What is a sound recorder used for

Consider a competitive market for which the quantities demanded and supplied (per year) at various prices are given as follows:

kipiarov [429]

Answer and Explanation:

A. Price elasticity of demand

Price(P0) = $80 , Q0 = 20

Price(P1) = $100 , Q1 = 18

Price elasticity of demand =

$\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } } \\\\\frac{\frac{18-20}{\frac{18+20}{2} } }{\frac{100-80}{\frac{100+80}{2} } }\\\\\frac{\frac{-2}{\frac{38}{2} } }{\frac{20}{\frac{180}{2} } }\\\\\frac{\frac{-2}{19} }{\frac{20}{90} } }\\\\-0.47$

Price elasticity of demand = 0.47

B. Price elasticity of supply

Price(P0) = $80 , Q0 = 16

Price(P1) = $100 , Q1 = 18

Price elasticity of supply =

$\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } } \\\\\frac{\frac{18-16}{\frac{18+16}{2} } }{\frac{100-80}{\frac{100+80}{2} } }\\\\\frac{\frac{2}{\frac{34}{2} } }{\frac{20}{\frac{180}{2} } }\\\\\frac{\frac{2}{17} }{\frac{20}{90} } }\\\\0.53$

Price elasticity of supply = 0.53

C. The point , where Demand and supply is equal called equilibrium price

So , $100 is equilibrium price.

D. if market price is less then equilibrium price , it is effective So, shortage (20-16) 4 units

8 0

3 years ago

Which of the following costs is an example of a Selling & Administrative (S&A) cost rather than a product cost? Group of

irakobra [83]

Answer:

The answer is B.

Explanation:

Option B. Wages of sales person are the example of a Selling and Administrative cost. Other examples are rents, distribution cost etc.

Option C is wrong. Wages of production machine operators is a direct wage. It will form part of cost of sales.

Option D is wrong. Insurance on factory equipment cannot be attributable to selling cost.

4 0

3 years ago

Opinion: Should we go back to school?

vovangra [49]

Answer:

yes

Explanation:

i think we should go back to school... wait why do you need us to tell you.

8 0

3 years ago

Read 2 more answers

Planning and Writing Persuasive Requests In a business environment, persuasion is critical to success. Persuasion is necessary w

Fittoniya [83]

Answer:

All of these alternatives are correct:

C. Explains logically and concisely the purpose of the request

D. Establishes credibility.

E. Proves the merits of your proposal

Explanation:

A persuasive request in a work environment can often occur, as this is a communication technique used when you want to convey a message in order to convince others to take specific actions.

Knowing how to develop a persuasive speech is essential for an effective leader, who can influence his subordinates through communication that retains attention, reduces resistance, creates interest and motivation.

For a persuasive message to be effective it must be developed through polite and professional writing, whose objectives are explicit and the reasons for the request are logical and demonstrate credibility. It is necessary to add to the persuasive message elements that justify the proposal and generate feelings of identification, emotion and reason, to create interest and to be able to persuade the audience and achieve the objectives.

7 0

3 years ago

Linda is the director of HR at Colette Value Inc., a large tax-preparation firm. The firm faces a dearth of tax preparers every

muminat

Answer:

The correct answer is letter "D": Face-to-face interviews with finalists.

Explanation:

As Linda does not want to limit her hiring decision, she should let the employment agency to be in charge of the recruiting process but intervene in the face-to-face interviews with the finalists. In such a way, she will make sure that the agency is screening the correct applicants, and Linda, eventually, will have the final decision in the selection process.

3 0

4 years ago