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-Warning2
Price Elasticity of Supply. The price elasticity of supply is calculated as the percentage change in quantity divided by the percentage change in price.
Using the Midpoint Method
PES = ((Q2-Q1) / ((Q2 + Q1) / 2)) / ((P2-P1) / ((P2 + P1) / 2))
PES = (((10) - (7)) / (((10) + (7)) / 2)) / (((50) - (40)) / (((50) + (40)) / 2))
PES = 1.59
the elasticity of beth's labor supply between the wages of $ 40 and $ 50 per hour is approximately 1.59
In this case, to 1% rise in price causes an increase in quantity supplied of 1.59%
answer:
the elasticity of beth's labor supply between the wages of $ 40 and $ 50 per hour is approximately 1.59
In this case, to 1% rise in price causes an increase in quantity supplied of 1.59%
Ignoring some safety regulations in order save $1 Million per day. The amount that those violations end up costing the company is $100 Billion.
<h3>What is safety regulation?</h3>
Safety regulation can be defined as a set of rules and regulation that an employees are mandated to follow so as to prevent work hazard.
Based on the given scenario ignoring the safety regulation so as to save $1 million per day will cost the company $100 Billion.
Which is why companies made it compulsory for employees to follow the saftey standard set so as to ensures that employees work in a safe and conducive environment .
Inconclusion the amount that those violations end up costing the company is $100 Billion.
Learn more about Safety regulation here:brainly.com/question/8430576
Answer:
a practice that may have longer term implications on the ethics of personal privacy
Explanation:
Cookies are a tool that is used on websites to identify user browser history.
The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.
Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.
Cookies save information about a user session by storing data like usernames.
There is a long term danger of having one's browsing history tracked without their consent
Answer:
The correct asnwer is $-214 billion.
Explanation:
A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.
As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.
This means that China would be facing a deficit.
A defit means that more money comes out of our company's account than it enters.
Which causes China to have a<u> negative balance account.</u>