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leonid [27]
3 years ago
5

Consider the following demand schedule for bags. Price Quantity ​$99 5252 ​$1111 4848 ​$1313 4040 When the price of bags rises f

rom ​$99 to ​$1111​, the price elasticity of demand is approximately nothing. ​(Calculate using the midpoint​ formula, round your answer to one decimal​ place, and enter a​ "-" if your answer is​ negative.)
Business
1 answer:
omeli [17]3 years ago
4 0

Answer:

PED= "0.1"

Explanation:

The price elasticity of demand indicates how the quantity demanded changes when the price changes. Is defined by this equation:

Price Elasticity of Demand(PED)= Percentage change in Q (Δ%Q)/ Percentage change in P (Δ%P) .

To fine the percentage change in Q and in P we use the midpoint formula:

Δ%Q= q2-q1/(q2+q1/2)

Δ%Q= 4848-5252/(5252+4848/2)

Δ%Q= -404/5050

Δ%Q= -0.08

Δ%P= p2-p1/(p2+p1/2)

Δ%P= 1111-99/(1111+99/2)

Δ%P= 1012/605

Δ%P= 1,672

PED=-0.08/1,672

PED= -0.047

Rounded to one decimal place:

PED= "0.1"

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Stock X has a standard deviation of 25 percent per year and stock Y has a standard deviation of 16 percent per year. The correla
Zanzabum

Answer:

The portfolio standard deviation is 14.82%

Explanation:

The portfolio standard deviation would be calculated by finding out the variance of the portfolio and taking the square root of it.

Variance of the portfolio = [(1 - .50)^{2} x 0.25^{2}] + [0.50^{2} x 0.16^{2}] + [2 x (1 - 0.50) x 0.50 x 0.25 x 0.16 x 0]

= [0.25 x 0.0625] + [0.25 x 0.0256] + [0]

= 0.015625 + 0.0064

VarPort = 0.022025

Std DevPort  = √0.022025

Std DevPort = 0.1482 = 14.82 percent

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4 years ago
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Which of the following factor is a cause for team failure?
Anastaziya [24]

Answer:

Conflicting personalities

6 0
3 years ago
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Andrea has prepared the following list of statements about corporations. Identify whether each statement is true or false.
Afina-wow [57]

Answer:

1.True

2.True

3.True

4.False

5.True

6.False

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8.True

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10.False

5 0
3 years ago
1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sh
vagabundo [1.1K]

There are three main parts of income statements and they are:

  1. Revenue
  2. Expenses
  3. Profit

<h3>What is an Income Statement?</h3>

This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.

Hence, we can see that a sample income statement would be:

BOSKA COMPANY

Income statement for August 29, 2021

NET SALES------------------ $2,000,000

GROSS SALES-------------$500,000

GROSS PROFIT-------------$1,5000,000

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8 0
2 years ago
10. Which of the following factors should be considered when deciding on a career choice? Select
Keith_Richards [23]

Answer:

Explanation:

A career is a type of occupation that is done during a specific period of time. Careers offer a chance for progress. When choosing a career, one should consider the following factors;

1. Job requirements

One should consider the job requirements of that particular career since these requirements always determine how well one will perform in his/her career. The job requirements to be considered are; education level, level of expertise needed, and the experience.

2. Short-term goals

A short term goal is a set of predetermined achievements that one needs to attain usually in a short time frame. A career is an undertaking that is always long-term and therefor needs long-term goals rather than short-term goals.

3. Skills and interests

A skill is a particular set of capabilities that enables one to perform better at a certain job. Some careers need a specific set of skills that if one cannot develop or acquire, then the career undertaking might prove very difficult. An interest is something that you like. It is always advisable to choose a career that you are interested in, since this gives one the passion to pursue it.

4. Ease of job search

The career that you want to pursue should be one that is marketable. Getting a job for a marketable career is much easier than one that is not as marketable. This helps in avoidance of frustrations of failed job searches.

4 0
3 years ago
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