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liraira [26]
2 years ago
5

If the price elasticity of supply is 0.5 and the quantity supplied decreases by 6%, then the price must have decreased by 3%. a.

True b. False
Business
1 answer:
PolarNik [594]2 years ago
3 0

Answer: False

Explanation:

The price elasticity of supply measures the change in quantity supplied when the price changes.

The basic trend is that when price increases, quantity supplied increases as well. The reverse is true.

Price elasticity of supply = %Change in quantity supplied / % change in price

0.5 = -6% / Change in price

0.5 * Change in price = -6%

Change in price = -6% / 0.5

= -12%

The statement above is therefore false because price should have reduced by 12% for quantity supplied to reduce by 6%

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Reserves$72Checkable Deposits$240 Securities110Loans from Federal Reserve Banks2 Loans60 Consolidated Balance Sheet: Federal Res
mamaluj [8]

Answer:

d. directly increase by $2 and the money-creating potential of the commercial banking system will increase by $6

Explanation:

Note: The organized table of the question is attached as picture below

Total increase in money supply = (1/Reserve ratio)*2

Total increase in money supply = (1 / 0.25) * 2

Total increase in money supply = 4 * 2

Total increase in money supply = 8.

Out of which 2 is directly increased because fed deposits 2 into checking deposits and 6 is indirectly increased.

5 0
2 years ago
Sorry to bother but i need someone to talk to me if your older than 15 don't bother to message thank,you❤
Elden [556K]

Answer:

Does 16 mean no too?

Explanation:

7 0
3 years ago
Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return o
alekssr [168]

The profitability index decision rule of the project equals 2.45 year and thus, the project should be accept to be embarked on.

<h3>What is a profitability index?</h3>

The rule refers to a decision-making exercise that helps to evaluate whether to proceed with a project based on its profitability.

Hence, because the profitability index decision rule of the project equals 2.45 year and thus, the project should be accept to be embarked on.

Read more about profitability index

<em>brainly.com/question/18089407</em>

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4 0
2 years ago
Hector works as an office assistant for a small, five-person software development start-up. Since it is a relatively new company
gladu [14]

Answer:

The correct answer is letter "A": emotion-focused cognitive coping.

Explanation:

Emotion-focused cognitive coping is a practice by which individuals relieve stressful situations by looking at the bright side of the problem. emotion-focused cognitive coping can be positive when the stressors relievers result in beneficial activities for the individuals (<em>journalizing emotions</em>) or negative when they affect the individuals' lifestyle (<em>drug or alcohol abuse</em>).

7 0
3 years ago
You have a small business that makes $50,000 accounting and economic profit for you. As a disabled person, you must work at home
kifflom [539]

Answer: This means: "d. Your economic profit has gone down and your accounting profit has stayed the same."

Explanation: The difference between the accounting and economic benefit is associated with the type of cost that each includes:

The accounting benefit is nothing more than the difference between income and cost.  In this case it is still $50000.

The economic benefit includes not only explicit costs. The economic benefit is the difference between income and total costs (explicit and implicit). Therefore, this benefit is less than the accounting benefit. Because in this case the cost of working at home is considered.

5 0
3 years ago
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