Answer:
the arc price elasticity of supply is 
Explanation:
Given:
P1: $1 and Q1 = 5 thousand tons
P2:$2 and Q2 = 55 thousand tons
We need to find:
%ΔQ = 
= 
= 
%ΔP = 
= 
= 
As we know that, the arc price elasticity of supply :
E = %ΔQ / %ΔP
<=> E = 
=
Answer:
Six Factors That Affect Economic Growth
Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...
Physical Capital or Infrastructure. ...
Population or Labor. ...
Human Capital. ...
Technology. ...
Law.
Answer:
The amount of the cost of goods sold for this sale is $386
Explanation:
For computing the cost of goods sold, first, we have to find out the per unit of the cost which is shown below:
Per unit of cost = (Total purchase cost) ÷ (total units purchased)
where,
Total purchased units = Number of units × purchase price per unit + Number of units × purchase price per unit
= 30 units × $11 + 35 units × $13
= $330 + $455
= $785
And, the total units purchased equal to
= 30 units + 35 units
= 65 units
Now put these values to the above formula
So, the per unit would equal to
= $785 ÷ 65 units
= $12.07 per unit
So, the cost of goods sold equal to
= Number of units sold × per unit
= 32 units × $12.07 per unit
= $386.46
The "Joe Camel" campaign provides evidence of how targeted advertising impacts adolescents' decision making to smoke and which brand to smoke. The Joe Camel commercials were attractive to young kids and teens because they used a fictional character that they can relate to shows they have or still watch. When kids are attracted to something that reminds them of what they know, good or bad, they are commonly drawn to using that to make a decision.
