Answer:
230
Explanation:
Good A has an income elasticity of -1.5. The goods is an inferior good since it has a negative income elasticity. An increase in income reduces its demand, but a decline in income increases its demand.
Fraol’s income has decreased. He will demand more of good A.
the formula for calculating income elasticity is as follows
Income elasticity of a good = % Change in demand/ % change in income.
i.e - 1.5 = % Change in demand/ % change in income.
% change in income =( 40,000 -36,000)/40,000 x 100
=4,000/40,000 x 100
=10%
-1.5 = %CD/10
%CD= 10 x -1.5
%change in demand = 15%
the new demand will be( 15% x 200 ) + 200
=(15/100 x 200 )+200
=(0.15x200) +200
=30 +200
=230
Answer:
Provider Service Type Prices Starting At*
Suddenlink Cable $30.00/mo.
DIRECTV Satellite $74.99/mo.
DISH Satellite $64.99/mo.
Grande Communications Cable $54.94/mo.
Explanation:
Provider Service Type Prices Starting At*
Suddenlink Cable $30.00/mo.
DIRECTV Satellite $74.99/mo.
DISH Satellite $64.99/mo.
Grande Communications Cable $54.94/mo.
Answer:
The correct answer is A
Explanation:
Acquisition and Payment Cycle, also called as the PPP cycle for which the payments, purchases and payables, is mainly comprise of the two classes of the transaction. This cycle is regarding the payables and to pay off the payables with cash.
Acquisition and payment of the long lived assets, which are those assets, the business retain for at least one year. The revenue will not be included in the cycle because it is related to the payables.
Answer:
See below
Explanation:
The percentage allocated to each socially responsible action
1. pollution control
Pollution control has been allocated is $37,000
As a percentage
= $37,000/$750,000 x 100
=0.0493333 x 100
=4.933%
2. Community project
community project has been allocated $22,500
As a percentage
= 22,500/750,000 x 100
=0.03 x 100
=3%
3. Employee fitness
The amount allocated to employee fitness is $7500
As a percentage
=$7500/$750,000 x 100
=0/01 x 100
=1%
4. The total amount spent is
=, $37,000 +$22,500 +$7,500.
=$67,000