The correct answer is 80 cable packages.
The following equation will solve this problem, where x equals the number of cable packages.
14,000 + 100x = 20,000 + 25x
First, subtract 25x from both sides:
14,000 + 75x = 20,000
Next, subtract 14,000 from both sides;
75x = 6,000
Finally, divide both sides by 75.
X = 80
Therefore, the answer is 80 cable packages.
I think the answer would be either A or D
Answer:
b. A decrease in price of 2% causes an increase in quantity demanded of 0%.
Explanation:
By definition, the demand is said to be <em>perfectly inelastic</em> when no matter how much the price of a good changes, you will still be consuming the same exact amount as you did before the price changed.
Keeping this in mind, we know that the price may increase or decrease in 2%, but the demanded quantity will not have any change at all (people won't consume less or more).
So, now we know that the correct answer is <em>b, </em>because a decrease in price of 2% causes an increase in quantity demanded of 0% - in other words, people's purchase decision weren't influenced by the change in the price.
Answer:
Times interest earned ratio = Net operating income/Interest expense
= $551,000/$512,000
= 1.08 times
Explanation:
Times interest earned is the ratio of net operating income to interest income. Net operating income = $551,000 and interest expense = $512,000. The division of net operating income by interest expense gives times interest earned ratio.
I think it was C.
Sorry if it is wrong
I just know that
