dislike risk, but the market determines those risky jobs that will pay less than the safe ones. </em>

3 0
3 years ago
Country Club Center sells season memberships for $100 each. Prior to May 1, 2017, 60 season memberships were sold. The season ru
Vlada [557]

Answer:

$1,500

Explanation:

Since the season lasts 4 months, the membership fees must be recognized over the whole 4 month period, that means that the club must recognize $100 / 4 = $25 per month per membership sold.

The company sold 60 season memberships, so it must recognize 60 x $25 = $1,500 in revenues.

6 0
3 years ago
In his presentation to his co-workers, Kyle encouraged his colleagues to reach their highest potential and take pride in their w
Contact [7]

Answer:

Self actualization need

Explanation:

Since Kyle encouraged his colleagues to do <u>reach their highest potential</u> and take pride in their work. According to Maslow's hierarchy, Kyle appeal to self actualization need

Maslow defined self-actualization to be "the desire for self-fulfillment, namely the tendency for an individual to become actualized in what he is <u>potentially</u>. This tendency might be phrased as the desire to become more and more what one is, to <u>become everything that one is capable of becoming</u>."  

The underlined statements in kyle's speech and the definition, are of the same meaning

6 0
3 years ago
Jamestown Supply is trying to decide whether to lease or buy some new equipment. The equipment costs $72,000, has a 4-year life,
DochEvi [55]

Answer:

$15,708

Explanation:

Calculation to determine What is the amount of the aftertax lease payment

Using this formula

Aftertax lease payment=Leased equipment(1-Tax rate)

Let plug in the formula

Aftertax lease payment = $23,800 (1 - 0.34)

Aftertax lease payment=$23,800(.66)

Aftertax lease payment = $15,708

Therefore the amount of the aftertax lease payment is $15,708

3 0
3 years ago
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