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kolbaska11 [484]
3 years ago
10

Suppose that your demand schedule for dvds is as follows: price quantity demanded (income = $10,000) quantity demanded (income =

$12,000) $8 40 dvds 50 dvds 10 32 45 12 24 30 14 16 20 16 8 12
a. use the midpoint method to calculate your price elasticity of demand as the price of dvds increases from $8 to $10 if (i) your income is $10,000 and (ii) your income is $12,000.
b. calculate your income elasticity of demand as your income increases from $10,000 to $12,000 if (i) the price is $12 and (ii) the price is $16.
Business
1 answer:
Dovator [93]3 years ago
4 0
12,000.+ 10,000 = 13,000 price is $12 and (ii) the price is $16.
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Answer:

The median voter here is $55 based on the allocated points in order of preference.

This is the vote that avoids the two extremes of 5 and 7

Explanation:

Voting with the Borda count system of voting:          

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The median voter is the selection that is based on choosing the median in a spectrum, so that the extremes are avoided.  In this case, the extremes win points 5 and 4, with the median as 6.

The voting was done by using the Borda count system of voting.  With this system, points are allocated based on personal preferences.  The preference that is favored most is given the highest point, and so on.  This implies that the preference that is least favoured is given the lowest point.

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2 years ago
During 2016, Sarasota Corporation spent $164,160 in research and development costs. As a result, a new product called the New Ag
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Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

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You have been asked to review the December 31, 2021, balance sheet for Champion Cleaning. After completing your review, you list
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Answer:

Champion Cleaning

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