When the price of pistachio nuts is $7.50 per ib. the quantity demanded is 48 lbs. when the price of pistachio nuts is $9.00 per lb. the quantity demanded is 40 lbs. when the midpoint formula is used to measure the price elasticity of demand we can say that the demand for pistachio nuts is a) relatively, but not perfectly, elastic. b) relatively, but not perfectly, inelastic. c) completely inelastic. d) unit elastic.

One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.

Match the steps for conducting an informational interview with the tasks in each step.

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan