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Lubov Fominskaja [6]
3 years ago
13

The United States Tobacco Settlement between the major tobacco companies and 46 states caused the price of cigarettes to jump​ 2

1% (45¢ per​ pack). Levy and Meara​ (2006) found only a​ 2.65% drop in prenatal smoking 15 months later. What is the elasticity of demand for this​ group? The elasticity of demand is nothing. ​ (Enter a numeric response using a real number rounded to three decimal​ places.)
Business
1 answer:
Anton [14]3 years ago
6 0

Answer:

B. The elasticity of demand is -0.126

Explanation:

% Change in Quality demand = -2.65% (this is negative because of drop in prenatal smoking)

% Change in price = 21%

Elasticity of demand is given by the formula below:

Elasticity of demand = % change in quantity demanded ÷ %change in price

Elasticity of demand = -2.65 / 21

Elasticity of demand = -0.126

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Answer: fast responses at a lower cost.

Explanation:

Online survey would be a very desirable survey to use because of it's low cost of preparation(saves the cost of printing) and quick response from the target audience. An online survey is a method of gathering information from a wide variety of people on a subject matter over the internet, by administering questionnaire's to them.

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4 years ago
Richard, a researcher, is of the opinion that organizations should empower employees, and suggests this should be done by design
USPshnik [31]

Answer:

a. Self-managing teams are highly involved in decision making

Explanation:

Option A validates Richards argument

A self-managed team is a group of employees responsible and accountable for all or most aspects of producing a product or delivering a service. Self managed teams can work without being supervised. Therefore they are highly involved in decision making. Such teams are important due to the motivation they give to employees to take ownership. When these employees are allowed to make decisions, they enter a new level of engagement and participation.

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3 years ago
On February 15, Jewel Company buys bonds of Marcelo Corp. for $200,000. The investment is classified as available-for-sale secur
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Answer:

D. Debit Fair Value Adjustment-Available-for-Sale $300; credit Unrealized Gain-Equity $300

Explanation:

The journal entry to record the year-end adjustment is as follows

Fair Value Adjustment-Available-for-Sale $300 ($200,300 - $200,000)

            To Unrealized Gain-Equity $300

(Being year-end adjustment is recorded)

The available for sale securities would be at fair market value

Therefore the unrealized gain would be $300

hence, the correct option is d.

7 0
3 years ago
A partner withdraws from a partnership by selling her interest to another person who currently is not associated with the firm.
muminat

Answer:

The answer is letter D.

Explanation:

A partner withdraws from a partnership by selling her interest to another person who currently is not associated with the firm. As a result of this transaction, the capital account balance of the other partners in the partnership wil remain the same.

5 0
3 years ago
Children with asthma can have severe asthma attacks if they catch common
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Answer:

All of the above can prevent the spread of infections

Explanation:

Germs are commonly known to be everywhere and can be spread in various ways, such as through the air in sneezes, coughs, or even breaths.

Hence, in this situation, in order to prevent the spread of germs, it is always advisable to carry out the following:

1. Make sure children take antibiotics every time they get sick

2. Wash your hands and children's hands often with soap and water

3. Cover your face with a re-usable handkerchief when you cough or sneeze

Therefore, the correct answer is "All of the above can prevent the spread of infections."

5 0
3 years ago
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