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PtichkaEL [24]
3 years ago
13

If demand is unitary elastic, a reduction in price leaves total revenue unchanged because:

Business
1 answer:
Tomtit [17]3 years ago
3 0

Answer: The percentage changes in quantity demanded and price are the same.

Explanation: Unitary elastic demand for a good implies that as price of a good changes its demand also changes in the same proportion leaving total revenue unchanged.

Thus, a reduction in price will be accompanies by an equal percentage increases in the quantity demanded.

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As secretary of state, Hillary Clinton wanted to change the behavior of nations. Her bid for president of the United States in 2
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Answer:

Power

Explanation: Hillary Clinton was the former secretary of State in United States of America, she was born October 24,1947. She is a diplomat,lawyer, politician and wife of the former president Bill Clinton. During her days as the first lady of the United States of America she worked and advocate for the health of the ordinary people through seeking health reforms.in 2006, she wanted to become the president of the United States of America and lead other countries and nations with Power.

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During the month of April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing
Andru [333]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

During April, direct labor cost totaled $15,000 and direct labor cost was 30% of prime cost. If total manufacturing costs during April were $79,000.

Manufacturing cost= direct material + direct labor + manufacturing overhead

Prime cost= direct material + direct labor

50,000= DM + 15,000

Direct material= 35,000

79,000= 35,000 + 15,000 + manufacturing overhead

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8 0
3 years ago
A firm is considering a project requiring an investment of $30,000. The project would generate an annual cash flow of $7,251 for
Nina [5.8K]

Answer:

c.12%

Explanation:

PVF of  12% for 6 years is 4.11

PVFof 11% for 6 years is 4.23

Present value of cash inflows, 12% = 7251*4.11

Present value of cash inflows, 12% = 29801.61

Present value of cash inflows, 11% = 7251*4.23

Present value of cash inflows, 11% = 30671.73

Internal rate of return = 11% + (30671.73 - 30000)/(30671.73-29801.61)

Internal rate of return = 11.7719969659%

Internal rate of return = 11.772%

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She should use, graphics software to create the logo.

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3 years ago
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