Design thinking is a problem solving protocol that any buisness or profession can employ to achieve big results
Answer:
Simple rate of return = 17.7%
Explanation:
Simple rate of return = incremental operating income ÷ initial investment
Depreciation = $468,000 ÷ 6years = $78,000
incremental operating income = $161,000-$78,000 =$83,000
Simple rate of return = $83,000÷$468,000=17.7%
The value of baby sitting services when the baby sitter is paid in cash and the transaction isn't reported to the government
Explanation:
Some of the values and the transactions are not added to the GDP and there are many off the book activities which are not included in the GDP and one such activity is baby sitting
In the US many people get paid off for baby sitting and the money that they are paid are not added to the economy and it does not account the enjoyment of the people and the loses that incur during the loss of enjoyment of the people
The daily price elasticity of supply is 0.1.
<h3>
What is the price elasticity of supply?</h3>
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
Percentage change in quantity supplied = (210,000 / 200,000) - 1 = 5%
Percentage change in price = ($7.50 / $5) - 1 = 50%
Price elasticity of supply = 5%/50% = 0.1
Please find attached the required table. To learn more about price elasticity, please check: brainly.com/question/18850846
The expected higher inflation happened. However, people don't want an inflation because prices on products would increase. <span>Most probably the people would ask for a salary increase in this event to cope up with the changes in the marketplace.</span>
