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
Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the pr
BabaBlast [244]
Bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product
3 0
3 years ago
As of December 31, 2016, Amy Jo's Appliances had unadjusted account balances in accounts receivable of $313,000 and $870 in the
Fantom [35]

Answer:

Bad debt expense for 2016 should be: c. $8,520

Explanation:

As of December 31, 2016, Amy Jo's Appliances had  accounts receivable of $313,000 and the allowance for uncollectible accounts should be 3% of accounts receivable

Bad debts are estimated: 3% x $313,000 = $9,390

Amy Jo's Appliances had $870 in the allowance for uncollectible accounts

Bad debts expense = $9,390 - $870 = $8,520

The entry will be made:

Debit Bad debts expense $8,520

Credit Allowance for uncollectible accounts $8,520

5 0
3 years ago
In considering channels and logistics, what is the definition of intermodal transportation? Group of answer choices Combining tw
Taya2010 [7]

Answer:

Inter-modal transportation: Combining two or more modes of transportation

Explanation:

Logistics is the movement and coordination of resources such as food, liquids, materials, inventory, people and equipment from one location (origin) to another (destination). Intermodal transportation is used in logistics to transport a shipment from the shipper to the consignee. There are 3 methods of transportation:

  1. Ocean transportation e.g. ships
  2. Land transportation e.g. trucks, trains
  3. Air transportation e.g. flights

When any resource is transported by use of any two or more of these modes, it is known as intermodal transportation. For example, a container of clothing might be transported from Tokyo, Japan to New York, USA.

<u />

Japan factory to Japan Harbor: Train

Japan Harbor to USA Harbor: Ship

USA Harbor to warehouse in USA: Flight

Warehouse to shopping mall: Truck

5 0
3 years ago
Julio is the owner of Party Time, Inc., a small party supply company. The company provides tents, tables, chairs, and related pa
BartSMP [9]
True ....................
4 0
3 years ago
When writing a sales message in which price is an issue, what can you do to reduce resistance? Check all that apply.
arsen [322]

Answer:

The correct answer is letter "C": Compare your prices favorably with those of a competitor.

Explanation:

At the moment of the purchase, consumers are quality and price given in their decisions making. Most of them, are likely to give up on some of the additional features of a certain good or service towards another because of the differences in the price. So, while giving a sales message where the price is an issue and if our price is favorable in contrast to the competitors, it must be highlighted to attract the consumer's attention and preference.

7 0
3 years ago
Other questions:
  • Prime and Conversion Costs Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for a magazine pub
    11·2 answers
  • What were the main reasons grange decided to leave school in order to start his own team?
    8·1 answer
  • ________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordin
    13·1 answer
  • An effective Financial Management Process is dependent on a number of factors. Crucial is the establishment of a sound system of
    5·1 answer
  • The price of one nation's currency expressed in terms of another nation's currency is called
    7·1 answer
  • If the next year’s dividend is forecast to be $5.00, the constant growth rate is 4%, and the discount rate is 16%, then the curr
    11·1 answer
  • "A new issue corporate bond with dated date of June 1st is bought from the underwriter with settlement occurring on Monday, June
    15·1 answer
  • Company J acquired all of the outstanding common stock of Company K in exchange for cash. The consideration transferred exceeds
    7·1 answer
  • You are asked to compose a job description for the position of director of sales for SaveWell. This is a position you once held,
    5·1 answer
  • The Financials section of the Business Model Template consists of three boxes. The boxes are titled ________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!