1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natima [27]
1 year ago
6

The price elasticity of supply is0.9 ​, and price increases by10 percent. As a​ result, the quantity supplied will increase by

Business
1 answer:
Darya [45]1 year ago
6 0

When price increases by 10 percent, the quantity supplied increases by nine percent.

<h3>What is the percentage increase in the quantity supplied?</h3>

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good. Price and quantity supplied have a positive relationship.

If the value of the price elasticity of supply is less than one, it means that supply in inelastic. Supply is inelastic if a small change in price has little or no effect on quantity supplied.

Price elasticity of supply = percentage change in quantity supplied / percentage change in price

percentage change in quantity supplied = percentage change in price X price elasticity of supply

0.9 x 10 = 9%

To learn more about supply elasticity, please check: brainly.com/question/26634801

#SPJ1

You might be interested in
Tolerance and trust at work place practice<br><br><br>​
rjkz [21]
What’s the question u need help with?
4 0
2 years ago
According to McClelland's research, the need for achievement is
Pepsi [2]

Answer:

the need that drives a person to work and even struggle for the objective that he wants to achieve

Explanation:

4 0
2 years ago
Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000
Cloud [144]

Answer:

Cash flow from operating activities 284,500

Explanation:

net income                                    270,000

change in AR

17,000- 9,500  =           7,500(A)

change in AP

28,000 - 21,000 =        7.,000(B)

total change in working capital        14,500

Cash flow from operating activities 284,500

(A)

The account receivable decrease over time this means the account were collected, whch increase cash

(B)

The account payable increase, which means the company receive cash or delay the payment of cash for this period of time. Therefore, the cash increase.

3 0
3 years ago
What is the most common offline way to collect employee feedback
makkiz [27]

Answer:Employee Meetings

3 0
3 years ago
When the price level in the united states falls relative to theprice level of other countries, ________ will fall, ________ will
Rufina [12.5K]
When the price level in the United States fall relative to the price level of other countries, IMPORTS will fall, EXPORTS will rise and NET EXPORTS will rise. 
When the price level of the United state is lower than that of another country, the amount of goods that will be brought from another country into US will be reduced while the amount of goods that US send to other countries will increase.
6 0
3 years ago
Other questions:
  • When Arturo Gomez opened his Mexican restaurant in a fashionable suburb of Kansas City, he believed that the most important elem
    6·1 answer
  • A florist who has been in business for several years finds himself facing several problems simultaneously. First, he has a large
    11·1 answer
  • erest rate parity holds. The U.S. interest rate is 13 percent and the British interest rate is 10 percent. The forward rate on B
    11·1 answer
  • Ford Corporation is pulling together its direct labor budget for the next two months. Each unit of output requires 0.05 direct l
    7·1 answer
  • The charter of Vista West Corporation specifies that it is authorized to issue 214,000 shares of common stock. Since the company
    12·1 answer
  • Executive headhunters have approached Charles about taking the position of senior vice president of marketing for a well-known c
    15·1 answer
  • Application of science and research the human life environments
    7·2 answers
  • What are creative products example flying water bottle
    7·1 answer
  • The most common type of two-year college is called a(n):
    10·1 answer
  • Breastfeeding support in the workplace: The relationships among breastfeeding support, work-life balance, and job satisfaction.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!