<span>The most expensive pairs of shoes as of 2016 would have to be "Nike Mag." Selling at about $28,638</span>
I believe the answer will be that, the Gold sales will decrease by 80%. (200 × 0.4)
Price elasticity is a measure of the change in the quantity demanded or purchased of a product in relation to its price change. It is the percentage change in the quantity demanded of a good or a service divided by the percentage change in the price.
That is; Price elasticity of demand = % change in quantity/% change in price
Answer:
$90,000
Explanation:
It is given that :
The pretax accounting income of Bryce Corporation 100,000
The interest on the municipal bonds - 7,000
The depreciation - 5,000
The difference in bad debt expense (3000-1000) <u> +2,000</u>
So the total income of Bryce Corporation $ 90,000
You will have a negative amount of moneyz in your checking account.(You will owe moneyz)
Answer:
a. Lower b. Decrease c. Surplus
Explanation:
The equilibrium wage rate is $15.
The minimum wage is fixed at $16.
a. The equilibrium wage is lower than minimum wage.
b. The higher minimum wage will lead to reduction in the number of teachers employed as the cost of hiring goes up.
c. There will be a surplus in the number of teachers, as with increased wages, the supply of teachers will be higher than demand.
