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melisa1 [442]
3 years ago
8

When will the wages per hour go up to 11.00 dollars per hour in 2017?

Business
1 answer:
Andrej [43]3 years ago
8 0
July 1st I would say
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Answer:

D. a 10 percent decrease in the average price of a lift ticket.

Explanation:

When Price elasticity is greater than 1, that suggests that the demand for that particular good or service is highly responsive to price or is price-sensitive . Furthermore, If price elasticity is greater than 1 then an increase in price will cause revenue to decrease.

Applying the above-stated principle to the given scenario, it has been stated that 'The estimated price elasticity of demand is 1.5.' implying that the demand for downhill ski is highly sensitive and responsive to changes in price.

Therefore, the only logical economic strategy to improve revenues will be to decrease price so that revenue can increase.

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3 years ago
To an economist, an increase in demand means the same thing as an increase in quantity demanded.
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<span>This is false. An increase in demand is more major than an increase in quantity demanded. Quantity demand refers to the demand of a product at a particular price and is only a movement on the demand curve. An increase in demand would cause the demand curve to shift which is more major than a movement and it encompasses the entire relationship between price and demand.</span>
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The list provided by the International Trade Administration to a potential exporter with the names and addresses of potential di
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The provision of best prospects list offers firsthand information to potential traders about available and certified markets and distributor information which could facilitate ease of trading.

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2 years ago
You’ve just secured a new client in your accounting practice, Peter's Pool Corporation (PPC), a brand new small business special
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Answer: just give what u know the business is small so it can’t manage

Explanation:

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A delivery of packaged frozen vegetables should be rejected if
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If the temperature of chilled food deliveries is less than or equal to +5°C and frozen food is not greater than –18°C. Food which is delivered at the wrong temperature must be rejected, i hope this helped!
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