Answer:
b. 2.6
Explanation:
Price elasticity of demand measures how much quantity demanded changes in response to a change in price. The Midpoint Method uses the average percent change in both quantity and price.
The formula for calculating midpoint elasticity of demand is a below
PED=(Q2−Q1)÷(Q2+Q1)/2
(P2−P1)÷(P2+P1)/2
Where Q is quantity and P is price
PED=(15000−10000)÷(15000.+10000)/2
(60−70)÷(60+70)2
PED =5,000÷12,500
(10)÷65
PED =0.4
0.154
PED =2.5974
PED =2.6
Answer:
A cover is a job application or document in this case that is submitted with The client's/Your credentials and why your interested in the job opening.
Answer:
The correct answer is option A.
Explanation:
The federal reserve system plays several functions that are crucial for the working of the economy. It regulates the supply of money in the economy. It issues currency and controls the flow of currency in the market.
The federal reserve system also acts as the banker for the government and bankers for commercial banks. It acts as the lender of last resort for commercial banks. It also provides payment clearing systems.
The federal reserve system though does not accept deposits or extend loans to small lenders. The function of accepting deposits and extending loans is played by commercial banks.
The names of the people who were managers for cotton traders were called Crop brokers
Answer:
Explanation:
The statement in the question is not complete and should be the following with each of the answers provided being part of the statement like so,
Management of a close corporation often resembles that of a Partnership , but a corporation must meet the statutory requirements to remain a corporation. Often, shareholders in a close corporation restrict the transferability of shares. If a majority shareholder misappropriates company funds, the normal remedy for the other shareholders is to have their shares appraised to determine value and then receive that value.