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yulyashka [42]
3 years ago
7

Given Qx=20-5p where price is 3 units find the price elasticity​

Business
1 answer:
padilas [110]3 years ago
7 0

Answer:

Q_x=5

Explanation:

Given that,

The formula is :

Q_x=20-5p ....(1)

Where p is price

We need to find the price elasticity

Put p = 3 units in equation (1)

Q_x=20-5(3)\\\\=20-15\\\\=5

Hence, the price elasticity is 5.

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The main reason for the success of the Beats Electronics is: <u>B. it created a perception that owning its products was cool.</u>

<u>Explanation</u>:

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Beats Electronics made their customers to believe that owning their product is cool. They created a perception to the customers which made them to lead in the market.

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5 0
2 years ago
A portfolio consists of $13,400 in Stock M and $18,900 invested in Stock N. The expected return on these stocks is 8.50 percent
Aneli [31]

Answer:

The expected return on the portfolio is:

10.31% ($3,331.40)

Explanation:

a) Data and Calculations:

Portfolio investments:  Expected Returns %   Expected Returns $

Stock M = $13,400           8.50%                           $1,139

Stock N = $18,900          11.60%                           $2,192.40

Total        $32,300          10.31%                           $3,331.40

Total expected returns in percentage is Expected Returns $/Total Investments * 100

= $3,331.40/$32,300 * 100

= 10.31%

b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up.  Then dividing the expected portfolio returns by the portfolio investment.  This yields 10.31% percentage value.

3 0
3 years ago
A schedule listing account balances for the current and previous years, and columns for adjusting and reclassifying entries prop
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Answer:working trial balance

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Answer:

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Explanation:

The computation of the earning per share is shown below:

Earning per share = Net income ÷ common stock outstanding shares

where,

Net income is

= EBIT - interest expense - taxes

= $707,000 - $58,000 - $224,000

= $425,000

And, the common stock outstanding shares is 370,000

So, the earning per share

= $425,000 ÷ 370,000 shares

= $1.15 per share

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Kab works hand-in-hand with the usda people's garden initiative, which:
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