Ask question

Ask question

All categories

Lapatulllka [165]

2 years ago

15

If the price elasticity of supply is 0.75, then when the price of Good Y falls by 10 percent, the quantity supplied of Good Y:__

______.
A) rises by 7.5 percent.
B) rises by 133 percent.
C) falls by 7.5 percent.
D) falls by 133 percent.

1 answer:

Vikentia [17]2 years ago

4 0

Wait I did This let me go get the answer rq so I can answer this question rq

You might be interested in

Jasmine is the director of marketing for a chain of clothing stores. She's been given a set budget and needs to drive as many po

klio [65]

Answer:

Strategy she should use is "Maximize Clicks"

Explanation:

Jasmine should use Maximize clicks automated bidding strategy as to drive her clients to her website so that maximum people can visit her website in a set budget and choose her clothing products.

3 0

3 years ago

If people believe their rights are being violated, they have the right to a fair and impartial hearing. This reflects the basic

igor_vitrenko [27]

Answer:

I believe its C

7 0

2 years ago

Quentin's total debt to equity ratio on December 31, 2014, is _______

scoundrel [369]

Answer:

Quentin's total debt to equity ratio on December 31, 2014, is <u>0.62</u>.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached file for the complete question.

The explnation to the answer is therefore given as follows:

The debt-to-equity ratio refers to a financial ratio that is used to measure the relative proportion of debt and Owners' equity that are employed to finance assets of a company.

The debt-to-equity ratio using the following formula:

Debt-to-equity ratio = Total liabilities / Owners' equity ............... (1)

Where;

Total liabilities = Total current liabilities + Non-current liabilities = $72,000 + $34,000 = $106,000

Owners' equity = $170,000

Substituting the value into equation (1), we have:

Debt-to-equity ratio = $106,000 / $170,000 = 0.62

Therefore, Quentin's total debt to equity ratio on December 31, 2014, is <u>0.62</u>.

3 0

3 years ago

Mutual funds offer small investors an opportunity to diversify their investments.

Firdavs [7]

A. True the answer is not false

3 0

3 years ago

Read 2 more answers

Suppose the cost of 5 pencils is $1.50. The cost of 6 pencils is $1.75. The marginal cost of the sixth pencil is

nataly862011 [7]

Answer:

$0.25

Explanation:

The marginal cost of the sixth pencil is given by the difference in total cost of purchasing 6 pencils from the cost of purchasing 5 pencils. That is, the change in cost caused by the addition of the sixth unit of output:

$MC = \$1.75-\$1.50 = \$0.25$

The marginal cost of the sixth pencil is $0.25

4 0

3 years ago