This answer the question ok
Answer:
b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.
Explanation:
Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:
= 
= % Change in Quantity Demanded / % Change in Price
So when absolute value is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.
<u>Note</u>: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much is larger than 1. But b is the still the best answer among the options.
Answer:
$15
Explanation:
The computation of the average fixed cost is shown below:
As we know that
Average fixed cost is
= Total fixed cost ÷ Quantity
where,
Total fixed cost is
= Total cost - total variable cost
= $1,200 - $200 × 3
= $1,200 - $600
= $600
And the quantity is 40 products
So, the average fixed cost is
= $600 ÷ 40
= $15
<span>Er macht nicht 1000 Liegestütze pro Tag</span>
Answer:
d. financing activities section
Explanation:
cash investment made by the owner and their withdrawals will be in the financing activities section
On the financing activities, the accounting does a detail ofthe origin of funds which paid for the assets. These funds could be from owners or lenders.
Therefore, the equity transactions are included in the financing activities sections
From the owner point of view, it is an investment. But, we must remember that the owner and te company are different entities. For the company it is financiation
