Yes According to the Mid Point Method The degree to which customers are receptive to price changes is gauged by their price elasticity of demand.
<u>WORKING OF MID POINT METHOD</u>
Demand is considered to be elastic if consumer behaviour changes significantly in reaction to a minor change in price, as opposed to inelastic if customers alter their purchasing behaviour very little in response to a large change in price.
- The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:
To learn more about Mid Point Method, Click the links
brainly.com/question/27961894
#SPJ4
Answer:
It would be positive but might be either decreasing or increasing
Explanation:
Total utility (TU) is the utility which is defined as the aggregate satisfaction received or gained through consuming the given aggregate quantity of the good and service.
Marginal utility (MU), is the one which is defined as the satisfaction received from consuming an extra or additional unit or quantity of the specific good or service.
So, when the aggregate utility is increasing, then the marginal utility would be positive but might be either decreasing or increasing.
Answer:
Price of share = $40.50
Explanation:
P/E ratio describes the price to earnings ratio.
Provided if P/E ratio = 13.5
And Earnings per share = $3 per share.
That means,


Price = 13.5
3 = $40.5
Therefore, it is not dependent on dividend payout ratio, and the price = $40.50
Answer:
To enforce this promise we need to analyse whether there has been any agreement or contract between Sarah and Odessa and whether the same can be enforced.
Explanation:
In Sarah's case, her offer to gratuitously pay the neighbor for assisting in the house fire is not an enforceable contract. When the neighbor rushed to help in the fire, the offer to pay $1,000 had not yet been extended. When Sarah did extend the offer to pay $1,000, there was no consideration exchanged between both parties. The consideration, putting out the fire, had already occurred without the offer or acceptance of a contract.
Consider an alternate scenario. Sarah's house was on fire, and she could not wait for the fire department. She ran to her neighbor's house, begged for help, and offered $1,000 in exchange for neighbor's assistance. After hearing Sarah's plea, the neighbor agrees to assist in extinguishing the fire. This constitutes a contract; an offer, consideration, and acceptance.
Two dams, not including the two dams placemarked in the dams folder, impound the colorado river between glen canyon and lake havasu.
Humans build dams to control water—to make sure the right quantity is on the right region on the right time. River water rises in the back of dams, forming artificial lakes referred to as reservoirs. The saved water may be used to generate electricity or to deliver water for houses and industries, for irrigation or for navigation.
The cause of a dam is to impound (keep) water, wastewater or liquid borne materials for any of numerous motives, which includes flood control, human water deliver, irrigation, livestock water supply, energy technology, containment of mine tailings, pastime, or pollutants manage.
A dam is a structure constructed throughout a river or circulate to keep lower back water. humans have used one of a kind substances to build dams over the centuries.
Learn more about dams here
brainly.com/question/17294627
#SPJ4