Answer:
since the price elasticity of demand for students is -4, the the price charged to them should be:
price = [-4 / (-4 + 1)] x $6 = (-4 / -3) x $6 = $8
since the price elasticity of demand for faculty is -2, the the price charged to them should be:
price = [-2 / (-2 + 1)] x $6 = (-2 / -1) x $6 = $12
Answer:
Quick ratio = Current assets - Inventory/Current liabilities
= $480,000 - $340,000/$40,000
= 3.5
Current assets = $120,000 + $340,000 + $20,000 = $480,000
Current liabilities = $20,000 + $20,000 = $40,000
Explanation:
Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.
Answer:
I will say c I not shore 100%
Answer:
A
Explanation:
in this question, we are to select from the options which is the correct answer.
Option A is the correct answer
The Fed can only soften the magnitude of recession, not eliminate them
This is because the fed introduced monetary policy and it’s only implemented to offset the effect so he would be able to relax the effect of recession and high expansion it only suggest mid way to offset the effect of low and high economic activities.
The answer is c. 10-20 seconds
