Answer:
Price elasticity of demand = -0.6667
Explanation:
The price elasticity of demand for a good, using the midpoint method is calculated as:
![E=\frac{(Q2-Q1)/[(Q2+Q1)/2]}{(P2-P1)/[(P2+P1)/2]}](https://tex.z-dn.net/?f=E%3D%5Cfrac%7B%28Q2-Q1%29%2F%5B%28Q2%2BQ1%29%2F2%5D%7D%7B%28P2-P1%29%2F%5B%28P2%2BP1%29%2F2%5D%7D)
Where Q1 is the quantity demanded when the price is P1 and Q2 is the quantity demanded when the price is P2.
Replacing, Q1 by 500, P1 by 50, Q2 by 400 and P2 by 70, we get that the price elasticity of demand for good A is:
![E=\frac{(400-500)/[(400+500)/2]}{(70-50)/[(70+50)/2]}\\E=-0.6667](https://tex.z-dn.net/?f=E%3D%5Cfrac%7B%28400-500%29%2F%5B%28400%2B500%29%2F2%5D%7D%7B%2870-50%29%2F%5B%2870%2B50%29%2F2%5D%7D%5C%5CE%3D-0.6667)
Answer:
There are 67 schools,44 elementary schools, 13 middles schools, 6 high schools, 3 senior high schools, and 1 alternative STEM-based high school, Plano ISD Academy High School. Out of the 67 schools, 56 are located within the city of Plano.
Explanation:
I hope this helps! :)
Answer:
$60 million
Explanation:
Working capital is the amount of resources at the disposal of a firm in order to run its day-to-day activities.
Working capital is determined by deducting total current liabilities from total current assets
Jones and Co.'s working capital for the year 2019 is the difference between the current assets for 2019 and the current liabilities for the same year
current assets is $100 million
current liabilities is $40 million
working capital=$100 million-$40 million=$60 million
Institutional or corporate advertising may have a. reminding as an objective. A product advertisement is centered around selling a product. On the other hand, an institutional ad's goal isn't to sell a product, but to raise awareness of the brand, strengthen customer loyalty, remind the customers that the brand is there with all of its meaning and story behind it, even if they don't need their product right now (if they do need it, all the better). It is a strategy of exposure. When I see a compelling Nike corporate ad, I probably won't rush to the nearest store and buy their product if I don't need it right away. But as soon as I start needing a pair of sneakers, I will recall the Nike ad.
