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Alexeev081 [22]
3 years ago
8

Suppose when the price of jean-jackets increased by 10 percent, the quantity supplied increased by 16 percent. Based on this inf

ormation the price elasticity of supply of jean-jackets is
Business
1 answer:
kipiarov [429]3 years ago
3 0

Answer:

1.6

Explanation:

The formula and the computation of the price elasticity of supply is shown below:

Price elasticity of supply = (Percentage change in quantity supplied) ÷ (percentage change in price)

where,

Percentage change in quantity supplied = 16%

And, the percentage change in price = 10%

So, the price elasticity of supply is

= 16% ÷ 10%

= 1.6

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Answer: The correct answer is "D. obtaining the paper".

Explanation: Obtaining the paper could take a week without jeopardizing the deadlines set for the project since manufacturing must first take the costs to the marketing strategy group so that it could set the price.

7 0
3 years ago
Bonnie's employer provides her with an annual dinner club membership costing $5,000. Her marginal tax rate is 24 percent. Her em
Nikolay [14]

Answer:

$3,800

Explanation:

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3 years ago
A in the expected future exchange rate ______ the demand for u.s. dollars. in the u.s. demand for imports _______ the demand for
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In economics, demand is the number of goods that consumers are willing to purchase at various prices in a particular location and during a particular period of time. [1] The relationship between price and quantity demanded is also called the demand curve. Demand for a particular item is a function of perceived need, price, perceived quality, convenience, available alternatives, disposable income, buyer preferences, and many other options.

Demand refers to the consumer's willingness to buy and pay for goods and services without hesitation. Simply put, demand is the number of items that customers are willing to purchase at various prices over a period of time.

Learn more about demand here

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8 0
2 years ago
Accumulated depreciation shows a beginning balance of $9,300 and an ending balance of $10,700. How much depreciation expense was
faust18 [17]

Answer:

$1400

Explanation:

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Depreciation expense = accumulated depreciation at the end - accumulated depreciation at the beginning = $10700 - $9300 = $1400

Depreciation expense = $1400

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2 years ago
32. What is a predatory financial service?
Tresset [83]
<h2>Answer:</h2>

<h3>Predatory lending typically refers to lending practices that impose unfair,selective, or abusive loan term on borrowers.</h3>

<h2>Explanation:</h2>

<h3>Hope It's Help</h3>

<h3>#Carry On Learning</h3>

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