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
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

You might be interested in
Which type of visual aid would you use to show changes over time?
son4ous [18]
A plot in Cartesian axes.
This kind of graph has two exes: x (horizontal) and y (vertical). X represents the independent variable, in this case: time. Y represents the dependent variable, which is the one that is changing over time. For example, you can make this graph with temperature along the year. You will usually have higher temperatures in summer, which will be represented in the upper part of the graph, and lower temperatures in winter, which will be represented in the bottom part of the graph. January will be on the left and December will be on the right.
6 0
3 years ago
In the fourth stage of rational decision making, managers will _____. evaluate the alternatives and select a solution implement
Ludmilka [50]

Answer:

The correct answer is: implement and evaluate the chosen solution.

Explanation:

Companies generally use different strategies to make decisions to obtain the best benefits. For example, companies often use the rational decision-making process to focus on analysis and logic, leaving subjectivity aside.

Through this method, different steps of the decision-making method are followed to achieve the objectives proposed objectively.

<em>For example, in the fourth step, the chosen solution must be implemented and evaluated, the managers are in charge of analyzing and executing the action plan</em>, in this way they evaluate each result obtained to know if the actions taken are the best and are reaching their goals.

<em>I hope this information can help you.</em>

6 0
3 years ago
Suppose the interest on a foreign government bonds is 7.5%, and the current exchange rate is 28 foreign currencies per dollar. I
alexandr1967 [171]

Answer:

implied credit spread =  1.13 %

Explanation:

given data

interest on foreign government bonds = 7.5%

current exchange rate = 28

forward exchange rate = 28.5

risk-free rate = 4.5%

solution

we get here risk free rate by the forward exchange rate that is

F = spot exchange rate × \frac{1+Rr}{1+Rs}   ....................1

put here value

28.5 = 28 ×  \frac{1+Rr}{1+0.045}  

solve it we get

Rr = 0.0637

Rr = 6.37%

so

implied credit spread = interest on foreign government bonds - risk free rate

implied credit spread = 7.5% - 6.37%

implied credit spread =  1.13 %

4 0
3 years ago
Which of the following statements is correct regarding compensation expense for employers in publicly traded corporations?
Sliva [168]

Answer:

d. Deductible compensation expense must be considered reasonable under the facts and circumstances of the employment.

Explanation:

Elon Musks collected billions of dollars due to the excellent performance of Tesla's stocks. The compensation awarded to the CEO, CFO and maximum three other executives must be reasonable. Performance based compensation is not limited in an amount, instead they are limited on the number of people that receive them.

3 0
3 years ago
MC Qu. 166 Joe Jackson opened Jackson's... Joe Jackson opened Jackson's Repairs, Inc. on March 1 of the current year. During Mar
____ [38]

Answer:

D. $ 10,300

Choice D is correct:  Net income = $ 10,300

Explanation:

Cash Received =                                 $ 16000

Less Rent Paid=                                    ( $ 2000)

Add income =                                          $ 3000

Less Salaries for the month of March = ($ 6200)

Less utilities paid                                       ($ <u>500)</u>

<u>Net income=</u>                                               $ 10,300

Treatments.

Net income is found by deducting expenses from revenues earned

$ 100,000 is the retained earnings so it is not accounted for net income.

Equipment is an asset so it is not accounted for net income.

Cash received is the revenue so it is accounted.

Rent is an expense account so it is subtracted.

Income for service $ 3000 provided is also taken into account on matching principle basis.

Advance received will be adjusted when the services will be rendered on matching principle.

6 0
3 years ago
Other questions:
  • Asales software company decides to find out how their products are being used and sold. They approach five different sales execu
    7·1 answer
  • In 2011, harris optical lost $450,000 in missing merchandise. as a result, it developed a plan in which employees in 2012 would
    14·1 answer
  • In the treaty of Kanazawa,Japan aggred to
    9·1 answer
  • Multiple-Step and Single-Step Income Statements, and Statement of Comprehensive Income
    8·1 answer
  • An increase in the number of buyers in a particular market for a good will result in a ___________________ for that good.
    14·1 answer
  • When Tim first started working at a new company, a coworker named Yacine filled him in on things not spelled out in the employee
    12·1 answer
  • At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit sales of $975,000. Chan records its
    6·1 answer
  • Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activi
    8·1 answer
  • Francina, who just started her first job, had been repaying her luxury sports car loan until she stopped payments two months ago
    14·1 answer
  • Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimbe
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!