When the price of a bar of chocolate is $1.00, the quantity demanded is 100,000 bars. When the price rises to $1.50, the quantity demanded falls to 60,000 bars. Calculate the price elasticity of demand using the mid-point method. Instructions: Round your answers to two decimal places. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. Suppose the price increases from $1.00 to $1.50. The price elasticity of demand is: . b. Suppose the price decreases from $1.50 to $1.00. The price elasticity of demand is: .
Answers: 1
Business, 21.06.2019 20:30
Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.
Answers: 2
Business, 22.06.2019 07:30
Which of the following best describes why you need to establish goals for your program?
Answers: 3
Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
Answers: 1
When the price of a bar of chocolate is $1.00, the quantity demanded is 100,000 bars. When the price...
Computers and Technology, 20.08.2019 20:10
Computers and Technology, 20.08.2019 20:10
Computers and Technology, 20.08.2019 20:10
Computers and Technology, 20.08.2019 20:10
Computers and Technology, 20.08.2019 20:10
Physics, 20.08.2019 20:10
Computers and Technology, 20.08.2019 20:10
Computers and Technology, 20.08.2019 20:10
Physics, 20.08.2019 20:10