Price elasticity can be calculated using the attached formula where:
the first term represents the % change in quantity and the second term represents the % change in price
% change in quantity = (100-120) / (220/2) = -2/11 x 100 = -18.1818%
% change in price = (7-5) / (12/2) = 33.3333%
price elasticity = 18.1818/33.3333 = 0.55Note that the price elasticity is usually taken as an absolute value.
When proprietors decide to combine their business and form a partnership, gaap usually requires that non cash assets be taken over at : C. fair market vale
The data will be used to calculate the percentages of ownership of each combined companies
hope this helps
Answer:
I think you’re a person assumes and Mr. White will be doing well financially is because she is that the one who is teaching people how to financially afford people are going to think she’s doing well financially
Explanation:
It’s really simple she’s doing she’s teaching everybody how to initially a food thing should be good
Answer: 4,100
Explanation: the equation for calculating GDP is (C+I+G+NX) first you would subtract the exports and imports to get 100, then you add 2,000+1,000+1,000+100 which equals 4,100
Answer: a. Partnership
Explanation:
Partnership could be defined as a process where two or more group of persons join their resources together to form a business or an investment, if it's a business, it is ran by both of them and the profit and loss realised is been shared amongst them. During partnership, the ratio of capital invested determines the ratio of profit that would be realised by the different persons. Harold and Zack combining resources to own a real estate investment is known as capital despite not signing legally for it yet.
