Answer:
price increases and Ed equals -2.47
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is inelastic if a change in price has little or no effect on quantity demanded. The absolute value of the coefficient for inelastic demand is less than 1.
If price increases and demand is inelastic, total revenue would increase because there would-be little or no change in quantity demanded as a result of the price increase.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
The absolute value of the coefficient for elastic demand is greater than 1.
If demand is elastic and price is increased, revenue would fall because of the decease in quantity demanded.
If demand is elastic and price is deceased, revenue would rise because of the increase in Quanitity demanded as a result of the fall in price.
Demand is unit elastic if a change in price has the same proportional effect on quantity demanded. The absolute value of the coefficient for unit elastic demand is one.
I hope my answer helps you
When there are differences between the cash balance per bank and the cash balance per book, this is due to the Bank reconciliation statement.
The key difference between cash book balance and bank statement balance is that cash book balance shows the cash balance recorded in a company's cash book while bank statement balance is the cash balance recorded by the bank in its bank records. is.
Such fees and charges are charged to the savings cash balance book, but no entry is made in the cash book unless the company receives the savings book from the bank and records these entries. This creates a difference between the two balances.
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Answer:
The correct answer is: a positive correlation.
Explanation:
Correlation can say something about the relationship between variables. It is used to understand:
1. If the relationship is positive or negative
2. The strength of the relationship.
Correlation is a powerful tool that provides vital pieces of information.
In the case of family income and family spending, it is easy to see that both rise or fall together in the same direction. This is called a positive correlation.
In the case of price and demand, the change occurs in the opposite direction, so that the increase in one is accompanied by a decrease in the other. This is known as a negative correlation.
Answer: 28.57%
Explanation:
Average return given the variables will be;

Average rate of return = 
Average rate of return = 1,000,000/3,500,000
Average rate of return = 28.57%
Answer:
a
Explanation:
because they went with someone less qualified