Answer:
b. rise in demand results in an increase in price
Explanation:
Price elasticity of demand in economics measures the degree of the responsiveness of the quantity demanded of a good or service to increase in its price.
Therefore reverse elasticity will be the measure of the degree of responsiveness of price to changes in quantity demanded.
Therefore in the options given in the scenario, an increase in price resulting from a rise in demand is most likely the appropriate definition of a reverse elasticity
To calculate Sandra's overtime earnings, you will need to find how many overtime hours Sandra worked and then calculate the amount per hour she will make for the hours over 40 she worked through Saturday.
You will calculate her earnings per hour on Sunday by doubling her per hour rate and then multiplying by the number of hours worked on Sunday.
1. M - F (9 x 5 = 45 hours), so 5 hours overtime and Saturday - is 6 hours (6 + 5 = 11 hours overtime through Sat).
2. $12 x 1.5 = $18 per hour overtime rate; 18 x 11 = $198 through Sat.
3. Sunday: $12 x 2 = $24 per hour; $24 x 4 = $96 on Sun.
4. $198 + $96 = $294
Sandra earned $294 in overtime.
Answer:
where is it??????????????
Answer:
Dr Compensation expense 29,000
Cr Paid-in capital - stock options 29,000
Explanation:
Compensation expenses can be defined as the expenses that include the costs of recruiting salaries, payroll taxes, benefits as well as bonuses because this expense is often an important aspect of a business, company's or organization operating costs which may tend to affects corporate profitability.
XYZ Co.
Dr Compensation expense 29,000
Cr Paid-in capital - stock options 29,000
(87,000 x $1)/3 = 29,000
