Answer: D) inelastic.
Explanation:
To find out the elasticity of the supply of corn, use the Price Elasticity of Supply (PES) formula. The price elasticity of supply shows how much quaintly supplied would change by if there was a change in price.
Price elasticity of supply = Change in quantity supplied / Change in price
= 20% / 30%
= 0.66
When the Price elasticity of supply is less than one, the supply is said to be inelastic. The PES here is less than 1 so corn is inelastic.
Answer:
Amount deductible as a charitable contribution=$175.
Explanation:
Given data:
Cost at which the ticket is purchased=$250
Actual cost of the ticket=$75
Required:
Amount deductible as a charitable contribution=?
Solution:
Any amount above the fair market value/Normal value will be the deductible charitable contribution.
In our case:
Amount deductible as a charitable contribution=Cost at which the ticket is purchased - Actual cost of the ticket.
Amount deductible as a charitable contribution=$250-$75.
Amount deductible as a charitable contribution=$175.
Hello.
The answer is: its on a <span> peninsula.
Its surrended by water so it was easy to trade and it is beside the </span>Tiber and <span>Mediterranean sea. It is also used to get large amounts of lands.
have a nice day</span>