Answer:
E. Elastic
Explanation:
Unit elastic demand is when the quantity demanded changes by the same percentage that the price does.
Inelastic demand is when the quantity demanded changes less than the price does.
Elastic demand is when an increase in prices causes a bigger percentage fall in demand. It is also when price or other factors have a big effect on the quantity consumers want to buy. In this case; the price rises 20% (50 to 60) and demand falls 50% (100 to 50), so the demand for Coca-Cola is elastic
Answer:
That the mistake resulted from an accidental clerical error and that it would be unconscionable to enforce the contract.
Explanation:
Nicole mistake is a clerical error.
An error is said to be clerical if it's a mistake that changes the meaning of a document after.
Typographical error and unintentional addition or removal of a word, phrase, or figure in the document can count as clerical error.
Mistakes like this should be readily rectified without objection by the court acting sua sponte, on its own, or on the motion of either party.
Answer:
A) Cash (debit) 180,000; Common stock (credit) 150,000; Additional paid-up capital-common stock (credit) 30,000 - Debit - Credit = 0
B) Cash (debit) 255,000; Preferred stock (credit) 250,000; Additional paid-up capital-preferred stock (credit) 5,000 - Debit - Credit = 0
C) Cash (debit) 900,000; Common stock (credit) 600,000; Additional paid-up capital-common stock (credit) 300,000 - Debit - Credit = 0
Explanation:
In Eastport Inc.´s case all 3 situations are similar, shares (Stockholders´Equity) increased, so credits in 4 accounts, according to the type of shares that are issued, must be registered: Common stock, Preferred stock, Additional paid-up capital-common stock, Additional paid-up capital- preferred stock. We will recognize the par value and stated value of the shares and the difference between this and the price paid by shareholders will be recognized as additional paid-up capital. Also, cash (Asset) is received as payment for the shares so a debit must be registered in the account Cash.
Answer:
=80%
Explanation:
The yield ratio shows the efficiency of a selected recruiting method. It is expressed as a percentage of candidates invited for an interview from the recruiting method in review.
In this case, there were 25 applicants. Five were disqualified, meaning 20 were interviewed.
Yield ration of advertisement will be;
20/25 x 100
=0.8 X 100
=80%