Answer:
The price elasticity of demand for home heating oil is-0.36
Explanation:
In order to calculate the price elasticity of demand for home heating oil we would have to use the following formula:
Elasticity of demand = (dQ/dPhho)*(P/Q)
According to the given data we have the following:
demand for home heating oil in Connecticut=Q = 20 – 2 Phho + 0.5 Png – TEMP
current price of home heating oil=$1.20
current price of natural gas =$2.0
Therefore, if Q = 20 – 2 Phho + 0.5 Png – TEMP, then:
Q=20 – 2*1.2 + .5*2 – 12
Q=6.6
Therefore, price elasticity of demand = (-2)*(1.2/6.6)
price elasticity of demand =-0.36
The price elasticity of demand for home heating oil is-0.36
Answer:
c. Comprehensive income.
Explanation:
According to my research on different investment strategies, I can say that based on the information provided within the question the term being described is called Comprehensive Income. Like mentioned in the question this type of income includes all changes in equity during a period except those resulting from investments by owners of the stocks and distributions to those owners (dividends).
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The answer is B.) Mutual Funds on PLATO (:
Explanation:
Answer:
C. 7.18%
Explanation:
Formula for calculating growth rate
= (Current amount/initial amount) ^ 1/n - 1
Given that
Initial amount = 15000
Current amount = 60000
n = 20
Therefore,
Growth rate = (60000/15000)^1/20 - 1
= (4)^1/20 - 1
= 1.07177 - 1
= 0.07177
To percentage we multiply by 100
So,
= 0.07177 × 100
= 7.177%
Approximately
= 7.18%
Answer:
inventory turnover = $15.879
Explanation:
given data
Net Revenue = $27,500
Cost of sales = $19,690
Inventory = $1,240
Total assets = $17,990
assets invested = 8%
to find out
Baker's inventory turnover
solution
we will apply here formula for inventory turnover that is express as
inventory turnover = 
..........................1
put here value we get
inventory turnover = 
inventory turnover = $15.879
