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zubka84 [21]
2 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]2 years ago
5 0

Answer:

b only ll and V are correct.

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Answer:

Explanation:

As the complete question is not given thus the complete question is found online and is attached herewith.

As per the complete question, the goals of the two foundations are required which are as follows:

American Federation of Labor:

American Federation of Labor made efforts for

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6 0
3 years ago
Compute the amount of raw materials used during November if $31,500 of raw materials were purchased during the month and if the
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Answer:

Raw materials used during November was $34,800.

Explanation:

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Thanks!

7 0
3 years ago
In the weekly computer run to prepare payroll checks, a check was printed for an employee who had been terminated the previous w
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An employee should get salary only based on the number days / number hours worked for the organization. So the time card will help the organization to solve the problem.

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8 0
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Answer:

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Explanation:

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