1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ladessa [460]
3 years ago
6

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

You might be interested in
When output increases, the PPC of the economy __________ , indicating ________in the economy.
AysviL [449]
The answers to the question are "shift outward" and "growth" based on the blank sentence above. The Production Planning Curve is a graph which shows the effectivity of a production process of a country. An output increase indicates an increasing of the effectivity of a production process of a country and this effectivity is a result of a growth.
6 0
3 years ago
Read 2 more answers
Fixed overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was
Liono4ka [1.6K]

Answer:

$208,000

Explanation:

Calculation for fixed overhead applied

Using this formula

Fixed overhead applied =Budgeted Fixed overhead+Fixed overhead volume variance

Let plug in the formula

Fixed overhead applied =$200,000+$8,000

Fixed overhead applied=$208,000

Therefore Fixed overhead applied must be $208,000

3 0
3 years ago
A taxpayer places a $50,000 5-year recovery period asset in service in 2016. this is the only asset placed in service in 2016. a
Charra [1.4K]
50,000×5=250,000
250,000÷4=625,000
250,000-625.000=375.00
Sum=375.00
8 0
3 years ago
A sports game company with current sales of $400,000 does not expect any growth in sales for the next two years. The company, ho
Ber [7]

Answer:

Answer is B

Explanation:

Cash flow = Net Income + Adjustment for Non-Cash expenses

So we must first calculate the Net Income for the second year using the Profit and Loss Statement format:

Year 2

Revenue                  $400,000

Less Expenses       ($220,500)

Less Depreciation  ($ 20,000)

Profit before Tax     $159,500

Less Tax                  ($54,230)            {34% of Profit before Tax}

Net Income              $105,270

Add Depreciation    $20,000          

Cashflow                  $125, 270

{Remember Depreciation is a non cash expense, so we must add it to the Net income to arrive at the cash flow}

(Remember the company expects no change in revenue)

5 0
3 years ago
Discuss the reasons for and against borrowing money
photoshop1234 [79]
You’d like to borrow money because it will fund for whatever you want to purchase or fund, but you’ll have to give it back and depending on interest it would be more expensive.
8 0
3 years ago
Other questions:
  • Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a
    12·1 answer
  • Dangerousness had been conceptualized as a ________ variable, while risk assessment is a ________ variable.
    6·1 answer
  • When output increase, the PPC of the economy
    6·1 answer
  • Carly is a manager at a business. when she has a job opening, she regularly does internet searches on the applicants to see if t
    14·1 answer
  • A company rented a copier for $600 per month. Five years later, an accountant calculated that if the company had purchased the c
    9·1 answer
  • Necesito saber si es cierto o falso
    11·1 answer
  • Help i need help know plzzzzzzz
    13·1 answer
  • You can display good customer service by
    9·2 answers
  • Romanova Inc. decides to sell an old piece of equipment and receives $5,000 cash for it. The original cost of the equipment was
    14·1 answer
  • The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.10 per share on its stock. The dividends are expected to grow at
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!