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Gelneren [198K]
3 years ago
5

"janice needs to write an essay on the history of the new york stock exchange. she decides to first answer the questions of who,

what, where, when, why, and how. which prewriting strategy did janice use?"
Business
1 answer:
strojnjashka [21]3 years ago
6 0

The correct answer is journalist questions. Journalist questions are questions that are being given by which it used the 5 W’s and H that the questions are associated to by which reporters ask to lead the paragraph of the story being made.

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The price of a large pizza decreased from $18.00 to $14.00. As a result, the quantity demanded of skateboards increased from 330
natta225 [31]

Answer:

a. The percentage change in pizza prices is -25.00%.

b. The percentage change in pizza prices is 5.88%.

c. The cross elasticity of demand for pizza and skateboards is -23.53%.

We follow these steps to arrive at the answer.

<h3>a. Percentage change in price of pizza</h3>

The percentage change in price of pizza using the midpoint formula is:

percentage change in price = ({\frac{P_{2} - P_{1}}{Average price})*100

Average Price = \frac{P_{2} + P_{1}}{2}

In this question, P₁ is $18 and P₂ is $14

Substituting the values in the formula above we get,

Average Price = \frac{14 + 18}{2}

Average Price = \frac{32}{2}

Average Price = 16

percentage change in price = (\frac{14 - 18}{16})* 100

percentage change in price = (\frac{-4}{16}) * 100

percentage change in price = -25%

<h3>b. Percentage change in quantity demanded of skateboards</h3>

The percentage change in quantity of skateboards using the midpoint formula is:

percentage change in quantity = (\frac{Q_{2} - Q_{1}}{Average Quantity})*100

In this question, Q₁ is 330 and Q₂ is 350

Substituting the values in the formula above we get,

Average quantity = \frac{Q_{2} + Q_{1}}{2}

Average quantity = \frac{350 + 330}{2}

Average quantity = 340

percentage change in quantity = (\frac{350 - 330}{340})*100

percentage change in quantity = (\frac{20}{340})*100

percentage change in quantity = 5.8823529%

<h3>c. Cross Elasticity of demand of skateboards and pizza</h3>

We calculate the cross elasticity of demand as follows:

Cross Elasticity Demand = \frac{percentage change in quantity of skateboards}{percentage change in price of pizza}

Cross Elasticity Demand = \frac{0.058823529}{-0.25}

Cross Elasticity Demand = -0.235294118

Cross Elasticity Demand = -23.53%

7 0
3 years ago
Edmentum/Plato users help!!! Worth 50pts<br> &lt; Image Attached &gt;
Morgarella [4.7K]

Answer:

A credit card

Explanation:

3 0
3 years ago
Madeline quits her job, at which she was earning $20,000 per year. She then takes $50,000 out of savings, on which she was earni
Alenkinab [10]

Answer:

A. Madeline's accounting cost is $75,000

B. Madeline's economic cost is $100,000

C. Madeline's accounting profit is $75,000

D. Madeline's economic profit is is $50,000

Explanation:

A. To calculate Madeline's accounting cost we would have to make the following calculation:

Madeline's accounting cost=cost of supplies+rent+labour costs

Madeline's accounting cost=$50,000+$10,000+$15,000

Madeline's accounting cost=$75,000

B. To calculate Madeline's economic cost we would have to make the following calculation:

Madeline's economic cost=explicit cost+implicit cost

=$75,000+opportunity cost

=$75,000+0.10*$50,000+earning job

=$75,000+$5,000+$20,000

=$100,000

C. To calculate Madeline's accounting profit we would have to make the following calculation:

Madeline's accounting profit=revenue-accounting cost

=$150,000-$75,000

=$75,000

D. To calculate Madeline's economic profit we would have to make the following calculation:

Madeline's economic profit=revenue-economic profits

=$150,000-$100,000

=$50,000

6 0
3 years ago
Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the
Sonbull [250]

Answer:

Mean = 47

Median = 47.38

Standard Deviation = 12.73

Explanation:

Note: You wrote " 40 manufacturing companies, but the total number of companies you actually listed is 75, definitely you meant 75.

Let y represent the range of advertising expenditure, f represent the number of companies, x represent the midpoint of the range of advertising expenditure.

y                                       f                      x                  fx                    fx²

$20 to under $30            9                     25               225               5625

$30 to under $40            13                    35               455               15925

$40 to under $50            21                    45               945              42525

$50 to under $60            18                    55               990              54450

$60 to under $70            14                     65               910               59150

                                       n = 75                           \sum fx = 3525      

\sum fx^2 = 177675

Mean, \bar{X} = \frac{\sum fx}{n}

\bar{X} = \frac{3525}{75} \\\bar{X} = 47

Standard Deviation:

SD = \sqrt{\frac{n \sum fx^2 - (\sum fx)^2}{n(n-1)} } \\SD = \sqrt{\frac{(75*177675) - (3525)^2}{75(75-1)} }\\SD = 12.73

Median:

Get the cumulative frequencies(cf)

         y                                        f                                cf

$20 to under $30                     9                                9

$30 to under $40                     13                               22

$40 to under $50                     21                               43

$50 to under $60                     18                               61

$60 to under $70                      14                              75

                                                N = 75

Median = Size of (N/2)th item

Median = Size of (75/2)th item

Median = Size of (37.5)th item

The median class = 40 to under 50

Lower limit, L₁ = 40

Cumulative frequency, cf = 22

f = 21

Class Width, h = 10

Median = L_1 + \frac{ (N/2) - cf}{f} * h\\

Median = 40 + \frac{ (75/2) - 22}{21} * 10\\

Median = 47.38

8 0
3 years ago
The level of entrepreneurial activity in a nation is __________ the nation's level of economic productivity.
maria [59]

The level of entrepreneurial activity in a nation is positively related to the nation's level of economic productivity.

<h3>What is economic productivity?</h3>

Productivity is the proficiency of creation of labor and products communicated by some action.

Estimations of economic productivity are many times communicated as a proportion of a total result to a solitary info or a total info utilized in a creation cycle There are various meanings of productivity (counting those that are not characterized as proportions of result to include) and the decision among them relies upon the reason for the productivity estimation as well as information accessibility.

Productivity is a pivotal consider the creation execution of firms and countries. Expanding public productivity can increase living expectations since all the more genuine pay works on individuals' capacity to buy labor and products.

Therefore economic productivity maintain the level of entrepreneurial activity.

Learn more about economy here:

brainly.com/question/2421251

#SPJ4

4 0
1 year ago
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