Answer: Demand is Unit - Elastic over this price range.
Explanation:
When total revenue remains the same over various price level then the demand curve is unitary elastic.
Unit-Elastic demand - It depicts a demand curve which is perfectly responsiveness to changes in cost. That is, the amount of demand changes as indicated by a similar percentage changes in prices.
A demand curve with an elasticity of 1 is called as unitary elasticity of demand.
Question Completion with Options:
2.5 percentage points
1.5 percentage points
3.5 percentage points
6.5 percentage points
Answer:
Sandra's creditor must determine if the APR for the loan exceeds the average prime offer rate by:
1.5 percentage points
Explanation:
The first mortgage loan principal should not exceed the conforming loan limit for the area where Sandra lives at the time that she secures the loan approval. It behooves on Sandra’s creditor to determine if the annual percentage rate (APR) for the mortgage loan exceeds the average prime offer rate (or the sample rate that is a representative of the APRs charged by creditors for mortgage loans that have low-risk pricing characteristics) by 1.5 percentage points.
Answer: 4
Explanation: Picture is blurry and you can barely see her.
Answer:
you need to enlarge the picture, then i can help:)
Explanation:
Answer:
<u>Gain on sale 19,000</u>
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Explanation:
Other comprehensive income for 2017
1.299.000 - 1,370,000 = -71,000
91,000 shares x $16 per share = 1,456,000
commissions (67,000)
net proceeds 1,389,000
acquisition (1,370,000)
Gain on sale 19,000
The joural entry should be:
Cash 1,389,000
OTI (loss) 71,000
Holmes shares 1,299,000
Gain on sale 19,000