Answer:
Price elasticity of demand for Adam=0
Price elasticity of demand for Barb=1
Explanation:
Price elasticity of demand = %age change in demanded QTY / %age change in demanded price
The price is not important for Adam, and he demands a fixed quantity, hence his demand curve is vertical. A perfectly vertical demand curve is can inelastic demand curve and has price elasticity =0
The quantity is not important for Barb, and he demands a fixed price, hence his demand curve is horizontal. A perfectly horizontal demand curve is has price elasticity =1
<span>customers of its boutique store in the haight-ashbury neighborhood of san francisco are more likely to demonstrate greater rates of adoption for trendy fashions</span>
Answer:
middle class
Explanation:
I fit in middle class because I do not struggle and my family lives comfortably but we don't have millions
Answer:
total amount reported in the cash flow from investing activities = book value + realized gain = $55,485 + $7,610 = $63,095
Explanation:
In order for this specific gain to be reported only once in the cash flow statement, it must first be deducted from the cash flow from operating activities as an adjustment to net income.
Answer:
a. Merrick System
Explanation:
Merrick System does not provide for incentives based on standards that are expressed in terms of time period per unit of production
