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Olegator [25]
3 years ago
13

What is the formula for measuring the price elasticity of supply? Percentage change in quantity demanded/percentage change in in

come Percentage change in quantity supplied/percentage change in income Percentage change in quantity supplied/percentage change in price Percentage change in quantity demanded/percentage change in price b. Suppose the price of apples goes up from $23 to $24 a box. In direct response, Goldsboro Farms supplies 1,400 boxes of apples instead of 1,000 boxes. Compute the coefficient of price elasticity (midpoints approach) for Goldsboro’s supply.c) Is it supplies elastic, or is it inelastic?
Business
1 answer:
ahrayia [7]3 years ago
5 0

Explanation:

The computation of the price elasticity of supply using mid point approach is shown below:    

a. The formula is shown below:    

Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)

b. The computation is shown below:

= ( Change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity supplied would be

= Q2 - Q1

= 1,400 - 1,000

= 400

And, average of quantity supplied would be

= (1,400+ 1,000) ÷ 2

= 1,200

Change in price would be

= P2 - P1

= $24 - $23

= $1

And, average of price would be

= ($24 + $23)÷ 2

= $23.5

So, after solving this, the price elasticity of supply is 7.84 that reflects the supplies is elastic

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kobusy [5.1K]

Answer:

Paco will have 335 dollars available for the car-loan

Explanation:

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7 0
3 years ago
Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. The total value of yo
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Answer:

hope this helps

Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 21.5% and a beta of 1.70. The total value of your current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock? Do not round your intermediate calculations.

Old portfolio return

11.0%

Old portfolio beta

1.20

New stock return

21.5%

New stock beta

1.70

% of portfolio in new stock = $ in New / ($ in old + $ in new) = $10,000/$100,000=

10%

New expected portfolio return = rp = 0.1 × 21.5% + 0.9 × 11% =

12.05%​

New expected portfolio beta = bp = 0.1 × 1.70 + 0.9 × 1.20 =

1.25​

Explanation:

7 0
3 years ago
Which of the following terms accurately describes functional strategies that are properly aligned, traceable to the business str
spayn [35]

Answer:

d. cross-functional strategies

Explanation:

In an organisation, for the proper running of all the departments or functions, proper communications and coordination is required. So implementing the cross-functional strategies can succeed when all the functional areas of the organisation are properly coordinated with each other. And by implementing  these strategies we can trace out the business strategy with supporting of all functional areas. These are useful to place all functional strategies properly.

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3 years ago
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Answer: Option A      

       

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This theory suggests that the level of regret that one feels depends on two factors, the net desirability between the option chooses and option not chooses,  the importance of the decision made in the Decision makers life.

In the given case, Kimberly bought a camera and now think she did not make right choice. Hence from the above we can conclude that the correct option is A.

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The information about the question is incomplete, hence the general answer. It is to be noted that the question is about Gantt Charts.

<h3>What is a Gantt Chart?</h3>

A Gantt Chart is a two-dimensional representation of a project showing the volume of work to be done, how the work is broken down into various parts, how long each part will take, those responsible for each part of the project, and even where each project overlaps.

Gantt chart (sample attached) is very crucial for Project Management. The goal of using a Gantt chart is to ensure that the project is completed on or before the scheduled time in order to prevent losses.

Please note that a Gantt Chart can be created and edited using MS Exel Worksheet.

Learn more about Gantt Chart at:

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