Answer:
Explanation:
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Answer:
B
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded
Price elasticity = 30% / 20% = 1.5
Demand is elastic. If price is reduced, the quantity demanded would increase and total revenue would increase
The answer is Guido D'Arezzo. He was the creator of the modern staff, he had used yellow and red lines to indicate pitches in the staff. In the modern era, these yellow and red lines were removed but still followed D'Arezzo's modern musical staff. Aside from the musical notation, D'Arezzo is also known for his text called "Micrologus"
Answer:
$6,600
Explanation:
The units-of-production depreciation expense = (miles driven in year 2 / total estimated miles) × (cost of asset - Salvage value)
(20,000 / 100,000) x ($41,000 - $8,000)
0.2 x $33,000 = $6,600
I hope my answer helps you
Answer:
A. Market Timing
Explanation:
Based on the information provided within the question it can be said that the term being described within the question is called Market Timing. Like mentioned in the question this term refers to a strategy of buying and selling different financial assets, usually by trying to take advantage of price discrepancies in the short term.