subject
Business, 28.12.2019 03:31 mandi795

Move point a to the correct position on the demand curve when price is $40. next move point b to the correct position on the demand curve when price is $10. now, consider a movement along this demand curve from a to b. use the midpoint formula to calculate the percentage change in quantity demanded between a and b. (include a negative sign if the answer is negative; round to the nearest integer.)next, use the midpoint formula to calculate the percent change in price between a and b. (include a negative sign if the answer is negative; round to the nearest integer.)what is the price elasticity of demand between these two points? (include a negative sign if the answer is negative; round to two decimals.)

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 15:10, emilypzamora11
On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.
Answers: 2
image
Business, 22.06.2019 17:30, brittanyjacob8
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
image
Business, 22.06.2019 20:10, NorbxrtThaG
Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account
Answers: 3
image
Business, 22.06.2019 21:30, angoliabirtio
The adjusted trial balance for china tea company at december 31, 2018, is presented below:
Answers: 1
You know the right answer?
Move point a to the correct position on the demand curve when price is $40. next move point b to the...

Questions in other subjects:

Konu
Mathematics, 23.04.2021 01:00
Konu
Mathematics, 23.04.2021 01:00