Answer: Jimmy's Peanut Farm has to decrease its prices by 2.5% in order to achieve a 1% increase in the quantity of peanuts it sells.
Jimmy's Peanut Farm can increase the quantity sold by 1% only when the demand for peanuts increases. Demand for peanuts will increase only when the price of peanuts decrease. The Price Elasticity of Demand measures the responsiveness of demand to a percentage change in price.
The formula for Price Elasticity of Demand (PED) is given by the formula:
We have:
Percentage increase in quantity 1% or 0.01
Price Elasticity of Demand (PED) 0.40
Re-arranging the PED formula above we get,
Substituting the values in the equation above we get,
Create a budget to track income and expenses.
Talk to a consumer credit counseling service.
Answer:
Advertiserment(s)
Explanation:
There are many words for advertisements.
Answer:
d. Makes it a felony to knowingly access a computer without authorization with intent or reason to believe that the information would be used to injure the United States of to benefit a foreign country.
Explanation:
The Computer Fraud and Abuse Act of 1986, is the primary federal law governing cybercrime in the United States today. The computers here, are computers exclusively for the use of the United States Government, or any computer, when the conduct constituting the offense affects the computer's use by or for the United States government. It is also any computer located outside the United States that is used in a manner that affects the United States
Options A and B are define what computer fraud is but do not explain explicity that it falls under the jurisdiction of the united states. Option C is not computer fraud. However, option D is correct because it states that it is a cybercrime that falls under the jurisdiction of the United states.