I just took this test on e2020 an he answer is false
Answer is in a photo. I couldn't attach it here, but I uploaded it to a file hosting. link below! Good Luck!
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Answer:
the absolute value is -0.33 and it is inelastic
Explanation:
The computation is shown below:
The Absolute value of Price Elasticity of Demand (PED) is
= Percentage Change in Quantity Demanded ÷ Percentage Change in Price
= 0.05 ÷ (-0.15)
= -0.33
Since the price elasticity of demand is less than one so here there is an inelastic demand
Therefore the absolute value is -0.33 and it is inelastic
Answer:
In the third football game, the team's defense give up 10 points.
Explanation:
In two games, team has given up average of 28 points per game.
So, total points given up in two games is:
= (28 × 2)
= 56 points.
In three games, team has given up average of 22 points per game.
So, total points given up in three games is:
= (22 × 3)
= 66 points.
Points given up in third game:
= Total points given up in 3 games - Total points given up in 2 games
= 66 points - 56 points
= 10 points
So,
In the third football game, the team's defense give up 10 points.
Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
