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
Dmitry_Shevchenko [17]
3 years ago
10

g The price elasticity of gasoline demand in the United States is 0.4 If the price of gasoline rises by 8 what is the expected c

hange in the quantity of gasoline demanded in the United States Group of answer choices 5 20.0 3.2 3.2 5
Business
1 answer:
Phantasy [73]3 years ago
8 0

Answer: 3.2

Explanation:

The price elasticity of demand shows the change in quantity demanded of a good in response to a change in its price.

Price elasticity of demand = Change in quantity demand / Change in price

0.4 = Change in quantity demanded / 8

Change in quantity demanded = 0.4 * 8

= 3.2

You might be interested in
describe a shopping good that you are someone you know purchase what kind of research did you are that person do before buying t
saveliy_v [14]
A shopping good that someone I know purchased is a dining set.The person conducted online research and compared the different options before settling on the item. The research was also mainly conducted on Google and Amazon. This involved reading peer reviews to decide the best product to purchase. <span> </span>
8 0
4 years ago
What are 3 advantages of going to trade/vocational schools after high school?
svetlana [45]

Answer:

1 It is a form of entertainment

2 you can dedicate time to your passions

3 they're helpful for your mental health

6 0
3 years ago
Explain how a country could have a deficit on its primary income but a current account surplus. 4 marks​
Tatiana [17]
<h2>The following are the reasons for how a country could have a deficit on its primary income but a current account surplus:</h2>

  • The identified and associated sources of primary income would be different than the sources of financial activities that reflect their collection in the current account.
  • The expenses on developmental activities could be drawn from the primary account rather than drawing them directly from the current account.
  • There could be diversions of funds to manage the accounts in order to earn interest on them.
7 0
4 years ago
The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Cash sales are normally 30% of to
nadezda [96]

Answer:

<u>Thus Calculation of September Cash Receipts is as follows:</u>

September Sales ( $170,000 × 30%)  = $51,000

August Sales ( $150,000 × 55%)        =  $82,500

Total                                                     =  $133,500

Explanation:

September cash receipts will include the following :

  1. 30% of September Sales
  2. 55% of August Sales

<u>Thus Calculation of September Cash Receipts is as follows:</u>

September Sales ( $170,000 × 30%)  = $51,000

August Sales ( $150,000 × 55%)        =  $82,500

Total                                                     =  $133,500

5 0
3 years ago
Which of the following is an example of a basic requirement for a fulfilling career?
jekas [21]
The best and most correct answer among the choices provided by your question is the fourth choice or letter D.

<span>An example of a basic requirement for a fulfilling career is grabbing opportunities to learn and grow.</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
6 0
3 years ago
Other questions:
  • As prosperity and economic development rise, ________ increases as well.
    6·1 answer
  • Lilly's team had trouble keeping up with all the changes being made to the
    15·2 answers
  • Operating cash flow is defined as:A. a firm's net profit over a specified period of time.B. the cash that a firm generates from
    6·1 answer
  • Benefit payments made on a ____________ basis are not scheduled, but are based on the average fee charged by all doctors in a gi
    13·1 answer
  • You establish a straddle on Fincorp using September call and put options with a strike price of $80. The call premium is $7.00 a
    8·1 answer
  • Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
    14·1 answer
  • On April 1, 2017, La Presa Company sells some equipment for $18,000. The original cost was $50,000, the estimated salvage value
    13·2 answers
  • Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
    9·1 answer
  • A client would like to implement a management information system that integrates all functional areas within an organization to
    13·1 answer
  • Marketing channels can achieve economies of scale through:a. overcoming spatial discrepanciesb. overcoming temporal discrepancie
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!