Answer:
a. 0.3
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
If price is increased, the quantity demanded doesn't change and total revenue increases.
The coefficient of elasticity for inelastic demand is usually less than one.
Demand is elastic if a small change in price leads to a greater change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than 1. If price is increased, the quantity demanded falls and total revenue falls.
Demand in unitary elastic if a change in price has the same proportional effect on quantity demanded. The coefficient of elasticity for unitary demand is 1.
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Answer:
Roth IRA
Explanation:
Based on the information provided in this scenario it can be said that the individual's best option would be to make a $5,000 contribution to a Roth IRA fund. This is a retirement fund that can be will provide will continue to grow exponentially throughout the years and the individual can withdraw that money when they turn 60 years old. At this point the money is completely tax free.
Answer and Explanation:
The balance sheet is shown below:-
The computation of note payable is below:-
Notes Payable = $1,198,000 - $649,600
= $548,400
Total notes payable by the company are$1,198,000, of which $649,600 is common stock issue and $548,400 is cash liquidate.
Windsor Company
Partial Balance sheet
December 31, 2020
Particulars Amount
Current Liabilities:
Notes Payable $548,400
Long term Debt:
Notes Payable $649,600
U need to provide the options we can pick from please
Answer:
the price elasticity of supply is 0.555
Explanation:
The computation of the price elasticity of supply is given below:
= Percentage change in quantity supplied ÷ percentage change in price
= (25 - 20) ÷ (25 + 20) ÷ 2 ÷ (750 - 500) ÷ (750 + 500) ÷ 2
= 5 ÷45 ÷ 250 ÷ 125
= 0.555
Hence, the price elasticity of supply is 0.555
The same is relevant
