The correct answer would be a LOW APR. If you are planning to carry a large balance on your credit card the credit card feature that should you look for is with a low APR. Other options for this question include low annual fees, lots of credit card rewards and a <span>large credit limit. Hope this answer helps.</span>
Because the demand between points A and B is inelastic, a $25-per-bike increase in price will lead to an increase, in total revenue per day.
in order for a price decrease to cause a decrease in total revenue, demand must be inelastic.
<h3>What is the price elasticity of demand? </h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
When the coefficient of elasticity is less than one, it means that demand is inelastic. When demand is inelastic, it means that the quantity demanded is not sensitive to changes in price.
Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price
Midpoint change in quantity demanded = change in quantity demanded / average of both demands
- change in quantity demanded = 40 - 35 = 5
- Average of both demands = (40 + 35) / 2 = 37.50
- Midpoint change in quantity demanded = 5 / 37.50 = 0.133
Midpoint change in price = change in price / average of both price
- Change in price = 100 - 125 = -25
- Average of both prices = (100 + 125) / 2 = 112.50
- Midpoint change in price = -25 / 112,50 = -0,222
Midpoint elasticity of demand = 0.133 / -0,222 = 0.6
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Answer: Private accountant whose work involve managerial accounting
Explanation:
From the question, we are informed that Quinn is an accountant who is employed by CCDL Enterprises and that recently, she has spent much of her time working on defining measures of costs for the production department and checking to ensure that various departments are staying within their budgets.
The above analysis shows that Quinn is a private accountant whose work involve managerial accounting. This is illustrated in what she does whch has been analysed in the question.
Answer: $105000
Explanation:
From the question, we are informed that Serena owned real estate worth $210,000 with her spouse in joint tenancy with the right of survivorship when she died and that she contributed $50,000 to the original cost of the property and her spouse contributed the remaining $100,000.
The amount, that will be included in Serena's gross estate will be:
= $210,000 × 50%
= $210000 × 0.5
= $105,000
It should be noted that only 50% will be included since she owes the property with her spouse in joint tenancy.