1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OverLord2011 [107]
4 years ago
12

Generally, we calculate elasticity as the: percentage change in quantity demanded/supplied divided by the change in price. perce

ntage change in price divided by the percentage change in quantity demanded/supplied. percentage change in quantity demanded/supplied divided by the percentage change in price. change in quantity demanded/supplied divided by the change in price.
Business
1 answer:
lozanna [386]4 years ago
5 0

Answer: Option (C) is correct.

Explanation:

Elasticity measures the responsiveness of percentage change in quantity demanded from percentage change in price.

Elasticity = \frac{Percentage\ change\ in\ quantity\ demanded/supplied}{Percentage\ change\ in\ price}

Types of elasticity:

(1) Perfectly elastic

(2) Inelastic

(3) Unitary elastic

(4) Less elastic

(5) More elastic

You might be interested in
Happy Home Products produces detergents, toothpaste, bar soap, disposable diapers, and paper products. This company has a produc
ELEN [110]

Answer:

Width

Explanation:

According to my research on the different terminology used by Retail companies in manufacturing, I can say that this company (Happy Home Products) has a product width of five lines. Product Width is defined as the number of separate product lines offered by a certain company. In the case of Happy Home Products the product width would be detergents, toothpaste, bar soap, disposable diapers, and paper products.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
If a truck is purchased for 13000 and will last 6 years what is the book value in 2 years
Snezhnost [94]

Answer:

10400

value deprecates by 2600 each year

13000 ÷ 6 = 2600

first year 13000

2nd year 10400

3rd year 7800

4th yr 5200

5th year 2600

6th yr 0

ig...

6 0
3 years ago
IOP Company purchased a machine on 1/1/22 costing $500. Estimated life was 5 years; estimated salvage value was $100. In 2025, I
Fittoniya [83]

Answer:

The Prior Period Adjustment to be recorded in 2025 will include a $90 debit as adjustment to Retained Earnings

Explanation:

Correct depreciation would have been = ($500-$100)/5 = $80

Depreciation charged wrongly as ($500-$400)/8 = $50

Therefore depreciation has been charged short by $30 for three years, thereby reflecting income greater by $30 each year for 3 years.

Since due to wrong depreciation retained earnings is higher by $90, therefore we have to debit retained earnings by $90

7 0
3 years ago
Suppose your newspaper is trying to decide between two competing desktop publishing software packages, Macro Publish and Turbo P
Vlad1618 [11]

Answer: 11.722

Explanation:

Two competing desktop publishing packages ; Macro publish and Turbo publish

If x and y copies of Macro publish and Turbo publish are purchased respectively ;

Daily Productitvity equals ;

U(x, y) = 6(x^0.9) (y^0.4) + x

where U(x, y) is measured in pages per day U is called a utility function

If x = y = 10

U(x, y) = 6(x^0.9) (y^0.4) + x

Therefore,

U(10,10) = 6(10^0.9) (10^0.4) + 10

U(10,10) = 119.716 + 10 = 129.716

The effect of increasing x by one unit results in

x = 11, y = 10

U(x, y) = 6(x^0.9) (y^0.4) + x

Therefore,

U(11,10) = 6(11^0.9) (10^0.4) + x

U(11,10) = 130.438 + 11 = 141.438

Productivity increase of approximately U(11,10) - U(10,10) = (141.438 - 129.716)

= 11.722 pages

3 0
3 years ago
Marketers particularly want their brands and products to be in consumers' __________ sets. select one:
sasho [114]
I think the most appropriate answer would be D.


I hope it helped you!
8 0
3 years ago
Other questions:
  • A nine-year project is expected to generate annual revenues of $137,800, variable costs of $82,600, and fixed costs of $11,000.
    10·1 answer
  • Rock cracks and shift when
    8·2 answers
  • On a business level, disasters are often thought of as __________ occurrences that affect the business or organization, or those
    13·1 answer
  • Team morale depends on the following except for:
    12·1 answer
  • Sheridan Company expects to purchase $230000 of materials in July and $240000 of materials in August. Three-fourths of all purch
    6·1 answer
  • Is accounts receivable a material component of the company’s total current assets?
    11·1 answer
  • Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The co
    13·1 answer
  • Eastern Electric currently pays a dividend of about $1.96 per share and sells for $37 a share. A. If investors believe the growt
    5·1 answer
  • The comparative balance sheets of Greenvale Games, Inc. show a net decrease in unexpired insurance of $400 and a net decrease in
    5·1 answer
  • 1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a c
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!