Answer:
B. gives the same answer regardless of the direction of change
Explanation:
The computation of the price elasticity of demand using mid point formula is shown below:
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)
where,
Percentage change in quantity demanded is
= (change in quantity demanded ÷ average of quantity demanded)
And,
The percentage change in price is
= (percentage change in price ÷ average of price)
Therefore, it reflects the same answer
Your answer would be mental health counselor.
Hope it helps!
Answer: $428,000
Explanation:
Given that,
Accounts payable = $62,000
Accounts receivable = 100,000
Cash = 30,000
Inventory = 138,000
Land = 160,000
Common Stock = 200,000
Revenue = 80,000
Dividends = 56,000
Expenses = 40,000
Total assets = Accounts receivable + Cash + Inventory + Land
= 100,000 + 30,000 + 138,000 + 160,000
= $428,000
Work refers to any useful activity.
