Answer:
0.079
Explanation:
Price elasticity of demand using midpoint formula can be calculated as follows
Formula
Elasticity of demand = (change in quantity/average quantity)/(change in price/average price)
Calculation
Elasticity of demand = (600/10,900)/(-2.1/3.05)
Elasticity of demand =-0.055 / -0.688
Elasticity of demand =-0.079
working
Change in price (2-4.1) = -2.1
Average price (2+4.1)/2=3.05
Change in quantity (11,200-10600) = 600
average quantity (11,200+10,600)/2 = 10,900
The elasticity of demand is inelastic as the elasticity is below 1.
Answer:
the amount of interest that is collected is $503.75
Explanation:
The computation of the amount of interest that is collected is shown below:
= Cash loan × number of days ÷ total number of days × rate of interest
= $31,000 × 90 days ÷ 360 days × 6.5%
= $503.75
Hence, the amount of interest that is collected is $503.75
This is the answer but the same is not provided in the given options
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Yvonne’s job involves of ticketing and marking. This is
where products are being labeled with identification or that price tags were
being assigned to each products for consumers to have the knowledge about the
product in which Yvonne’s job is involved to.
To limit the potential for war and other armed conflict, efforts by international bodies must be increased, particularly at United Nations well-known organization.
Many conflicts since the 1990s have been resolved either through UN mediation or through the action of third parties acting with UN support. Examples from the recent past include Nepal, Liberia, Burundi, the Sudan's north-south conflict, and Sierra Leone. A 40% decrease in conflict worldwide since the 1990s is attributed to UN peacemaking, peacekeeping, and conflict prevention activities, according to research. Many potential conflicts have been avoided through preventive action taken by the UN and other organizations. On the ground, 11 UN peace missions deal with post-conflict situations and implement peacebuilding strategies.
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Learn more about United Nation (UN), here
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Answer: See explanation
Explanation:
The retained earnings will be calculated as:
= Begining retainers earnings + Net income - Dividend.
Year 1:
Retained earning = 0 + 2000 - 1700
= 300.
Year 2:
Retained earning = 300 + 2600 - 1600
= 1300
Year 3:
Retained earning = 1300 + 2600 - 2200
= 1700
Year 4:
Retained earning = 1700 + 5900 - 2900
= 4700
Year 5:
Retained earning = 4700 + 8800 - 3100
= 10400
