If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about <u>2.5%</u>.
Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.
we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.
Learn more about Price elasticity here: brainly.com/question/24384825
#SPJ4
Since you provide no options, Stock investment may pay dividend
The amount of dividend will be depended on how many stocks you own and how much is that's company net income in that year
for example, if you own 10 % of the company, and the company announced that they will pay $ 10,000 as dividend this year, you will get dividend payment of $ 1,000
People often visits tourist attraction sites. That there has been an increase in ecotourism, which is tourism to exotic, often threatened natural environments refers to <u>ecological </u>factors.
<h3>What influences tourism?</h3>
Ecotourism is known to be a new trend in the tourism industry. A factor analysis was done and five environmental factors were known to have a negative impact on tourists experience. They include;
- Pollution
- Tourism product offering
- Park violation,
- Environmental management
- Tourism impacts.
Learn more about Tourism from
brainly.com/question/5501800
Answer:
Explanation:
Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour
Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55
Job R:
Direct cost:
Job R - 120H*65=7800
Add: Indirect cost:
120H* 55=6600
TOTAL R JOB=14400
Job P:
DC:
Job P - 160H*65=10400
IC:
160H*55=8800
TOTAL P JOB=19200
I'm pretty sure B
Explanation:
I dont knowing I'm correct but give meh a rating if I'm right
