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
VikaD [51]
3 years ago
14

In pioneer​ ville, the price elasticity of demand for bus rides is 0.5. when the price of a bus ticket rises by 5​ percent, ____

___.
Business
1 answer:
lianna [129]3 years ago
4 0
The quantity of bus rides demanded decreases by 2.5 percent. Hope this helps. :)
You might be interested in
How many people do online school here...? Because I see a lot of the same questions here...?
rodikova [14]

I do online college if that counts and on campus.

5 0
3 years ago
Read 2 more answers
Qué son los anticuerpos <br>​
yulyashka [42]

Answer: Los anticuerpos son proteínas especializadas en forma de Y que se unen como un candado y llave a los invasores extraños del cuerpo, ya sean virus, bacterias, hongos o parásitos. Son el batallón de "búsqueda" del sistema de búsqueda y destrucción del sistema inmunológico, encargado de encontrar un enemigo y marcarlo para su destrucción.

Explanation:

4 0
3 years ago
Read 2 more answers
Bolster Soda had an accounts receivable turnover ratio of 9.9 this year and 11.0 last year. Castor Soda had a turnover ratio of
Bess [88]

Answer:

This implies Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.

Explanation:

The accounts receivable turnover ratio refers to an accounting ratio that is used to show the how effective a firm is in collecting the receivables or money its clients are owing it.

This implies that accounts receivable turnover ratio is used to determine the extent to which a firm ie effectively managing the credit it gives to customers and how quickly the firm collects that that short-term debt.

The formula for calculating the accounts receivable turnover ratio is as follows:

Accounts receivable turnover ratio =  Net credit sales / Average accounts receivable

When the accounts receivable turnover ratio is high, it implies that the company is efficient is collecting debt and a high percentage of its cutomers are paying up their debts.

The account receivable turnover ratios in the question therefore imply Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.

3 0
3 years ago
What is the definition of an entrepreneur
ANTONII [103]

Answer;////// An Individual who undertakes the creation, organization,and ownership of an innovative business with the potential for growth///One who draws upon his or her skills and initiative to launch a new business venture with the aim of making a profit, Often a risk-taker, inclined to see opportunity when others do not.................................Good luck


7 0
2 years ago
The manager at Vertical Wire Productions reported total sales revenue of $800,000. The variable expenses were $600,000, and ther
Brilliant_brown [7]

Answer:

BEP_{dollars} = 500,000

Explanation:

<u>The first step</u> will be  get the contribtuion margin:

Sales\: Revenue - Variable \:Cost = Contribution \:Margin

800,000 - 6000,000 = 200,000

This is the amount after variables cost used to pay the fixed cost and make a gain.

Second, we calcualte the contribution margin ratio

\frac{Contribution \:Margin}{Sales\: Revenue} = Contribution\: Margin\: Ratio

200,000/800,000 = 0.25

Per dollar of sales 25 cents are available to pay the fixed cost.

Now, we calculate the break even point in dollars

\frac{Fixed\:Cost}{Contribution\: Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{125,000}{.025} = 500,000

5 0
3 years ago
Other questions:
  • If demand for farmer​ john's maple syrup is​ inelastic, then when farmer john raises the price of maple​ syrup, his total revenu
    8·1 answer
  • How do u calculate the bill total for the week by summing the daily bill amounts
    7·1 answer
  • The concept of diminishing marginal benefits states that A. the more you pay for a​ good, the less benefit you receive. B. the m
    6·1 answer
  • A product that cannot be perceived by the senses is called an _____ product.
    14·1 answer
  • A good investment should do one or both of which two things
    10·2 answers
  • In developing its future strategy, CVS is focusing on Amazon, which is expanding into the healthcare business. What stage of the
    7·1 answer
  • In preparation for developing its statement of cash flows for the year ended December 31, 2021, Rapid Pac, Inc., collected the f
    14·1 answer
  • The graph shows the price of a good compared to the quantity demanded and the quantity supplied. A graph titled Price Controls G
    7·1 answer
  • Assume that if you advertise and your rival advertises, you each will earn $4 million in profits. If neither of you advertises,
    12·1 answer
  • Which one of these is NOT collaboration?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!