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4 years ago

In the context of populations in the united states, millennials:

2 answers:

8 0

<span>In the context of populations in the united states, millennials "</span>are now more in number than baby boomers".

Millennial was not a word you heard all that regularly only a couple of years ago, it is a personality given to a comprehensively and enigmatically characterized gathering of individuals. It is very less frequently alluded to as Generation Y, Millennials are the gathering of youngsters that are born between the mid 1980s and the mid 2000s.

Anarel [89]4 years ago

7 0

<span>The millennials, which are people born roughly early 1980s to late 1990s, comprise a group of people who for the first time, grew up with technology. Millennials are a populous group, some consider it a second baby boom. Many are the children of baby boomers. They are more in number than baby boomers.</span>

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Consider the market for a breakfast cereal. The cereal's price is initially $3.003.00 and 7070 thousand boxes are demanded per

arlik [135]

Answer:

0.539

Explanation:

Price elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Under mid-point method the price elasticity can be calculated as follow

where

S = Quantity

P = Price

Change in Quantity = ( S2 - S1 ) / [ ( S2 + S1 )/2 ]

Change in Quantity = ( 6,060 - 7,070 ) / [ ( 6,060 + 7,070 )/2 ]

Change in Quantity = -1,010 / 6,565

Change in Quantity = -0.153846

Change in price = ( P2 - P1 ) / [ ( P2 + P1 )/2 ]

Change in price = ( $4,004 - $3,003 ) / [ ( $4,004 + $3,003 )/2 ]

Change in price = $1,001 / $3,503.5

Change in price = 0.285714

Elasticity of Supply = Change in Quantity / Change in Price

Elasticity of Supply = -0.153846 / 0.285714 = -0.5385

Elasticity of Supply = -0.539

3 0

3 years ago

Currently, the Bureau of Labor Statistics does not include homemakers in its employment and labor force totals. What would happe

sdas [7]

Answer and Explanation:

Unemployment rate = (Unemployed/Labor force)*100

Labor Force Participation Rate = (Labor force/Adult population)*100

Labor force = number of unemployed + number of employed

Adult population = employed + unemployed + not in the labor force

When homemakers are included in the labor force as employed then the unemployment rate would go down, labor force would increase and so the labor force participation rate would increase.

The unemployment rate would decrease and the labor force participation rate would increase.

3 0

3 years ago

To qualify for the quantity discount, which of the following may not be joined together under the definition of any person?

Sedaia [141]

Answer:

C. Father and his 35-year-old son investing in separate account.

Explanation:

Quantity discount when offered relates to one particular account, and not multiple accounts at a time.

In a transaction joint accounts are called as single person where there is only one main account in consideration and no secondary account exists for the same.

As in the given options,

Option A of husband and wife investing in a joint account means a single account is made of which both the husband and wife are controllers.

Option B is of UTMA account which is made for the benefit of the minor child, although involves two people that is parent and child, but is run individually by the parent and is a single account.

Further Option C provides for separate investment accounts , which means two different accounts and therefore are completely different one of father and another of son, thus do not qualify of quantity discount jointly, either of the one account can claim the quantity discount as a person.

4 0

3 years ago

what is the effect on the financial statements when adjust the prepaid insurance account at year-end for insurance coverage whic

yan [13]

Answer:

When prepaid insurance (or any other prepaid expense) is adjusted at year end in order to record accrued expenses, financial statements are affected in the following way:

income statement: costs increase, decreasing profits
balance sheet: assets and equity decrease
cash flow statement: cash from operating activities increases
owners' equity: decreases

5 0

3 years ago

The pharmacist needs to measure out 35 grams of a 70% powder using the 50% and 90% powders he has in stock. how much of each pow

aleksandrvk [35]

The pharmacist needs to measure out 17.5 grams of the 50% powder and 17.5 grams of the 90% powder and should end up with 35 grams of the 70% powder thus making for an easy method of calculation for mixing the two powders.

4 0

3 years ago

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