How can education programs make the economy more productive?

If a 30% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for

Aleks04 [339]

Answer:

The correct answer is: Zero, Option c.

Explanation:

The price elasticity of demand shows the change in the quantity demanded of a commodity due to a change in the price of the commodity.

The cross-price elasticity is the change in the quantity demanded of a product because of a change in the price of related good.

The cross-price elasticity is calculated by finding the ratio of proportionate change in quantity demanded and proportionate change in price.

Cross-price elasticity in this situation will be

= $\frac{\% \Delta Qy}{\% \Delta Px}$

= $\frac{0}{30}$

= 0

The cross-price elasticity is zero. This implies that the two goods have no relation.

5 0

4 years ago

Heidi Ganahl's account of how she founded Camp Bow Wow through great adversity is best characterized as a(n):

Tasya [4]

Answer:

organizational story

Explanation:

Heidi Ganahl -

She is a very famous author , businesswomen and entrepreneur , the very founder of the Camp Bow Wow , which is a franchise for pet care.

Heidi Ganahl is characterised as an organizational story for her franchise Camp Bow Wow , where the people working in the camp Bow Wow all listen to the inspirational stories of her life , and feel motivated to do the same .

Hence , from the given information of the question,

The correct term is organizational story .

6 0

4 years ago

There are two shoe stores in a small town. Store a is selling a pair of running shoes for $ 39.50. If it costs Store a $ 40 to o

AnnyKZ [126]

There are two shoe stores in a small town. Store a is selling a pair of running shoes for $ 39.50. If it costs Store a $ 40 to order this pair of shoesfrom the factory, then Store A is practicing predatory pricing.
This store is most likely selling running shoes below the cost of production to drive the other shoe<span>store out of business or at least to discourage them from selling the same running shoe.</span>

8 0

4 years ago

Zuo Software categorizes its accounts receivable into four age groups for purposes of estimating its allowance for uncollectible

vodka [1.7K]

Answer:

1. Appropriate balance for Zuo’s allowance for uncollectible accounts at 12/31/2021 is $39,163

Account titles Debit ($) Credit ($)

Bad debt expense $15,763

Allowance for uncollectible amount $15,763

3. Net Account Receivables = $545,937

Explanation:

Accounts not yet due = $450,000; estimated uncollectible = 5%.

Accounts 1–30 days past due = $56,300; estimated uncollectible = 9%.

Accounts 31–90 days past due = $45,000; estimated uncollectible = 13%

Accounts more than 90 days past due = $33,800; estimated uncollectible = 17%

1. Calculation of estimated collectible amount

Dollar value Percent Uncollectible Amount Uncollectible

$450,000 5% $ 22,500

$56,300 9% $ 5,067

$45,000 13% $ 5,850

$33,800 17% $ 5,746

Appropriate balance for Zuo’s allowance for uncollectible accounts at 12/31/2021 = $22,500 + $5,067 + $5,850 + $5,746 = $39,163

2. Account titles Debit ($) Credit ($)

Bad debt expense $15,763

Allowance for uncollectible amount $15,763

Adjusting entry = $39,163 - $23,400 = $15,763

3). Net account receivable balance on 12/31/2021:

Accounts receivables total = $585,100

Less: Allowance for uncollectible account = $39,163

Net Account Receivables = $545,937

6 0

3 years ago

Estella is trying to create an advertising message that communicates the tangible features of her company's laptop computers, te

nirvana33 [79]

Answer:

The correct answer is b) informational

Explanation:

The informational appear allows to show and explain detailly to customer the features and benefits that a product can gives. It is used to persuade the customer to purshase a specific product or service.

8 0

4 years ago