1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kupik [55]
3 years ago
6

If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then the price elasticit

y of demand is equal to:
Business
1 answer:
inn [45]3 years ago
3 0
Hello Sir!! 
-
-
It is equal to the price of textbooks depending on the price. Multiply and divide the one-half percent and don't forget to add pi. I could help you with anything if you want. Just feel free to ask more questions on brain.ly or direct message me here. My username is Mcsugarface if you did not know. :) Sending love from Chihuahua, Mexico!! <333333
You might be interested in
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct m
Zanzabum

Answer:

$16,100

Explanation:

Add the total manufacturing costs for the year to determine the cost of goods manufactured during the current year. Also remember to account for change in work in process inventory.

3 0
3 years ago
During the purchase decision process, an individual at the __________ stage will perceive differences between his or her ideal a
Dimas [21]

Answer:

"Problem recognition" is the correct answer.

Explanation:

  • An empirical investigation has said that the initial phase of the development procedure of the customer and therefore its approach to buying seems to be the acknowledgment of problems that arise when consumers realize that perhaps the problem would also have to be solved.
  • This is whenever the customer sees a requirement and is driven to rectify the conflicts.
3 0
3 years ago
Funsters, Inc., the largest toy company in the country, sells its most popular doll for $15. It has just learned that its leadin
sukhopar [10]

Answer:

Funsters should increase the supply of its doll now before the other doll hits the market.

Explanation:

6 0
3 years ago
In 1-2 sentences, explain why scarcity exists.
prohojiy [21]
Scarcity refers to a state of being in short supply.

Scarcity exists because distribution of resources is unequal. Majority of the people tend to get more than they need in preparation for future uses. They did not take into consideration that other people also need the items they have stocked up on. This results to unequal distribution of resources. Those who had first access to the goods have more than they need while those who came last have goods that is not enough to sustain their needs. They are the ones experiencing scarcity.

3 0
3 years ago
Pulaski Plumbing Supply is planning to bring a new type of valve to market and is conducting a break-even analysis. For this ana
vekshin1

Answer:

break-even point (BEP) = 25,000 items

Explanation:

given data

Selling price  = $2.50

Fixed costs = $10,000

Variable cost = $2.10

solution

we know that Revenue is sum of  Fixed costs and  variable costs

so we use here contribution margin method that is

Contribution margin = $ 2.50 - $ 2.10

Contribution margin  = $ 0.4

so

break-even point (BEP) for the valve is here

break-even point (BEP) = fixed cost ÷ Contribution margin    ...................1

put here value

break-even point (BEP) = \frac{10000}{0.4}  

break-even point (BEP) = 25,000 items

4 0
3 years ago
Other questions:
  • In the context of populations in the united states, millennials:
    9·2 answers
  • When performing the management _____ function, managers measure the results of operations and compare them with the results they
    9·1 answer
  • A grand strategy that involves reduction in the organization's efforts is the ______ strategy.
    12·1 answer
  • Rare beef roasts can be cooked to what internal temperature?
    14·1 answer
  • A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As
    15·2 answers
  • An advantage of the Free Alongside Ship Incoterms Rules is the thorough documentation of the receipt of goods at a port hold are
    13·1 answer
  • Elain's Inflatables earns service revenue by providing party planning services and inflatable playscapes. Elaine?'s Inflatables
    13·1 answer
  • Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. A
    8·1 answer
  • which question or questions should you ask yourself when determining how much money you can afford to spend on a mortgage
    15·1 answer
  • 1) In the TOPCASH model, Analytics considerations include:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!