Blake eats two bags of potato chips each day. When Blake's hourly wage increases from $8 to $15, he decides to stop eating generic potato chips and starts eating a name brand potato chip. Use the midpoint method to calculate Blake's income elasticity of demand for generic potato chips. Round your answer to two decimal places.
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Kara was out jogging and, despite being tired, decided to run one more mile. based on her actions, economists would conclude that kara:
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Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative
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Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
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Blake eats two bags of potato chips each day. When Blake's hourly wage increases from $8 to $15, he...
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