Answer:
PED= "0.1"
Explanation:
The price elasticity of demand indicates how the quantity demanded changes when the price changes. Is defined by this equation:
Price Elasticity of Demand(PED)= Percentage change in Q (Δ%Q)/ Percentage change in P (Δ%P)
.
To fine the percentage change in Q and in P we use the midpoint formula:
Δ%Q= q2-q1/(q2+q1/2)
Δ%Q= 4848-5252/(5252+4848/2)
Δ%Q= -404/5050
Δ%Q= -0.08
Δ%P= p2-p1/(p2+p1/2)
Δ%P= 1111-99/(1111+99/2)
Δ%P= 1012/605
Δ%P= 1,672
PED=-0.08/1,672
PED= -0.047
Rounded to one decimal place:
PED= "0.1"
Answer:
Insurance companies are primarily concerned with your driving record and the type of vehicle you are insuring. Insurance rates are based on how safe of a driver you are and the amount they will have to pay out if you total your vehicle. It makes no difference to them if you have leased the car or purchased it.
Answer:
The current ratio is 1.18 times
Explanation:
Current Ratio: The current ratio is that ratio which shows a relationship between the current assets and the current liabilities
The computation of the current ratio is shown below
Current ratio = Total Current assets ÷ total current liabilities
where,
Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory
= $43,500 + $27,000 + $102,000 + $125,000
= $297,500
And, the total current liabilities is $251,000
Now put these values to the above formula
So, the ratio would equal to
= $297,500 ÷ $251,000
= 1.18 times
The long term note payable is not a current liabilities,hence it is not considered in the computation part.
The agreements that set terms for various aspects of commercial relations with other countries such as the right to conduct business in the treaty partner's domestic market are called <span>friendship, commerce, and navigation (FCN) treaties. Correct answer: C
</span><span>This document includes several aspects: human rights, trade and investment protection in international diplomacy.</span>