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bearhunter [10]
3 years ago
8

If the percentage change in the quantity of teapots demanded is greater than the percentage change in the price of teapots, then

: A) the price elasticity of demand for teapots is greater than 1 in absolute value. B) the demand for teapots is unit-elastic. C) the price elasticity of demand for teapots is equal to zero. D) the price elasticity of demand for teapots is less than 1 in absolute value.
Business
1 answer:
nalin [4]3 years ago
4 0

Answer:

The correct answer is option A.

Explanation:

The price elasticity of demand is the measurement of responsiveness of demand for a commodity to change in its price level.

The price elasticity is derived by the ratio of change in quantity to change in price.

If the change in the quantity demanded of the commodity is greater than the change in its price, in that case the price elasticity of demand will be greater than 1 in absolute value.

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The cost method that will yield the highest taxable income during times of inflation is the a.weighted average inventory cost me
vichka [17]

Answer:

The answer is B.

Explanation:

FIFO inventory cost method will yield the highest taxable income during times of inflation or period of rising price.

FIFO is First in First out i.e the inventory that was purchase first will go out first. This method reflects the current market price because last inventories bought during inflation are part of the ending inventories. Ending inventories are high, cost of sales are low and gross profit is high.

Because gross profit is high, high tax will be charged

8 0
3 years ago
A practice in which eavesdroppers drive by buildings or park outside and try to intercept wireless network traffic is referred t
REY [17]

The practice of "wardriving" involves a hacker driving around and using technology to find insecure wireless networks, possibly including ones in your house.

<h3>How could potential victims protect themselves again such an offence?</h3>

The hacker could have access to that network, obtain private information, steal identities, or carry out other nefarious deeds. Are you in danger? It partly relies on how secure your home network is. It makes sense to take precautions against wardrivers for your network, devices, and data.

Wardriving is the process of using hardware and software to find unsecured wireless networks with the goal of potentially gaining access to them. To crack passwords and decode networks, software programs are required. A mobile device like a wireless laptop, a GPS system, and a wireless network are examples of hardware.

Learn more about wardriving, here:

brainly.com/question/13697151

#SPJ1

8 0
1 year ago
Gather secondary data by reading what others have experienced and observed. You should begin nearly every research project by re
STatiana [176]

Answer:

C. Periodicals

Explanation:

In this case the most recommended source for use would be the periodicals.

Periodical publications are scientific publications made in electronic or on paper that address different topics and are published at regular intervals. So this would be a good source to enrich a research project with up-to-date information on the subject that you want to collect information about.

5 0
3 years ago
Jamarcus, a full-time student, earned $3,700 this year from a summer job. He had no other income this year and will have zero fe
eimsori [14]

Answer:

C. Jamarcus is not required to file an income tax return because his gross income of $3,700 is well below the gross income threshold for a single taxpayer. However, he should file a taxreturn to receive a refund of the $481 previously withheld.

Explanation:

since Jamarcus income is %3700 and is below the gross income threshold for a single taxpayer so he should file a tax return to receive a refund of $481.

4 0
3 years ago
Problem 5-35 Comparing Cash Flow Streams [LO 1] You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They
Minchanka [31]

Answer:

PV of 1st option = $185,015.50

PV of 2nd option = $192,683.78

Explanation:

Computing the present value of the monthly payments, we use the formula PV = \frac{A(1-(1+r)^{-n}) }{r}

Where PV = present value of the monthly payments

A = monthly salary

r = monthly interest rate = 6%/12 = 0.5% = 0.005

n = number of months = 24 months

PV of the 1st option, $8,200 monthly for the next 2 year

PV = \frac{8,200(1-(1.005)^{-24}) }{0.005} = $185,015.50.

PV of the 2ns option, $6,900 monthly + $37,000 signing bonus

PV = \frac{6,900(1-(1.005)^{-24}) }{0.005}+37,000 = $155,683.78 + $37,000 = $192,683.78.

7 0
3 years ago
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