Answer:
the absolute value is -0.33 and it is inelastic
Explanation:
The computation is shown below:
The Absolute value of Price Elasticity of Demand (PED) is
= Percentage Change in Quantity Demanded ÷ Percentage Change in Price
= 0.05 ÷ (-0.15)
= -0.33
Since the price elasticity of demand is less than one so here there is an inelastic demand
Therefore the absolute value is -0.33 and it is inelastic
The correct answer to this question is letter "c. federal employment act of 1940." Minimum wages, hours of employment, and child labor are regulated by the <span>federal employment act of 1940. This act should be implemented well so that to give fair to the employees.</span>
Answer:
Should not
Explanation:
From the question, marginal cost exceeds the marginal benefit to be derived from the addition of beds.
Thus MC > MB
This means that it will cost the Corporation more to expand the number of beds than the benefits that they will derive from adding this feature. This shows that they are better off avoiding the addition of beds as this would make them to run at a loss. Hence, they should not offer additional beds.
Answer:
$79,039
Explanation:
A Bank Reconciliation Statement is used to determine the true cash balance
<u>Bank Reconciliation Statement as as June 30 </u>
Balance as per Bank Statement $81,500
Add Outstanding Lodgments $3,150
Less Unpresented Checks ($5,611)
Balance as per Cash Book $79,039
Therefore, the true cash balance as of June 30 is $79,039
