Answer:
Elastic
Explanation:
Elasticity of demand = percentage change in quantity demanded / percentage change in price
25% / 20% = 1.25
If the elasticity of demand is greater than one ,it means demand is elastic.
Elastic demand is when a change in price leads to a greater change in quantity demanded.
I hope my answer helps you
Answer:
$127,400
Explanation:
Gross profit ratio = [(sale - cost) ÷ sale price] × 100
= [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100
= 0.26 × 100
= 26%.
Gross profit on down payment is recognized in 2019:
= Down payment × Gross profit ratio
= $490,000 × 26%
= $127,400
It should be noted that Researchers assess the value of a project by comparing the benefits of answering some of their questions as well as the cost associated with conducting the research.
<h3>What is a project?</h3>
A project can be regarded as an undertaking which is been carried out collaboratively and entail research or design, that is carefully planned to achieve a goal.
It is necessary for a Researchers to assess the value of a project by comparing the benefits of answering some of their questions .
Learn more about a project at;
brainly.com/question/4771644
The <em>federal reserve </em>affects money available for banks to loan by using the<u> reserve requirement</u> tool.
<h3>What is the reserve requirement in monetary policy? </h3>
Reserve requirement is said as the set-aside funds by the commercial banks that they utilize for meeting their liabilities and instant withdrawal from customers.
Therefore, when Fed increases the rate of <em>reserve requirement</em> then banks need to hold the <u>large amount </u>which reduces their ability to loan more funds. It ultimately reduces the money supply and <em>vice-versa</em>.
Learn more about monetary policy here:
brainly.com/question/13926715
The <u>slope</u> of the characteristic line of a stock's returns versus those of the market measures the stock's systematic risk.
