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zubka84 [21]
3 years ago
6

If the demand curve for a new brand of golf balls has the following two points on it, P1 = $15, Q1 = 1,200 and P2 = $25, Q2 = 80

0, which of the following statements is correct?
l) The price elasticity of demand is .8
ll) The price elasticity of demand is 2.0
lll) The price elasticity of demand is -1.5
lV) The demand is inelastic
V) The demand is elastic
A) Only III and IV are correct.
B) Only II and V are correct.
C) Only II is correct.
D) Only III and V are correct.
e) Only I and IV are correct.
Business
1 answer:
liq [111]3 years ago
5 0

Answer:

b only ll and V are correct.

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4. Effective delegation: one person cannot perform all the tasks in a hotel, therefore it falls on the general manager to be able to assign roles to individuals that are best suited to perform the tasks. This is a very important trait and will ensure that resources are properly utilized.

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In unregulated monopoly: a consumers are confronted with a price that is lower than marginal cost. b consumers are confronted wi
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Answer:

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Explanation:

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Answer

adjective

1.

first in order of importance; main.

"the country's principal cities"

Similar:

main

chief

primary

leading

foremost

first

most important

predominant

dominant

(most) prominent

key

crucial

vital

essential

basic

staple

critical

pivotal

salient

prime

central

focal

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paramount

major

ruling

master

supreme

overriding

cardinal

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preeminent

ultimate

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highest

utmost

top

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arch-

number-one

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minor

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boss

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CEO

chairman

chairwoman

managing director

MD

president

director

manager

employer

head

leader

ruler

controller

head honcho

gaffer

governor

guv'nor

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a sum of money lent or invested, on which interest is paid.

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capital sum

capital

capital funds

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