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antiseptic1488 [7]
3 years ago
13

Cory's coffee cafe priced its caffeine delights at ​$1.00​, they sold 150 per day. when the price was ​$2.00​, they sold 100 per

day. based on this information and using the​ average-values formula, the absolute value of the price elasticity of demand for caffeine delights is
a. 1.67
b. 3.03
c. 0.33
d. 0.60 based on the above​ calculation, demand for caffeine delights is considered to be ▼ inelastic unit-elastic elastic .
Business
1 answer:
swat323 years ago
3 0
I think the answer is b. 3.03
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All other factors being equal, what would the premium be like in a survivorship life policy as compared to the premium in a join
Marizza181 [45]

Answer: The correct answer is "B. lower".

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The premium is lower in a survivorship life policy as compared to the premium in a joint life policy.

3 0
3 years ago
Which of the following statements is CORRECT?
Romashka [77]

Answer:

D. The threat of takeovers tends to reduce potential conflicts between stockholders and managers.

Explanation:

As with the threat of takeover, there comes the risk of losing control, power, monetary benefits, the stockholder's tend to agree with managers, and the manager's tend to agree with stockholders.

As both aims for no takeover of the company, both work in for each other, agreeing to the suggestions placed.

There is no dis-regard to any of the suggestions paid by any of the party. This threat actually creates moral harmony and unity among stakeholders and management.

Therefore, correct answer is:

D. The threat of takeovers tends to reduce potential conflicts between stockholders and managers.

8 0
3 years ago
You are trying to choose between two stocks, Widget and Gadget. Widget has a current stock price of $30 and earnings per share o
gizmo_the_mogwai [7]

Answer:

Gadget will have higher earning.

Explanation:

Price Earning Ratio is the ratio of Market price to the earning per share. PE Ratio measure the effect of earning over the market price of the company.

Widget

Stock Price = $30

Earning per share = $2

PE ratio = $30 / $2 = 15 times

Gadget

Stock Price = $30

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PE ratio = $20 / $1 = 20 times

Gadget will have higher earning.

7 0
3 years ago
Which best explains how the law of demand affects consumers?
yuradex [85]
It helps tell producers when a price is too high
6 0
3 years ago
Last year, Linus earned a salary of $25,000 and he spent $24,000, thus saving $1000. At the end of the year, he received a bonus
Evgen [1.6K]

Answer:

0.5

Explanation:

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$500 / $1000 = 0.5

I hope my answer helps you

8 0
3 years ago
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