Answer:
Instructions are listed below
Explanation:
Price elasticity of demand is an economic measure of the change in the quantity demanded or purchased of a product to its price change. If the quantity demanded of a product exhibits a large change in response to changes in its price, it is termed "elastic," that is, quantity stretched far from its prior point. If the quantity purchased has a small change in response to its price, it is termed "inelastic", or quantity didn't stretch much from its prior point.
Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price
A) PED= [(Q2-Q1)/Q1]/[(P2-P1)/P1]
PED= [(1.5-1)/1]/[(60000-100000)/100000]= 1.25
B) PED= [(1-1.5)/1.5]/[(100000-60000)/60000]= 0.5
C)Midpoint formula:
PED= {(Q2-Q1)/[(Q2+Q1)/2]}/{(P2-P1)/[P2+P1)/2]}
PED= {(60000-100000)/[(60000+100000)/2]}/{(1-1.5)/[1+1.5)/2]}
PED=0.5/0.4= 1.25
D) Midpoint formula:
PED= {(Q2-Q1)/[(Q2+Q1)/2]}/{(P2-P1)/[P2+P1)/2]}
PED= {(100000-60000)/[(100000+60000)/2]}/{(1.5-1)/[1.5+1)/2]}
PED= 0.5/0.4= 1.25
I would say accounts payable since it is a debit or it means money that has to be paid out most likely for a product or a service such as the cost of drilling at a mine say which would be taken off the budget and thus reduce the balance of the budgeted amount.
Answer:
"The dependent variable" "The independent variables"
Explanation:
When adding additional predictors to a regression analysis, you should try to find predictors that are related to the dependent variable but not the independent variables.
Moral entrepreneurs people who wage moral crusades to control criminal law so that it reflects their own personal values. Criminals are driven by unconscious thought patterns, developed in early childhood, that control <span>behaviors over the life course.</span>