The acmeville metropolitan bus service currently charges $0.67 for an all-day ticket, and has an average of 623 riders a day. the bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. they must therefore find a way to increase revenues. the bus company is considering increasing the ticket price to $ 0.78 . the marketing department's studies indicate this price increase would reduce usage to 359 riders per day. calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method. round your answer to one decimal place.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

When the amount paid for land is $36,000 and the amount paid for expenses is $10,000, the balance in total assets after transaction (b) is

Gross output (go) reflects the overall status of the productive side of the economy better than gdp does. a. true b. false