According to the GLOBE project, which of the following are most likely to view the terms "leader" and "manager" negatively? the
1 answer:
You might be interested in
Answer:
55.58
Explanation:
Data provided in the question;
Initial demand per month, Q₁ = 3
Final demand per month, Q₂ = 5
Initial price, P₁ = $33,200
Final price, P₂ = $33,500
Now,
elasticity of demand using midpoint method is calculated as :
=
or
=
on substituting the respective values, we get
=
or
=
or
=
= 55.58
Answer:
the picture attached is the main question while the solution is given in the explanation box below
Explanation:
a)
2017 = Loss = 25000 * 8 * [0.42-0.50] = 16000
2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000
b)
2017 = gain = 25000 * 8 * [0.48-0.42] = 12000
c)
2017 = Loss = 25000 * 8 * [0.48 - 0.50] = 4000
2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000
