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ipn [44]
3 years ago
6

Identity theft is important to be aware of because

Business
1 answer:
Dennis_Churaev [7]3 years ago
5 0

1 it could lead you to legal trouble

2 it could lead to bad credit

3 it could effect you being able to get a credit card to help get your credit back up

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Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calcula
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Answer:

1

Unitary elastic

Elasticity of demand is unitary elastic because the absolute value of elasticity is equal to 1.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

Percentage change in quantity demanded = (25 - 15) / 25 = 0.4 × 100 = 40%

Percentage change in price = ($5 - $7) / $5 = 0.4 × 100 = 40%

Elasticity of demand = 40% / 40% = 1

If coefficient of elasticity is equal to 1, demand is unit elastic. It means that a change in price has an equal efect on the quantity demanded. Quantity demanded has an equal and proportional change to changes in price.

I hope my answer helps you

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How much is ​$100 to be received in exactly one year worth to you today if the interest rate is 20​%?
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Answer:

Final Value= $120

Explanation:

Giving the following information:

How much is ​$100 to be received in exactly one year worth to you today if the interest rate is 20​%.

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FV= PV*(1+i)^n

FV= 100*1.20^1= $120

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Which situation best reflects the concept of free enterprise? Consumers have a choice between two bakeries in a single city bloc
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