Consider the market for a natural resource, where the price is initially $20 comma 000 per ton and 40 comma 000 thousand tons are supplied. suppose the price of the resource falls to $19 comma 000 per ton, at which price the market supplies 39 comma 500 thousand tons. what is the price elasticity of supply between these prices? using the midpoint formula, the price elasticity of supply is . 245. (enter your response as a real number rounded to two decimal places.) as such, supply is inelastic .

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

Money from an allowance or job is known as .

A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.