Answer:
A. unit elastic
Explanation:
The price elasticity of supply can be calculated by a formula as below:
+) Price elasticity of supply = Changes in supplied quantity/ Changes in prices <em> = (%ΔQs)/(%ΔP)</em>
When price = $1, the quantity supplied is: Qs = p = 1
When price = $3, the quantity supplied is: Qs = p = 3
So that when price increases from $1 to $3, the quantity supplied changes from 1 to 3.
=> Changes in supplied quantity is: 3 -1 = 2
Changes in price is: $3 - $1 = $2
<em>=> Price elasticity of supply = 2/2 =1 </em>
When the price elasticity of supply is equal exactly to 1, the product is considered to be <em>unit - elastic. </em>
<em>So that A is the true answer.</em>
Answer:
The total number of equivalent units for materials during the period is $55,000
Explanation:
The computation of the total number of equivalent units for materials during the period is shown below:
= Completed and transferred out units + ending work in progress units
= 50,000 units + 5,000 units
= 55,000 units
We simply added the Completed and transferred out units and the ending work in progress units to compute the equivalent units for materials
Answer
Net income = 2.170.000
Loss from operations of discountinued component = -3.600.000
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
If Maria plans to invest $800 in 2 years in an account that has an expected return of 7.48% per year and Jojo plans to invest $1100 in 5 years in an account that has an expected return of 4.51% per year, then Jojo will have more money at the end of 11 years.
<h3>What is the significance of investment?</h3>
An investment can be referred to or considered as a type of monetary engagement wherein a person gets interest as his return throughout the time of engagement.
Using the given information, it can be ascertained that Maria will have $1765.25 at the end of 11 years, but Jojo will have $1,787.02 at the end of 11 years.
Therefore, the significance regarding investment has been aforementioned.
Learn more about investment here:
brainly.com/question/7011437
#SPJ4