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lubasha [3.4K]
2 years ago
13

Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to

P 1 , quantity demanded is Q 1 . Move the components of the midpoint formula for elasticity of demand to their correct positions.
Business
1 answer:
dsp732 years ago
4 0

Answer and Explanation:

The formula to compute the price elasticity of demand is as follows:

= Percentage change in quantity demanded ÷ percentage change in price

At Price P0, the Quantity demanded is Q0

And,

At Price P1, the Quantity Demanded is Q1

Just like this, it could be computed

\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2} divided by \frac{P_1 - P_0}{(P_1 + P_0)/2}

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ivanzaharov [21]

Answer:

B. Information management

Explanation:

Information management refers to managing the sources of information that a company uses, and distributing the information received to the internal users. It involves identifying information needs, developing information services, and distributing and using that information.

3 0
3 years ago
You are given the following information for O'Hara Marine Co.: sales = $75,500; costs = $35,200; addition to retained earnings =
pshichka [43]

Answer:

O'Hara Marine Co.

Depreciation Expense is:

$13,903

Explanation:

a) Data and Calculations:

sales = $75,500;

costs = $35,200;

addition to retained earnings = $9,580;

dividends paid = $8,420;

interest expense = $2,620;

tax rate = 23 percent

Net Income:

addition to retained earnings = $9,580;

dividends paid = $8,420

Total net income = $18,000

Pre-tax Income = $18,000/0.77 = $23,377

Income tax (23%) of $23,377 = $5,377

After Tax Income = $18,000 ($23,377 - 5,377)

Depreciation:

sales = $75,500

costs = $35,200

Gross profit =     $40,300

Less interest         (2,620)

Less net income  (23,777)

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6 0
2 years ago
Unscramble the vocabulary word from chapter 12: tubdeg
vredina [299]

Answer: budget

Explanation:

6 0
3 years ago
Celgene Corporation, a biopharmaceutical company based in New Jersey, develops cutting-edge drugs in a highly regulated environm
dezoksy [38]

Answer:

At Celgene, the environment is  <u>  dynamic  </u> because of the <u>  speed of change  </u> and because of the <u>  number of changing factors   </u> . Resources are <u>  scarce  </u> .

The managers at Celgene are facing conditions of <u>  high  </u> uncertainty. This means that it will be <u>   difficult  </u> for them to make strategic decisions about the types of products the company will offer in the future.

Explanation:

From the short passage leading to the question the following points have been used in the answers provided:

a. dynamic: the change in the areas such as informatics, functional genomics and regulations means that the operating environment is dynamic not static

b. speed of change: the statement <em>"evolve on a daily basis" </em>shows a fast pace of changing conditions

c. number of changing factors: the factors changing include informatics, functional genomics and regulations.

d. resources are scarce due to expensive researches and difficulty in acquisition of stem cells.

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7 0
3 years ago
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Mars2501 [29]

Answer:

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We simply applied the above formula so that the target selling price could be determined

8 0
3 years ago
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