Answer:
b. $3,000
Explanation:
Jed was refused payment of $5000, the court awarded only $2000, rest $3000 is a loss for Jed. He can only deduct $3000 and not full $5000 as $2000 has been realized.
Therefore, The amount of loss may Jed deduct in the current year is $3,000.
The number of burritos that will be supplied depends on the costs the supplier incurs.
You did not include any charts that can be used to answer this specific question so I will give a general answer.
When a supplier is deciding the price at which to supply a good, they look at:
- Their costs both fixed and variable
- The price others are charging
- The demand for the good
The most important factor is their costs. If in this case, it costs more than $1 to produce a burrito, they will not supply burritos. If their costs are less than a dollar, the number of burritos supplied will then depend on other factors but they will supply some.
In conclusion, if the cost to make the burrito is less than $1, the supplier will supply no burritos but if the cost is less, they will supply based on other factors.
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Answer:price elasticity of demand for Dunkin Donuts’ regular coffee is 1.8
Explanation: Using the midpoint formnulae
Price elasticity of Demand =percentage change in quantity demanded/ Percentage change in price.
Percentage change in quantity = new quantity - old quantity / (new quantity + old quantity)/2 x 100
= 40-10/(40+10)/ 2 = 30 /25 = 1.2 x 100 =120%
Percentage change in price = new price - old price / new price + old price)/2 x 100
= 1- 2 / (1+2)/2= -1/1.5x 100 = -66.67 %
Price elasticity of Demand =percentage change in quantity demanded/ Percentage change in price.
= 120%/-66.67%= -1.79 = -1.8
For Price elasticity of demand, the sign is not included and the basis for elasticity is on the value itself . here we can conclude that the Price elasticity of demand for Dunkin donut is 1.8 and elastic because a fall in price led to an increase in amount being sold.
As manager of Kids Skids, Meghan wants to develop her relationship management skills. In order to do this, she learns how to communicate better with other people, learn about different learning styles, understand diversity and how it pertains to relationship building. By learning skills and focusing on how her communication skills very based on different people are, she is likely to become a better leader. When Meghan understands how to be an effective leader and use her management skills, she will have a better flow in the workplace.
for a business to be viable,it must make a good or proper sales