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3 years ago

Calculating the price elasticity of supply.

Business

1 answer:

alekssr [168]3 years ago

5 0

Answer:

Explanation:

W1= 30 W2 =50

Q1 = 6 Q2 = 16

Elasticity of supply = (16-6) / (50-30) * (50+30) / (6+16)

= (10/20) * (80/22) =80/44= 1.82

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Suppose timothy consumes two goods, soda and chips. the slope of his indifference curve for these two goods reflects:

Ierofanga [76]

Answer: The rate at which he is willing to substitute one good for the other

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$Slope= \frac{Change in x}{Change in y}$

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3 years ago

Wilturner Company incurs $76,000 of labor related directly to the product in the Assembly Department, $25,000 of labor not direc

coldgirl [10]

Answer:

correct option is b) $76,000 and $37,000

Explanation:

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labor not directly related to the product = $25,000

labor for services = $12,000

solution

As here Direct Labor is express as

Direct Labor = Labor related directly to the product ...............1

Direct Labor = $76,000

and

Factory Overhead will be as

Factory Overhead = Labor not directly related to the product + labor for services ,................................2

put here value and we get

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Factory Overhead = $37,000

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3 years ago

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katrin2010 [14]

Answer:

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Based on this, the weighted arithmetic mean price per share is $46.51

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3 years ago