Answer:Price elasticity of demand = -0.05
Explanation:
Price elasticity of demand using the midpoint method= 
where Q =Quantity demanded
P = Price
Price elasticity of demand = (
= 
0.025/ -0.05 = -0.05
Price elasticity of demand = -0.05
The Price elasticity of demand tells us how much quantity demanded changes in response to a change in price. Here the Demand for a good is inelastic because the PED coefficient is less than one -0.05
Explanation:
trade barriers I believe is the answer
The effect of the demand and supply chain can be seen in the highly volatile nature of the music industry.
Explanation:
The principles are highly accurate for many industries that are given in the article "The Effect of Price on Number of Suppliers."
This is effectively about the demand and supply chain and one can see how this applies to the people in the music industry who have to deal with these overhauls.
The industry is largely volatile and there are trends that come and go in a couple of years and with them go away whole labels and and artist.
The people who survive are the ones that adapt and do not go all in on one trend or another.
This one can even see in other business practices.
Answer:
The correct option is;
Revenues minus expenses
Explanation:
The Net Income (NI), of a business is calculated by first calculating the company's total revenue, then deducting from the calculated company's total revenue, the following items to find the earnings before tax;
1) Operating costs
2) Business expenses
3) Operating costs
The net income is then found by deducting the tax from the calculated net earnings.
The Net Income is also known as the bottom line of the business as it comes at the bottom line after subtracting the expenses, interests, taxes, from the total revenue.
