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svetlana [45]
2 years ago
9

when the percentage change in the price is greater htan the resulting percentage change in quantity demanded,

Business
1 answer:
Oliga [24]2 years ago
7 0
The price elasticity of supply is given by a similar formula: If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be price elastic, or very responsive to price changes.
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Answer:

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Explanation:

The computation of the price earning ratio is shown below:

P/E Ratio is

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Hence, the price earning ratio is 8.33

8 0
3 years ago
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3 years ago
Ms. Claggett is sixty-six (66) years old. She has been covered under Original Medicare for the last six years due to her disabil
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<h3>What is Part D plan?</h3>

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Based on the scenario you should tell her that  Part D Initial Enrollment Period start  3 months prior and 3 months after the month when a beneficiary  of the plan meets the eligibility or necessary requirements for Part B plan.

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Learn more about Part D plan here:brainly.com/question/24324023

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3 0
2 years ago
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<span>The cross-price elasticity of demand between salt and pepper is -0.50 In this example salt and pepper are Complements. Instead, suppose salt and pepper were substitutes. If so, the the cross-price elasticity of demand between salt and peeper would be positive.</span>
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Benefits Offered "Must-Haves":
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