1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tia_tia [17]
3 years ago
11

Suppose that a 2% increase in price results in a 6% decrease in quantity demanded. Own-price elasticity of demand is equal to:

Business
1 answer:
sukhopar [10]3 years ago
6 0

Answer:

-3

Explanation:

PED= change in quantity demanded /change in price

You might be interested in
In a _____________________ contract, a family worked a small part of a large farm in exchange for part of the crop.
sweet [91]

In a tenancy contract, a family worked a small part of a large farm in exchange for part of the crop.

<h3>What is a tenancy contract?</h3>

Tenancy agreement or rental contract is a legally enforceable agreement that grants the renter use of a property for a specific usage and time period. The agreement outlines every aspect of the lease as well as the standards and expectations that were mutually agreed upon by the parties.

A lease, which is more common for a fixed time, is different from a rental agreement, which is a contract of the rental between the owner of a property and a renter who wants to have temporary possession of the property. Rental agreements are typically written.

An arrangement between you and a landlord is known as a tenancy agreement. As long as you pay rent and abide by the rules, you are permitted to occupy a property. It also outlines the tenancy's legal terms and restrictions.

A tenancy agreement is regarded as a periodic lease in the business world, with a one-month notice period for termination available to either the landlord or the tenant.

To learn more about tenancy contracts refer to:

brainly.com/question/939712

#SPJ4

5 0
2 years ago
What is meant by an ‘economic boom’?
Anvisha [2.4K]
The Economic boom<span> of the 1920s saw rapid growth in GDP, production levels and living standards. The growth was fuelled by new technologies and production processes such as the assembly line. The </span>economic<span> growth also caused an unprecedented rise in stock market values – share prices increased much more than GDP.

</span>
8 0
3 years ago
Read 2 more answers
On January 1, 2017, Vaughn Company purchased 12% bonds, having a maturity value of $312,000, for $335,654.22. The bonds provide
Illusion [34]

Answer: 9.9

Explanation:

7 0
3 years ago
If the company were to issue an annual zero-coupon bond with a maturity of 2 years and par value of $1,000, what would be the ar
Firdavs [7]

Answer:

Note: <em>The complete question is attached as picture below</em>

1a. The one year spot rate can be calculated using the one year zero bond.

PV * (1 + S1) = FV

1 + S1 = 1000 / 900

S1 = 1.1111 - 1

S1 = 0.1111  

S1 = 11.11%

1b. PV of the 2 year bond = $950

Annual coupon = 1000 * 5% = $50

950 = 50 / (1 + S1) + (50 + 1000) / (1 + S2)^2

950 = 50 / 1.1111 + 1,050 / (1 + S2)^2

1,050/ (1 + S2)^2 = 950 - 45 = 905

(1 + S2)^2 = 1050 / 905

1 + S2 = 1.160221/2

S2 = 7.714%

1c. Price of the 2 year zero bond = 1,000 / (1 + 0.07714)^2

Price of the 2 year zero bond = 1,000 / 1.1602

Price of the 2 year zero bond = 861.9203586

Price of the 2 year zero bond = $861.92

3 0
3 years ago
_____ do much of the actual work to prepare for cases and are heavily relied upon by lawyers and law firms.
olganol [36]
The correct answer is A) Paralegals. Hope this helps.
4 0
3 years ago
Other questions:
  • How do we provide Every day low price to our customers
    7·2 answers
  • Chang, Inc.'s balance sheet shows a​ stockholders' equity-book value​ (total common​ equity) of ​$750 comma 500. The​ firm's ear
    8·1 answer
  • When the market does not result in an efficient allocation of scarce resources, economists call this:
    5·1 answer
  • On December 31, year 3, Byte Co. had capitalized software costs of $600,000 with an economic life of four years. Sales for year
    13·1 answer
  • Business a decides to increase production of cars by buying new robots this is an example of
    6·1 answer
  • A salesperson shows his broker an offer for one of his listings that has a good faith deposit in the form of a promissory note.
    7·1 answer
  • Adams Company produces a product that sells for $33 per unit and has a variable cost of $13 per unit. Adams incurs annual fixed
    15·1 answer
  • Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75%
    7·1 answer
  • Economics is the study of how people try to satisfy unlimited wants and needs with limited resources.Question 20 options:TrueFal
    14·1 answer
  • Prior period adjustments to financial statements can result from: Multiple Choice Changes in estimates of salvage value. Materia
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!