Answer:
Zumba classes sell all 20 participant spots at a price of $4.50 each. When the instructor raised the prices to $5.50, 10 people attended the class. From the midpoint method, the price elasticity of demand for Zumba is:
0.286
Explanation:
20 at $4.50= $90
10 at $5.50= $55
price elasticity= change in quantity demand/ change in price
20-10= 10 change in quantity demand
$90-$55= $35
10/35=0.286
In many developing countries, the share paid in a deficit budget was as much as the united amount for water, health, agriculture, roads, transport and finance.
<h3>What is the surplus and deficit budget?</h3>
A budget surplus is when extra money is gone over in a budget after expenses are paid. A budget deficit ensues when the federal government spends more money than it contains in revenue. Internal loans that drive up for the bulk of public debt are further divided into two broad types – marketable and non-marketable debt.
Anyone having borrowed funds or interests from another owes a debt and is beneath obligation to return the goods or repay the funds, usually with interest. For governments, the demand to borrow to finance a deficit budget has led to the growth of various states of national debt.
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It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.
An event profile can be regarded as set of event scripts, which helps to give description about an event.
This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.
Therefore, contract or event profile serves all the client's requirements and gives all of the relevant information.
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C. Portobello, is a good example of a mushroom with a meat like texture.
Answer:
a. 27.9%
Explanation:
The formula and the computation of the gross profit are shown below:
Gross profit = (Gross profit) ÷ (Sales) × 100
where,
Gross profit = $1,604
And, the sales revenue is $5,742
So, the gross profit is
= ($1,604) ÷ ($5,742) × 100
= 27.9%
By dividing the gross profit by the sales we can get the gross profit
