Answer:
b. a 13.33 percent increase in the price of the good
Explanation:
We can write the price elasticity of demand as:
We have to guess which event produces a 10% drop in the quantity demanded (dQ/Q=-0.10).
Knowing the concept of elasticity, this can be produced by a price increase.
The amount of this increase can be estimated knowing the value of the PED (price elasticity of the demand).
Then, what causes the 10% drop in the demanded quantity is a 13.33% price increase.
Answer:
b. Income from both sole proprietorship and partnerships that is taxable is treated as individual income.
Explanation:
The correct choice is b according to the following statements. Because income from both the sole proprietorship and the partnership is treated as individual income because there are no specific tax levels or separate tax rates, the income generated in these types of business should be reported in their individual income tax returns.
Therefore, all other statements given are wrong as a general partnership is completely different from the company plus partnership is not the most complicated type of business. Not all business organizations have by-laws nor limited lives for sole ownership, but the partnership has also limited lives.
Answer:
c. the resignation
Explanation:
this would not affect the bottom line of the company and is therefore irrelevant
<span>From the choices, the correct answer is Force. Sue-Ellen took Charlie's cell phone without his permission because she wanted it. This is an example of distribution by "Force." It is not sharing and contest because the way Charlie took the phone is without permission and it's sudden.</span>
Answer:
C
Explanation:
which is a legal tender and it's generally acceptable