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NeX [460]
3 years ago
7

Which factor does not affect the elasticity of demand for a good?

Business
2 answers:
Len [333]3 years ago
7 0
An increase in population
cestrela7 [59]3 years ago
7 0

Answer:

an increase in population xxxxxxxxxxxx---- Answer

the importance of the good to the consumer

the consumer’s perception of the good as necessity or luxury

the availability of substitute goods

Explanation:

I just got 100% on this test

GRADPOINT

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the average rate of the 36 children in the group was 55 kgs children of average weight 53 cages left the group was the what new
Arlecino [84]

Complete Question:

The average weight of the 36 children in the group was 55 kgs. 5 children of average weight 53 kgs left the group.  What was the new average weight of the group in kg​?

Answer:

The new average weight of the group = 1,715/31 = 55.32 kgs

Explanation:

Average weight of 36 children = 55 kgs

Total weight of 36 children = 1,980 (36 * 55) kgs

Average weight of 5 children = 53 kgs

Total weight of 5 children = 265 (53 * 5) kgs

When 5 children of 53 kgs average weight left the group,

the remaining 31 children (36 - 5) had total weight = 1,715 (1,980 - 265)

Therefore, the new average weight for 31 children at a total of 1,715, will be

= 1,715/31

= 55.32 kgs

6 0
4 years ago
Today, a firm has a stock price of $14.26 and an EPS of $1.15. Its close competitor has an EPS of $0.48. What would be the expec
serg [7]

Answer:

$5.952

Explanation:

For the computation of expected price of the competitor's stock first we need to find out the P/E ratio of a firm which is shown below:-

P/E ratio of a firm = Stock price ÷ Earning per share

= $14.26 ÷ $1.15

= $12.4

Price of competitor's stock = P/E ratio of a firm × Earning per share

= $12.4 × $0.48

= $5.952

Therefore for computing the expected price of the competitor's stock we simply applied the above formula.

7 0
3 years ago
Ming Company had net income of $772,200 based on variable costing. Beginning and ending inventories were 7,800 units and 5,200 u
Otrada [13]

Answer:

$764,400

Explanation:

Given that,

Net income under variable costing = $772,200

Beginning inventories = 7,800 units

Ending inventories = 5,200 units

Fixed overhead per unit = $3

Net income under absorption costing:

= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]

= $772,200 - [(7,800 - 5,200) × $3]

= $772,200 - $7,800

= $764,400

7 0
4 years ago
Which careers are best suited for someone with a bachelor's degree but not a master's degree? Check all that apply. Utilities Me
dexar [7]

Answer:

  • Tax Examiner
  • Equal Opportunity Representative

Explanation:

Usually tax examiners perform tasks like: reviewing tax returns, contacting taxpayers, verify data through audits, evaluation financial information, notifying taxpayers about overpayments or underpayments.

Equal opportunity representative main role is to monitor and evaluate compliance with equal opportunity laws, which means that they must investigate employment practices or alleged violations of the Equal Opportunity Act and other laws and regulations that prohibit work discrimination.

4 0
4 years ago
In this question, assume that all variables other than price and quantity are held constant. At Betty's Burgers, the hamburgers
Akimi4 [234]

Answer:

Answer for the question:

In this question, assume that all variables other than price and quantity are held constant. At Betty's Burgers, the hamburgers have a price elasticity of demand-: 305 and Betty has increased sales by 85.00%.

Betty must have changed her price by

Due to the price change, Betty's total revenue will

Patty's Putts increased the price of a round of miniature golf by 76,0%, Patty has calculated her price elasticity of demand at 0.57. She can expect the number of golfers to

Patty can expect the number of golfers to change by

Patty can expect her total revenue to

is given in the attachment.

Explanation:

3 0
4 years ago
Read 2 more answers
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