Answer:
0.583
Explanation:
Data provided in the question;
Average dinner charges = $8.75
Initial demand = 3,000 atrons
Increase in price = $0.50
Final demand = 2,900
Thus,
change in demand = 3,000 - 2,900 = 100
Now,
The price elasticity of demand = 
also,
Percentage change in demand = 
= 
= 3.33%
Percentage change in price = 
= 
= 5.714
thus,
The price elasticity of demand = 
= 0.583
Answer:
video game
Explanation:
because I don't go outside, I'm a gamer
Answer:
The long run is longest for Boeing because aircraft production requires large, specialized machines and shortest for Wacky Jack's because providing singing telegrams requires primarily labor.
Explanation:
The current panorama of commercial aircraft manufacturers presents, due to the important high-tech entry barrier that there is a competitive situation between two major manufacturers: the European Airbus consortium and the North American company Boeing. There are many other construction companies, but their technological or production level is far behind them.
But apart from the commercial competition that exists between these manufacturers, logical on the other hand, both share a common interest in their respective strategies by focusing their research, design and manufacturing activities on ensuring the maximum reliability of their aircraft, since it The security they provide during their operational life will depend.
I do not exaggerate if I affirm that no other transport-related industry is subject to such exhaustive processes for its design, manufacture and maintenance as the air transport-related industry, which does not prevent failures from time to time. , some even unsuspected.
Answer: c.
In a competitive market, there are many producers competing to provide consumers the products they needed and thus they cannot dictate prices.
If a surplus occurs, there is an excess of quantity supplied and since producers won't be able to sell all their products, they tend or are forced to lower their price.
The reverse happens when there is a shortage. When there is less supply in the market, price increases.
Surplus and shortage in a competitive market, therefore, will cause shifts in the demand and supply curves that tend to eliminate the surplus or shortage.
Answer: 28.57%
Explanation:
Average return given the variables will be;
Average rate of return = 
Average rate of return = 1,000,000/3,500,000
Average rate of return = 28.57%
