Percentage change in quantity demanded/percentage change in price is the basic formula for the price elasticity of demand coefficient.
<h3 /><h3>What is price elasticity?</h3>
Price elasticity is the degree of an individual that person or a consumer can pay to the change in the price of the commodity, it is calculated the price a consumer is willing to pay versus the amount of quantity supplied to the person.
Thus, Percentage change in quantity demanded/percentage change in price
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Answer:
Demand decreases.
Explanation:
If demand decreases while supply remains unchanged, equilibrium price and quantity would fall.
If supply increases, equilibrium price would fall and quantity would rise.
If supply decreased, equilibrium price would rise and quantity would fall
If demand increases, equilibrium price and quantity would rise.
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Answer:
handwritten thank-you note
Explanation:
Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general
guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a
handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.
Answer:
Answer is B. She should use 28-point fonts for titles and 18-point fonts for body text.
Refer below.
Explanation:
Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiques, to include behavioral training in employee interactions with canine clients. It hits every mark but one: it is difficult to visually distinguish key points from the rest of the slides. As a trusted colleague, the suggestion beloe might you give her to improve her presentation for ease of processing:
She should use 28-point fonts for titles and 18-point fonts for body text.
Answer:
Break-even point in units= 1,860
Explanation:
Giving the following information:
Selling price= $250 per uni
Fixed costs= 109,900 + 290,000= $399,900
Unitary variable cost= 29 + 6= $35
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 399,900 / (250 - 35)
Break-even point in units= 1,860