Answer:
option D "The demand is unitary elastic."
Explanation:
Data provided:
At price, P1 = 3,000 units
Demand, D1 = $ 50
also,
at price P2 = $ 60
Demand, D2 = 2,500 units
Now,
the percentage change in price = 
or
the percentage change in price = 20%
and,
The percentage change in the quantity = 
or
The percentage change in the quantity = -20%
The elasticity in demand (Ed) is given as:
Ed = (Percentage change in quantity) / (Percentage change in price)
on substituting the values, we get
Ed = (-20%) / 20%
or
Ed = - 1
Here the negative sign depicts the inverse relation between the price and the demand.
hence, the correct answer is option D "The demand is unitary elastic."
The correct answer that would best complete the given statement above is the term CREDIT and DEBIT. So here is the complete answer. <span>Purchase return and allowances is a contra account, and its normal balance would be a credit and debit. Hope this answers your question.</span>
Its almost the same thing as price gouging but not really
Increased manufacturing has helped some countries fill up the gaps.
People and policymakers should be educated about how expensive a trade war can be.
- It's possible that some politicians will be educated about the dangers of protectionism.
- Learning that, as Norway, Korea, and many others have discovered this year, a favorable trading nation is not necessarily friendly.
- commercial and political figures to help you expand your exports to a wide range of nations. Do not concentrate your exports in a single nation.
Identify opportunities to produce new products in order to boost exports in nations that rely heavily on imports.
Learn more:
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Answer:
$22,000 gain
Explanation:
Calculation for the gain or loss on this retirement
Using this formula
Carrying value of bonds = Par value + Unamortized premium - Retirement purchased price
Let plug in the formula
Carrying value of bonds =$1,000,000+(100%-40%*$20,000)-$990,000
Carrying value of bonds =$1,000,000+(60%*$20,000)-$990,000
Carrying value of bonds =$1,000,000+$12,000-$990,000
Carrying value of bonds =$22,000 gain
Therefore the gain on this retirement is:$22,000 gain
