Answer:
My advice to the manager is to set the tichet price as close as possible to the point where the price elasticity of demand equals 1
Explanation:
The PED shows the responsivenes of the quantity of a good or service to a change in its price when nothing changes but the price.
Is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.
Answer:
C) the demand curve for a college education has shifted rightward
Explanation:
If college enrollment has also increased, it means the demand for college education has increased. The demand curve for a college education has shifted rightward.
I hope my answer helps you
Answer:
$310,500
Explanation:
The first step is to calculste the increase in account payable
= ending amount-beginning balance
= $29,000-$11,500
= $17,500
Decrease in account receivable
= $21,000-$18,000
= $3,000
Therefore the cash flow can be calculated as follows
= $290,000 + $17,500 + $3000
= $310,500
I think its B if not B than C most likely
The correct option is A.
Feedback refers to the receiver's response to the message he has received. The receiver may have to write the response down and send it to the sender who read it and interpret the message; thus repeating the whole process of communication again.