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jeyben [28]
3 years ago
15

If price increases from $45 to $55, the market quantity supplied increases from 20 units per week to 30 units per week. The pric

e elasticity of supply is _____
Business
1 answer:
hichkok12 [17]3 years ago
4 0

Answer:

The answer is 2.25

Explanation:

Price Elasticity of Supply (PES)= percentage change in Quantity demanded/ percentage change in price

PES= (30-20)/20 *100) /( 55-45)/45*100) = 50%/22.22% = 2.25

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The difference between what is right and wrong is usually very clear.
AnnZ [28]

。☆✼★ ━━━━━━━━━━━━━━  ☾

Not necessarily. Sure, there are some things where it is very clear what is right and wrong but there are so many situations where it is hard to differentiate between what is right and what isn't.

Have A Nice Day ❤

Stay Brainly! ヅ

- Ally ✧

。☆✼★ ━━━━━━━━━━━━━━  ☾

8 0
3 years ago
harold bought a new jacket at the department store for $84.79 and charged it to his credit card. the credit card company charges
Dovator [93]

The credit card company will pay an amount totaling to approximately $82.45 to the department store after deducting its fees of 2.75% of the transaction amount.

For the information provided above, the computation of the amount to be charged by the credit card company as its fees to the department store for a purchase of $84.79 will be calculated as below,

Credit Card Fees = Transaction Amount – Fees

Credit Card Fees = 84.79-2.75%

Credit Card Fees = 84.79 -2.34

Credit Card Fees = 82.45

Therefore, the credit card company will pay $82.45 to the department store.

Learn more about credit card fees here:

brainly.com/question/29060023

#SPJ4

6 0
2 years ago
In a perfectly competitive market, Multiple Choice all firms produce and sell a standardized or undifferentiated product. the ou
Umnica [9.8K]

Answer:

all firms produce and sell a standardized or undifferentiated product

Explanation:

A perfectly competitive market is a market in which there are many companies that offer the same product, there are not entry barriers which makes it easy for an organization to enter or exit the market. Also, the companies are not able to influence the market and they are not able to control the conditions in it. According to this, the answer is that in a perfectly competitive market, all firms produce and sell a standardized or undifferentiated product.

6 0
4 years ago
All of the following should be considered in a make or buy decision except:_______.a. cost savingsb. quality issues with the sup
Cerrena [4.2K]

Answer:

D. the supplier will make a profit that would no longer belong to the business

Explanation:

A make or buy decision can be defined as a strategic approach pertaining to making the choice to either produce (manufacture) a product in-house (internally) or purchasing the product from an external supplier. Thus, the make component typically deals with producing the product internally while the buy component strictly has to do with outsourcing or purchasing from an external supplier.

Some of the factors to be considered in a make or buy decision are;

I. Cost savings.

II. Quality issues with the supplier.

III. Future growth in the plant and other production opportunities.

Hence, all of the aforementioned should be considered in a make or buy decision except whether the supplier will make a profit that would no longer belong to the business.

3 0
3 years ago
If a bank has $500 million of checkable deposits, a required reserve ratio of 15%, and it holds $126 million reserves, then the
jarptica [38.1K]

Answer: $51 million

Explanation:

Firstly, we need to calculate the required reserve which will be:

= $500 × 15%

= $500 million × 0.15

= $75 million

Then, the excess reserve will be:

= $126 million - $75 million

= $51 million

Therefore, the maximum deposit outflow it can sustain without running into reserve deficiency is $51 million.

8 0
3 years ago
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