3 years ago

What leads to excess demand?

Business

1 answer:

amm18123 years ago

8 0

The answer you are looking for is c

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Rising peanut prices have forced peanut butter makers to raise the price of a jar of peanut butter from $2 to $3 per jar, causin

Vanyuwa [196]

Answer:

37.5%

Explanation:

The percentage change in the price of a jar of peanut butter, using the midpoint method, is:

$P_B = \frac{3-2}{\frac{3+2}{2}}*100=40\%$

The percentage change in sales of jelly is 15%.

The cross elasticity of demand between peanut butter and jelly is:

$E = \frac{15\%}{40\%}*100\%\\E=37.5\%$

The cross elasticity of demand is 37.5%

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3 years ago

why did wiesel write the book night how it connect with readers and who should read the book and why?

Thepotemich [5.8K]

He wrote it because he wanted to share his experience with the world and what he went through. All ages should he able to read books like this so they can learn from the history so they don't repeat the past because everyone needs to know about this even that killer many jews for just being Jews this book helps us have a better understanding of why everyone should be equal to each other.

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3 years ago

Doug and Kayla formed a partnership with capital contributions of $220,000 and $320,000, respectively. Their partnership agreeme

Mandarinka [93]

Answer:

The correct answer is $79,000 and $37,000.

Explanation:

According to the scenario, the given data are as follows:

Net income = $116,000

Doug's Salary = $52,000

Receive an interest = 10%

So, the amount to be shared equally = [$116,000 - $52,000 - ( 10% × $220,000) - ( 10% × $320,000)] ÷ 2

= $5,000

So, Doug share = $52,000 + ( 10% × $220,000) + $5,000

= $79,000

Kayla share = (10% × $320,000) + $5,000 = $37,000

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3 years ago

Which activity is a marketing technique?

larisa86 [58]

C , calling a potential customer to inform them about a new program

6 0

3 years ago

A Co. showed the following values for its inventory as of the end of its fiscal year: Historical cost $100,000 Current replaceme

Levart [38]

Answer:

$90,000

Explanation:

The reason is that the International Accounting standard IAS 3 Inventories says that the asset must be reported at lower of:

Cost &

Net realizable value

Here the cost is $100,000 and NRV is $90,000, which means that the inventory must be reported at $90,000 which is the lower value.

4 0

3 years ago

Read 2 more answers