Answer:
B. the percentage change in the quantity demanded divided by the percentage change in price.
Explanation:
The formula to compute the price elasticity of demand is shown below:
= (Percentage change in quantity demanded ÷ Percentage change in price)
where,
The Percentage change in quantity demanded equals to
= (New quantity - old quantity) ÷ ((New quantity + old quantity)
And, the Percentage change in price equals to
= (New price - old price) ÷ ((New price + old price)
Answer: Yes, the list can consist of any mix of numbers, bullets and/or letters.
Explanation:
Multilevel lists is a list that allows one to create an outline which has multiple levels.
Since Shelly wants to make the top level bullets, the next level numbers, and the next level after that bullets again, this is possible as the list can consist of any mix of numbers, bullets and/or letters.
Answer:
Date Account Titles Debit Credit
Oct 1 Cash $16,800
Common Stock $16,800
Oct 2 No journal entry - -
Oct 3 Office Furniture $2,500
Accounts Payable $2,500
Oct 6. Accounts Receivable $3,
400
Service Revenue $3,400
Oct 27 Accounts Payable $1,100
Cash $1,100
Oct 30 Salaries Expense $2,650
Cash $2,650
Answer:
The correct answer is b. The letter of intent is an invitation to negotiate, which is not an offer.
Explanation:
The letter of intent is a document that is written as a pre-agreement between two people or two entities that have the commitment and the intention to proceed further and formalize a contract. They resemble a contract, but unlike these, it is not binding.
We may think that the fact that the letter of intent is not binding makes it lose its value or its usefulness as a practical tool. But the reality is that it serves as proof of will, and such proof may be sufficient proof for other clients or other participants to decide to withdraw.
In addition, the letter of intent itself implies the existence of a negotiation, where those easier questions usually appear, by mutual agreement. Leaving for the real contract, those more complex issues that require more negotiation.
