Answer:
d. 1.25
Explanation:
In a business context, the capacity utilization rate is a value that allows the company know how well they are performing compared to what the recorded optimal levels are. In order to calculate this value we simply divide the current operating level for a specific time-period by the optimal level of that same time period, which in this case would be 1 hour. Therefore, in this case we would divide 500 by 400 which would give us 1.25.
Answer:
inelastic demand
Explanation:
Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:
- when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
- when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
- when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.
In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.
Answer:
6m/s
Explanation:
Given the information :
an object travels 16 metre in 4 seconds and then another 16 metre in 2second.
what is the average speed of the object?
First portion of travel:
Distance = 16 meters
Time = 4 seconds
Second portion:
Distance = 16 meters
Time = 2 seconds
Speed is calculated as the proportion of distance traveled to the time taken.
Speed = distance / time
First portion :
Speed attained
Distance / time = speed
16 meters / 4 seconds = 4m/s
Second portion:
Speed attained
Distance / time = speed
16 meters / 2 seconds = 8m/s
Average speed :
(first portion + second portion) / 2
(4m/s + 8m/s) / 2
12m/s ÷ 2
= 6m/s
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