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Dmitry [639]
2 years ago
13

The price elasticity of demand measures the​ ________ that results from a​ ________.

Business
1 answer:
iogann1982 [59]2 years ago
4 0
<span>The price elasticity of a demand measures the percentage change in the quantity demanded that results from a  percentage change in price.

hope it helps!!</span>
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From 7 people comprising of 5 men and 2 women , 4 people are to be selected. If random variale is count of women, what is the fr
Licemer1 [7]

Answer: 10

Explanation:

From the queen, we are informed that from 7 people comprising of 5 men and 2 women , 4 people are to be selected.

To calculate the frequency of 2 women we can. get goes thus:

= 5C2 2C2

= 5! / (5-2)!2!

= 5! /3!2!

= 5 × 4 × 3 × 2 / 3 × 2 × 2

= 10

Therefore, the frequency of 2 women is 10

5 0
2 years ago
Consider the market for paperbound economics textbooks. Explain whether the following events would cause an increase or decrease
ddd [48]

The market price of paper Increases: Supply decreases.

<h3><u>Explanation:</u></h3>

The price and the supply are directly related to each other. This means that when the price of the product increases the supply also increases and vice versa. In the given example, the market for economic textbooks is discussed. The textbook is paperbound.

This means that the supply and the price of the textbook highly depend on the paper price and its marketing conditions. When the market price of the papers increases, it will result in a decrease in the demand that exists for the paper. This ultimately causes the supply of the textbooks to decrease as the manufacturing of textbooks is highly related to the papers.

7 0
2 years ago
Read 2 more answers
Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments o
Alekssandra [29.7K]

Answer:

The amount that Canliss borrowed  is $45,459.51  

Explanation:

The amount borrowed is the present value of $10,500 for five years using the discount factor applicable to each to each year as shown below

The formula for discount factor=1/(1+r)^n

r is the rate of interest on the loan which is 5%

n is the year relating to each cash flow ,for instance 1 for year one

present value of the loan=$10,500/(1+5%)^1+$10,500/(1+5%)^2+$10,500/(1+5%)^3+$10,500/(1+5%)^4+$10,500/(1+5%)^5=$45,459.51  

4 0
2 years ago
The petty cash fund had an initial imprest balance of $110. It currently has $21 and petty cash tickets totaling $73 for office
polet [3.4K]

Answer:

B. Debit to cash short and over $16

Explanation:

The total entry to replenish the cash would be:

office supplies.   73

cash short and over 16

                           Cash.       89

5 0
3 years ago
Hypotheses to explain the positive correlation between factor accumulation and production efficiency include each of the followi
lyudmila [28]

Answer:

C. efficient economies make capital accumulation unnecessary.

Explanation:

Hypotheses is the explanation behind any phenomenon or theory. When there is a study of correlation between factor accumulation and production efficiency, the established and efficient economies can best depict such relation.

For this, efficient economies do make the capital accumulation necessary.

With the the statement "C" is clearly not correct. As the theory can be best explained through studies on efficient economies.

7 0
2 years ago
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