Answer:
The elasticity of supply for hot cocoa is 1.43.
(D) Supply in the market for coffee is less elastic than supply in the market for hot cocoa
Explanation:
Using the midpoint formula,
Elasticity of supply for hot cocoa = (change in quantity supplied/average quantity supplied) ÷ (change in price/average price)
change in quantity supplied = 101 - 31 = 70
average quantity supplied = (101+31)/2 = 66
70/66 = 1.06
change in price = 9.75 - 4.5 = 5.25
average price = (9.75+4.5)/2 = 7.125
5.25/7.125 = 0.74
Elasticity of supply for hot cocoa = 1.06 ÷ 0.74 = 1.43. The supply for hot cocoa is elastic because the elasticity of supply is greater than 1.
Elasticity of supply for coffee = (73 - 31)/(73+31)/2 ÷ 0.74 = 42/52 ÷ 0.74 = 0.81 ÷ 0.74 = 1.09. The supply for coffee is elastic because the elasticity of supply is greater than 1.
However, supply in the market for coffee is less elastic than supply in the market for hot cocoa because the elasticity of supply for coffee is less than that of hot coffee.
Answer:
I would reccomend her, but I would tell the other company to be careful. She may not have been proven guilty, but it doesn not mean that she did not do it. Now, it is all up to the company to make the choice.
Explanation:
Answer:
$1,467.88
Explanation:
Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.
In this case, the gross pay is $1,828. The total taxes are $ 360.12.
The net pay will be $1,828 -360.12.
= $1,467.88
The movie outlines two contemporary rising or resurgent nations which may be planning to alter the current international system China and Russia.
<h3>What exactly does International System mean?</h3>
In politics, the phrase "international system" can be used to describe: It is the world's conglomeration of states. The phrase can also be used to refer to pre-industrial international state systems. It is frequently used to describe twentieth-century international systems.
<h3>What distinguishes the International System?</h3>
The existing global system is marked by a diffusion of authority among various state and non-state actors, a change in the balance of regional and international powers, a relative waning of long-established Western nations and the emergence of new centers of power, growing significance of regional cooperation, and a return to the Cold War-era power structures.
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