Using the midpoint method, the price elasticity of demand for corn between the prices of $10 and $8 per bushel is , which means demand is between these two points. therefore, you would tell the grower that her claim is , because total revenue will as a result of the spell of good weather.

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.