When the price of a sweater was $40, the store sold 150 sweaters per month. When it raised the price to $50 each, it sold 120 sweaters per month. Using the midpoint method, the price elasticity of demand for sweaters is
Answer:
the price elasticity of demand is -1
Explanation:
The computation of the price elasticity of demand is shown below:
Price elasticity of demand
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of quantity demanded)
where,
Change in quantity demanded is
= Q2 - Q1
= 120 - 150
= -30
And, average of quantity demanded is
= (150 + 120) ÷ 2
= 135
Change in price is
= P2 - P1
= $50 - $40
= $10
And, average of price is
= ($50 + $40) ÷ 2
= 45
After solving this,
Hence, the price elasticity of demand is -1
According to Career Horizons,
of jobs are not advertised.
O 90 to 100 percent
O 30 to 40 percent
O 10 to 20 percent
O 70 to 80 percent
Which of the following items demonstrates flexibility?
O Learning a new method
O Using an old procedure
O Ignoring technological advancements
O Refusing to try something new
A 120 volt circuit is operating under normal load, how much voltage is present at the grounding conductor
Answer:
0 V
Explanation:
The grounding conductor is used to provide a grounding connection for equipment and devices. Under normal conditions, the grounding conductor has no current passing through it and no voltage. During a fault, the grounding conductor serves as a pathway for current so that the device would not be damaged.
The ground serve as a reference potential (0 V) used for the flow of current from the source to the load.
Which company provides business credit rating services for businesses looking o finance loan through bank????? I put the picture with the answer choices.
Please help due in 30 minutes!!!!
Answer:
B . Moody's
Explanation:
There are three major companies that provide credit rating services in the US. They are
Standard and Poor (S&P) Moody’s Investor ServicesThe Fitch GroupEach agency uses unique letter-based scores to indicate if a debt has a low or high default risk and the financial stability of its issuer.
Which type of budget indicates more expenses than income?
O O O O
a deficit budget
a balanced budget
a debt budget
an equity budget
Answer:
a deficit budget
Explanation:
A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.
An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.
help asap will mark brainlieast
Answer:
a
b
b
a
Explanation:
B2B partners often connect to each other on the Internet through special ________ designed to facilitate information exchanges and transactions.
Answer:
Web portal
Explanation:
The web portal is the platform i.e. web based that provides the employees, customers, etc having a single point of access the information. It provides the information to the user like training of the employees, safety manuals, etc
So in order to exchange the information and transaction, the web portal would be designed to facilitate
So the web portal would be the answer
A prediction of how many sales your business plans to make is a
Answer: sales forecast
Explanation:
The sales forecast section is a key section of your business plan.
This section relates directly to the market analysis, competitive edge, marketing plan and pricing sections (see our guide to writing a business plan).
HOW IS EVERYONE i love u all and enjoy helping you where u may struggle
Answer:
THANK YOU SOOO VERY MUCH. I need assistance with my question
give three uses of personal budget
Answer:
1) To insure income is sufficient to pay debts
2) To insure the ability to save
3) To be prepared for emergencies
Explanation:
what is the rate of return?
A Rate for Return is a net gain or loss of an investment over a specified time period, expressed as a percentage of the investments initial cost, when calculating the rate and return you are determining the percentage chage from beginning of the period until the end.
Answer:
that Is good
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TRUE OR FALSE: Take-home pay minus total living expenses equals money available for savings and investment
Answer:
TRUE
Explanation:
Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.
In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment
If the assets of a business stay the same from one month to the next and the liabilities increase, the
owner's equity will decrease.
True
False
Please list 3 New Years Resolutions and explain why you chose these.
Answer:
get better at outdoor skills, do more exploration, go sky diving
Explanation:
out door skills for survival situations more exploration cause its a fun way to get in exercise and sky diving cause its cool
Advertisements that attempt to target a large, diverse group of potential consumers rely on which of the following techniques? Market segmentation Mass marketing Mass advertising Differentiated marketing
Answer:
Mass marketing
Explanation:
Mass marketing is the title given to a marketing campaign that targets a wide range of audiences. In mass marketing, the business ignores market segmentation and employ a single strategy to sell to all customers. The objective of mass marketing is to reach as many potential buyers as possible.
Mass marketing is a contrast to targeted marketing, which aims to reach a specific group of customers.
Think of an issue in your community that you would like to fix or improve in some way. First, write down what it is, and then identify how you think it could be fixed, and how you or other people could do so.
For me i just wish my community was more active i would most likely do this by throwing community events
Explanation:
True or False? When completing the Self-Evaluation Section of Your Career Plan- In your Freshman Year, your numbers will probably be a little lower than your Sophomore, Junior and Senior years of High School.
Answer:
True. (unless your in advanced classes)
if your in advanced classes you would be classified as smarter than a certain grade level.
sorry if this doesn't help.
A political leader takes power by fighting for it with the military. He wasn’t voted into power,but tries to do a good job. What kind of leader is he?
A.
Free rein leader
B.
Toxic leader
C.
Authoritarian leader
D.
Narcissistic leader
Blank addresses change depending on the cells you
Blank addresses do not change if you copy them to a different cell.
copy them to.
A1) absolute
A2) mixed
A3) relative
B1) absolute
B2) mixed
B3) relative
Answer:
absolute addresses change depending on the cells you copy them to.
relative addresses do not change if you copy them to a different cell.
Explanation:
A cell reference is a single cell or range of cells on a Excel worksheet. When calculations are done, these cells can be referred to. The cells are referred to using their row value and column value.
Relative references (or addresses) changes based on the position of rows and columns when a formula is copied to a different cell.
Absolute references (or addresses) do not change (remain constant) even if the formula is copied to a different cell.
Your new health insurance has a $4000 deductible. What does that mean?
Kevin, a real estate broker, sold a property and received a 6-1/2% commission. Kevin gave the listings broker 30% of the commission, or $3,575. What was the selling price of the property?
Answer:
the selling price of the property is $183,333
Explanation:
The computation of the selling price of the property is as follows:
= (Price ÷ commission percentage) ÷ ( commission percentage)
= ($3,575 ÷ 30%) ÷ (6.5%)
= $183,333.
Hence, the selling price of the property is $183,333
We simply applied the above formula so that the correct value could come
ask questions using the question word's given within brackets
EPA is part of how to avoid this type of risk?
compliance
operational
strategic
financial
Answer:
A.compliance
Explanation:
A restaurant that serves $1400 a day in meals to 140 customers with an average cost of goods sold per unit at $7.00.
What is the average unit of sale for this business?
Answer:
=$10
Explanation:
The average unit of sales will the total serves per day divided by the total number of customers.
= $1400/140
=$10
The average unit of sale is $10
What is the gross pay if Yesinia worked 88 hours in two weeks and she is paid $12.75 and hour
The importance of flower farming is increasing day by day in nepal. Justify this statement. please write long ans
Answer:
Prior to 1990, there were a number of nurseries within the valley as well as a few outside that cultivated flowers, but the trend then was more towards producing potted plants, seeds, bulbs and suchlike. There was no large market for cut flowers of the variety available now, in part because there was very little demand due to a lack of market exposure to cut flowers. People in Kathmandu just did not use them on a regular basis. According to nursery owners, there was at that time only a small demand amongst the expatriate community and amongst the Indian community. On November 15 1992 however, the Floriculture Association of Nepal or FAN was formed, and this marked the beginning of the floriculture industry in Nepal.
FAN was formed by 11 nursery owners with the objective of promoting and enhancing the floriculture industry and the emergence of flowers in the Katmandu market can in fact be attributed to the training in flower arrangement that FAN conducted in 1993. Following this training, they initiated the opening of a wholesale market and the support FAN gave to the organization 'Women in Floriculture' project enabled several entrepreneurs to set up flower retail outlets. This supply driven demand resulted in flowers being made available in the market and the market responded by taking up this supply. Business has since improved as demonstrated by the change in demand from around 100 rose stems a day in 1992 to 3000 stems in 2003 and from 100 gladiolus stems in 1992 to 6000 in 2003. Figures from FAN put the total sale of cut flowers at 10 million in 1992, which went up to 70.2 million in 2003.
The domestic market for cut flowers is in fact increasing according to Suresh Bhakta Shrestha of Standard Nursery in Bansbari. He says that in 1993 150 thousand Nepali Rupees was the total turnover for all the shops that sold flowers in Kathmandu. This figure is now around 80 to a 100 thousand Rupees per month per shop! Latest figures also suggest that there are there are currently around 300 nurseries and 40 retail shops within the Kathmandu valley. This information suggests that floriculture has grown very rapidly and that the flower culture here continues to grow.
Explanation:
what is bheja?,,,,,,,,,,,
Answer:
search it up :)
Explanation:
determining the price of goods should be done after calculating income and expenditure ??
Answer:
False
Explanation:
There are several methods that businesses use to determine the price of goods and services. The most common one involves first calculating the cost of production or the cost of goods sold. The desired markup is added to the cost. Other methods include the break-even analysis, target prices, and going by the market rate.
In all these methods, the price is determined selling starts. It means the price is set before selling starts. Therefore, income cannot be generated before a price is determined.
Explain why private and public goods are produced using the concepts of monetary and non-monetary incentives.
Incentives can be monetary or non-monetary.
The private goods are produced for earning profit whereas the public goods are produced for society's welfare.
What is meant by incentive?The incentive is the amount of gain earned by the entrepreneurs after selling off their manufactured products.
The monetary incentive earned from the production of private goods is considered as profit or gains. These are usually done by private production firms. The non-monetary incentive can be an incentive in-kind which is earned by public enterprises by producing the public goods.
Therefore, the nature of incentives used by both the public and private goods.
Learn more about the incentives in the related link:
https://brainly.com/question/12530175
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