Answer:
2.5
Explanation:
P1=$200
P2=$300
S1=100000
S2=300000
The percentage change in price is:

The percentage change in supply is:

The price elasticity of supply is given by:

The price elasticity of supply is 2.5.
Repay loans so that the bank can get it reserves back up to the required level
Answer:
The correct answer is option a.
Explanation:
The initial price of movie rentals is $3.25.
The initial quantity is 100.
The price falls to $3.
This causes demand to rise to 120.
The price elasticity of demand a ratio of change in quantity demanded to change in price level.
The elasticity is calculated at -2.25, through the process given in images.
The price elasticity of demand here is greater than 1 which means it is elastic.
So, option a is the correct answer.
<span>It depends on their agreement. It could be a general partnership or a limited partnership. One could be an investor and one runs the business day to day.</span>
It’s the second one,about not being able to see someone’s work-ethic