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Assoli18 [71]
3 years ago
13

When elasticity of demand is equal to one and the change in the quantity demanded and the change in price are exactly proportion

al. This type of elasticity is described as ________.
Business
1 answer:
tatyana61 [14]3 years ago
6 0

Answer:

The correct answer is: unitary elasticity.

Explanation:

Unitary elasticity takes place when the change in quantity demanded of a good or service represents a proportional change in price. Under this scenario, the elasticity -<em>measure of how prone is to react a good or service in price due to change in other factors, ceteris paribus</em>- equals to 1.

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3 years ago
Steve goes to Tri-State University and pays $40,000 in tuition. Steve works to pay for his schooling and has an AGI of $37,000.
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Answer:

His American Opportunity tax credit is $2,500.

Explanation:

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3 years ago
"Suppose you wish to have $5,500 in 18 years. Use the present value formula to find how much you should invest now at 6% interes
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Answer:

The amount of investment should be $1926.891 approximately

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7 0
3 years ago
a report must be sent promptly to FINRA if a registered employee of a member firm for all of the following EXCEPT: A has violate
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D

is ticketed for careless driving

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How can a job (or occupation) impact your life?​
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8 0
2 years ago
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