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3 years ago

15

As price falls from Pa to Pb, we could use the three demand curves to calculate three different values of the price elasticity o

f demand. Which of the three demand curves would produce the smallest elasticity? a 01 b. 02 c. 03 d. All of the above are equally elastic.

1 answer:

elena-s [515]3 years ago

3 0

Answer:

c. 03

Explanation:

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Getting rid of old stuff to people who want it instead of throwing it away.

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During 2016, Moore Corp. had the following two classes of stock issued and outstanding for the entire year: 100,000 shares of co

iVinArrow [24]

Answer:

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Explanation:

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2 years ago

A company reports the amounts below in its financial statements. Net cash flow from operating activities $37,570 Total net cash

balandron [24]

Answer:

Ratio will be 0.92

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Explanation:

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So option (A) will be the correct option

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3 years ago

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who w

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2 years ago

Suppose that when the price of a certain commodity is p dollars per unit, then x hundred units will be purchased by consumers, w

Nataly_w [17]

Answer:

$Profit = TR- TC
= x (P) - C(x)
= x(-0.05x+38) - (0.02x^{2} + 3x + 574.77)
= -0.05x^{2} + 38x - 0.02x^{2} - 3x - 574.77
= -0.07x^{2} + 35x -574.77$

This profit equation is an equation of a parabola that opens downward (Since A=-0.07<0) and has its vertex at

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Thus, revenue is maximized when x=250 hundred units. At this quantity maximum profit is

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= -0.05 (250) + 38
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3 years ago