Answer:
3
Explanation:
We are asked to use the midpoint formula.
Here, instead of dividing the change in values by the old value as in the normal elasticity calculation, we use the average of the two.
Mathematically:
Price elasticity of demand according to midpoint formula is :
{Q2 - Q1 / (Q2 + Q1) ÷ 2] × 100%} ÷ {[P2 - P1/ (P2 + P1) ÷ 2] × 100}
Price changed from 5 to 7. The midpoint of 5 and 7 is the average = (5+7)/2 = 6
% change in price in this case is (7-5)/6 * 100 = 100/3 = 33.33%
% change in quantity:
We first find the average = (12+4)/2 = 16/2 = 8
% change = (4-12)/8 * 100 = -100%
The elasticity of demand is thus -100/33.33 = 3
Answer:
False
Explanation:
Annual cash inflow = Sales revenue - Cash expenses
Annual cash inflow = $16,000 - $8,000
Annual cash inflow = $8,000
Cost of machine = $48,000
Payback period = Cost of machine/Annual cash inflows
Payback period = $48,000/$8,000
Payback period = 6 years
So, the payback period for the machine is 6 years.
This process of moving personnel, equipment, and materials to meet operational requirements is known as:
- Joint reception,
- staging,
- onward movement,
- Integration
<h3>What is Personnel Management?</h3>
This refers to the handling and administrative functions of making workers or personnel in an organization.
Hence, we can note that based on this essential process of moving personnel, equipment, and materiel in theater into forces capable of meeting operational requirements are collectively known as Joint reception, staging, onward movement and Integration
Read more about personnel management here:
brainly.com/question/10583893
A wire connector bearing no marking or reference to al, cu, or alr is suitable for use with copper aluminum conductors only.
A conductor, or electrical conductor, is a substance or material that lets in energy to glide via it. In a conductor, electrical charge companies, generally electrons or ions, circulate without difficulty from atom to atom while voltage is carried out. A conductor, or electrical conductor, is a substance or cloth that allows strength to go with the flow via it. In a conductor, electrical rate providers, generally electrons or ions, flow without problems from atom to atom while voltage is implemented.
A conductor allows modern to glide easily thru it. Insulators do not permit modern to glide via it. electric fee exists at the surface of conductors. electric charges are absent in insulator. Conductors do not keep electricity when kept in a magnetic discipline.
Conductors are a category of materials that allow electrons to float without difficulty that is called electricity and are a useful way to move energy. maximum conductors are metals, and maximum metals are conductors, but a few metals are higher conductors than others.
Learn more about conductors here:-brainly.com/question/492289
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Answer:
Assets are the economic resources of a business that are expected to be of benefit in the future. Liabilities represents the claims to the stockholders' equity held by the stockholders of the business.
Explanation:
The accounting equation formed the basis for what is today termed as the double-entry system of accounting. It involves the balance of assets on one side and liabilities and share holders equity on the other side. When recording accounting statements after a certain financial period, the total assets should be equal to the sum of the liabilities and the shareholder's equity. The accounting equation can be expressed as follows;
Assets=liabilities+shareholder's equity
The assets are all the items owned by a company or business that are of economic value to that particular company. The assets are often expected to be of future benefit. Liabilities of the other hand represents the claims to the stockholders' equity held by the stockholders of the business. The stockholder's equity is the shared value that the stockholder's will receive when the assets and liabilities are liquidated.
