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NemiM [27]
3 years ago
10

Suppose that in a week the price of Greek yogurt decreases from $1.75 to $1.25 per container. At the same time, the quantity of

Greek yogurt demanded at a typical grocery store increases from 10,000 to 18,000 containers per month. What is the price elasticity of demand for Greek yogurt
Business
1 answer:
kirill [66]3 years ago
6 0

Answer:

1.11

Explanation:

New price = 1.75

Old price = 1.25

Price percentage= 1.75-1.25/1.25

= 0.5/1.25

= 0.4

New quantity = 18,000

Old quantity= 10,000

Quantity percentage, = 18000-10/000/18000

= 8000/18000

= 0.44

Price elasticity= 0.44/0.4

= 1.11

Hence price elasticity is 1.11

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timofeeve [1]

Answer:

$23,520

Explanation:

The computation of book value of the machine is shown below:-

Machine cost                           $28,000

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($28,000 - $2,800) ÷ 6

Book Value at beginning

of Year 2                                    $23,800

Add: Improvements                   $7,000

Total                                             $54,600

Less: Accumulated

Depreciation for 3 years            $31,080

($54,600 - $2,800) × 3 ÷ 5 years

Book Value Dec 31, Year 4         $23,520

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3 years ago
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7 0
3 years ago
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Labeling researchers focus on "extra legal" variables to explain differences in arrest and prosecution rates as well as entencin
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Extralegal factors are those that are not covered or regulated by law. Examples of these factors or variables include gender, age, social class, race and economic status. Consciously or not, these variables can be taken as "biases" that may affect prosecution and arrest of certain individuals. 
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3 years ago
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arlik [135]
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So the Answer is BONDS
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Answer:

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Explanation:

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