Answer:
the coefficient of elasticity is 0.5. Thus, demand is inelastic.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Price elasticity = 2/4 = 0.5
Because demand is less than1, big g has an inelastic demand.
I guess the correct option is D.
The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.
Being involved in extracurricular activities can help you stand out on your college applications because it shows that you are skilled in more than 1 thing. Depending on the extracurricular you’re taking, you could be very good at strategic and critical thinking. This could be helpful in your future. Colleges do what the best of the best. Being involved in extracurricular activities also can show that you can take on more than 1 task. A lot of people can’t multitask or have a short attention span. This could be really good.
2. If I could create my own club or organization it would be one that explores individuals talents. Not a lot of people are sure what they want to be when they get older and I’d like to help them with that. Not any skills to be exact. The requirements would be to be serious about this, having manners, self-control, bring able to know what to respond to and what not, getting help instead of taking things into their own hands, and good listening.
3. Yes. You could use my first response as the answer to this question. There’s too many reason why getting into extracurricular activities is beneficial to getting the career of your dreams.9
The formula is
A=p (1+r)^t
A future value 500000
P present value. ?
R interest rate 0.06
T time 11 years
Solve the formula for p by dividing both sides by (1+r)^t to get
P=A/(1+r)^t
P=500,000÷(1+0.06)^(11)
P=263,393.76
he should deposit 263393.76 now to attain 500000
Hope it helps!
Background-- part of a business proposal discusses the history of a product, service, or company with a focus on the relationship between the writer and a potential buyer
What is business proposals?
Effective business proposals are built around a great idea or solution. While you may be able to present your normal product, service, or solution in an interesting way, you want your document and its solution to stand out against the background of competing proposals.
An effective business proposal:
informs and persuades efficiently. It features many of the common elements of a report, but its emphasis on persuasion guides the overall presentation.
How do you introduce a business proposal?
You should write the introduction to your proposal first, quickly summarizing all sections of the business plan. It should also be the last part of the plan you work on. The overview in the introduction will help you to know what to cover as you write all parts of the business plan in greater detail.
Learn more about business proposals:
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