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Artyom0805 [142]
3 years ago
11

For a certain good, when price rises from $50 to $55, quantity demanded falls from 8,400 to 7,500. The price elasticity of deman

d here is _____________, making the demand for this good ____________ in the price range between $50 and $55.
Business
1 answer:
yuradex [85]3 years ago
3 0

Answer:

Explanation:

The price elasticity of demand is PERFECTLY ELASTIC making the demand for the goods FALL in the price range between $50 and $55.

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Increased foreign wealth and income

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Parties more interested in managerial accounting data than in financial accounting data include
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Deitz Corporation is projecting a cash balance of $32,400 in its December 31, 2019, balance sheet. Deitz's schedule of expected
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Answer:

<u>Dietz corporation cash budget for the first quarter </u>

Total Receipts :

Collections from Customers                           $199,800

Receipts from Sale of Equipment                      $3,240

                                                                        $203,040

Total Payments :

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Direct labor                                                        $75,600

Manufacturing overhead                                  $37,800

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Loan (Shortfall)                                                    $15,120

Explanation:

A cash Budget shows the future estimate of future cash incomes and cash expenditures.

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