a. Using the regular percentage change method, what is the price elasticity of supply starting at a price of $40 per umbrella and moving to a price of $60 per umbrella? 1000 b. Using the regular percentage change method, when the price of umbrellas falls from $100 per umbrella to $80 per umbrella, the decrease in price is a -1.33 % decrease. The decrease in quantity supplied is a % decrease. Therefore, the elasticity of supply is . c. If the elasticity of supply for umbrellas is 1.1, then an increase in the price of umbrellas of 20% will the quantity supplied by %.

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.

Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?