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baherus [9]
2 years ago
14

Which expressions correctly states the version of the elasticity formula to predict the change in quantity demanded?

Business
1 answer:
VashaNatasha [74]2 years ago
7 0

Answer:

a. percentage  change  in  quantity  demanded  divided  by  percentage  change  in  price  equals  price elasticity of demand

Explanation:

As we know that

The price elasticity of demand shows the relationship between the change or varied in quantity demanded with respect to change or varied in price

Here the change or varied in quantity demanded comes on the numerator side while the change or varied in price comes on the denominator side

So the first option is correct

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Green Field county stadium is planning to conduct a cricket match between two teams A and B. A large crowd is expected in the st
ANTONII [103]

Answer:

Mode Name: BS-485 Half Duplex Mode 2 wires

Reason 1:  less Noisy

Reason 2:  Allows upto 32 receivers

Explanation:

The BS-485 is an electrical interface, that supports half-duplex mode through 2 wires, and full-duplex mode through four wires. However, here, we only need the half-duplex mode, and that is enough as the recordings are to be shown on the screen, which is the receivers, and they do not need to talk to the transmitter, while the transmitter is transmitting the recordings to the screen. And since, BS-485 supports around 32 receivers, its more than enough for this question requirement. So its half-duplex mode, and an example of the Serial data transmission. And also, it's synchronous, as there is no stop in between the data packets.

4 0
3 years ago
Central City needs to have an income of $3,560,000. The total property is valued for taxation at $92,000,000.What is the tax rat
asambeis [7]

Answer:

3.87%

Explanation:

Data provided in the question:

Income needed by the central city = $3,560,000

Total Value of the property for the taxation = $92,000,000

Now,

The income needed by  the central city = Tax collected

or

The income needed by  the central city = Total Value of the property for the taxation × Tax rate

or

$3,560,000 = $92,000,000 × Tax rate

or

Tax rate = $3,560,000 ÷ $92,000,000

or

Tax rate = 0.0387

or

Tax rate = 0.0387 × 100%

= 3.87%

5 0
3 years ago
Aquaguard manufactures three models of water purifiers in three separate plants at Taiwan. These plants serve the demand in Euro
Zanzabum

Answer:

Aquaguard may choose any of the  two models to minimize the production variability in the new plant.

Explanation:

Model 1: Mean = 1000, Standard Deviation(SD) = 300

Model 2: Mean = 1000, SD = 300

Model 3: Mean = 1000, SD = 300

Coefficient of variation for model 1

C.V = ( SD ÷ Mean) × 100

= ( 300 ÷ 1000 ) × 100

= 30 %

Coefficient of variation for model 2

= ( 300 ÷ 1000 ) × 100

= 30 %

Coefficient of variation for model 3

= ( 300 ÷ 1000 ) × 100

= 30 %

 We conclude that all the models have same effect .

5 0
3 years ago
An accounting system that provides information that management can use to evaluate the performance of a department's activities
Nataliya [291]

Answer: D. Departmental accounting system.

Explanation:

As the term implies, Departmental accounting system engages in accounting for individual departments. The financial information of the department of interest will be recorded as well as other activities.

Management will then use this information to analyze and understand how well the department is doing. The information will also tell them if the department is being cost efficient and profitable.

6 0
3 years ago
Use the concepts of gross investment and net investment to distinguish between an economy that has a rising stock of capital and
Vlada [557]

Answer & Explanation:

because negative net investment means the economy produced no new capital goods in that year.

5 0
3 years ago
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