Answer:
Inelastic
Explanation:
Price Elasticity of demand is the a measure which is used to show the responsiveness of the quantity to its price.
Price Elasticity of demand = Change in quantity / Change in price
% Change in quantity = ( 45,000 - 35,000 ) / 45,000 = 22.22%
% Change in price = ( 20 - 30 ) / 20 = -50%
Price Elasticity of demand = Change in quantity / Change in price
Price Elasticity of demand = 22.22% / -50% = -0.4444
As the answer is less than 1 so, demand is Inelastic.
Answer:
<u>Monopolistic Competition:</u>
4. a firm that faces a downward sloping demand curve.
<u>Perfect Competition:</u>
1. a firm that produces with excess capacity in
3. a firm that may earn in an economy profit or loss in the short run
5. a firm that that maximizes profits profit in the long by producing where MR = MC
<u>Both:</u>
2. a firm that has a firm that sets price greater than marginal cost.
Explanation:
D. Inelastic.
Hope this helps!
:3
Christopher Columbus discovered the Jew World, but did not know that it was an unknown world. Because of his voyages, Spain was ablemto settle in present-day Florida and Mexico. Spain also settled down in most of Latin America. Also, Spain settled in half of South America. Although, now al of the places they settled in have revolted and gained independence from Spain, or were sold to other countries and later got their independence.
Answer:
$57.02 Average price per share in treasury Stock
Explanation:
Treasury Stock in dollars 4,934M

1,172,513,618 - 1,082,986,591 = 89,527,027 TS in shares
4,934,000,000/89,527,027 = 57.02264565
$57.02 Average price per share in treasury Stock