Answer:
0.34,
Explanation:
% change in qty = { (90-70) / [(90+70)/2} *100 = 25%
% chnage in price = { (7-15) / [(7+15)/2} *100 = -72.73%
PRICE ELA OF DEMAND = CHANGE IN QTY/ CHANGE IN PRICE
PRICE ELA OF DEMAND = 25/72.73 = 0.343
an increase in price from $7.00 to $15.00 results in an increase in total revenue.
Answer:
False
Explanation:
In a business report, the conclusions section explains what all the collected information means and summarizes the most important parts of the report.
While the recommendations section actually presents a list of suggestions and/or specific actions that should be taken.
There are blanks to fill in the paragraph.
A memorandum evidencing an oral contract must give some indication that the parties agreed "voluntarily" to the terms. under most state laws, the writing also must name the parties and identify the "subject matter", the consideration, and the essential terms with "reasonable" certainty. in addition, contract for land must state the "<span>price" </span>and describe the property with sufficient "<span>clarity" </span>to allow the terms to be determined without reference to outside sources.
Answer:
$580.36
Explanation:
We use the PMT formula in this question. The attachment is shown below.
Data provided in the question
Present value = $0
Future value = $25,000
Rate of interest = 12% ÷ 12 months = 1%
NPER = 3 × 12 month = 36 months
The formula is shown below:
= PMT(Rate;NPER;PV;-FV;type)
The future value come in negative
So, after solving this, the size of the payment is $580.36
Answer:
<h2>In this case,the survey method or the questionnaire method employed by the bowling alley manager can be an effective method of data collection through a reasonably considerably sample size and composition.</h2>
Explanation:
- In statistical data collection process,the questionnaire method is considered to be one of the most suitable and preferred methods or techniques of data collection considering various types of research topics.
- The questionnaire method of data collection can save considerable amount of time and effort and financial to reach and cover the actual target population of the concerned research as the researcher can just distribute the questionnaire copies randomly to various people within the target population of research or study thereby, avoiding the hassle of personally approaching people and getting responses.
- Furthermore, questionnaire method can ensure coverage of relatively large sample size within less time period and without having to spend excessive financial and material resources. Hence, in this case, the manager of the bowling alley can simply put a questionnaire form at the entrance and request the members to fill it up at their own convenience and personal will.,which could save him the practical hassles of approaching each individual member for responses.