Answer: unitary price elastic
Explanation:
A good is unitary price elastic if a change in price leads to the same proportional change in quantity demanded.
The coefficient of a good with unitary elasticity is 1 .
Coefficient of elasticity = percentage change in quantity demanded / percentage change in price
= 5% / 5% = 1
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Answer: The answer is C credit for other dependents
Explanation:
This is a reduction in tax liability given by the government to the tax payers for each of their children who still depends on the parent for some kind of support. The reduction in the tax liability given to parents include a sum of $500 for each of the children who still depend on their parents. This form of tax credit is given to children who is between the ages of 17- 23 years like in the case of Milo who is 17 years and unmarried. The chiidren who will enjoy this reduction in tax liability must be a students like in the case of Milo who is a full - time student working towards a degree in computer information system.
The tax credit criteria for qualification also include that the tax payers must be the one responsible for half of the dependent support, in addition, the dependent income must be low like in the case of Milo above whose income was $3,800 in wages and $400 of dividend income. This tax reduction can also be given to tax payers in respect of parents or grand parents who still depends on the tax payers for support. To also qualify for the tax reduction the dependent in question must be a United States citizens and must have a valid social security numbers like in the case of Milo above and Aurora the parent who are both U.S citizens and also they possess a valid social security numbers
Total cost of 10000 snowboards
Per unit Total
Direct material 100 1000000
Direct Labor 30 300000
Variable overhead 45 450000
Fixed overhead 635000
Fixed selling and administrative costs 115000
Total cost of 10000 snowboards 2500000
Cost of one snowboard = Total cost of 10000 snowboards / Total number of snowboards
Cost of 1 snowboard $ 250
Thus, the cost of 1 snowboard = $ 250
Now, the selling price is set as = Total costs + 15 % on total costs
Selling price = $ 250 + (15 % × $ 250)
Selling price = $ 250 + $ 37.50
Selling price = $ 287.50 per snowboard
Answer:
a) Enterprise resource planning (ERP)
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north captured the New Orleans port
