price rises and Ed equals 0.41
price rises and demand is of unit elasticity
price falls and demand is elastic
price rises and Ed equals 2.47

Answers

Answer 1

This is indicated by the unitary price elasticity of demand (Ed equals 1).

Unitary price elasticity means that the percentage change in quantity demanded is equal to the percentage change in price. In this case, as the price rises, the quantity demanded decreases proportionally. The total revenue remains constant since the decrease in quantity is offset by the increase in price. Unitary price elasticity suggests that the demand is neither highly sensitive to price changes (inelastic) nor highly responsive (elastic). Instead, it indicates a balanced response where the change in price and the change in quantity demanded are proportional.

This scenario can occur when the consumers perceive the price increase as reasonable or when there are limited substitutes available. In such cases, the demand for the product may remain relatively stable despite the increase in price. It's worth noting that the specific value of 0.41 or 2.47 mentioned in the options doesn't provide enough context to determine the exact magnitude of the price elasticity of demand. The interpretation of price elasticity depends on the specific market conditions, consumer preferences, and availability of substitutes for the product.

Learn more about Unitary price elasticity here:

https://brainly.com/question/30455869

#SPJ11


Related Questions

Which of these is NOT a concern for consumers in times of inflation?
a.They cannot anticipate the cost of goods and services.
b.They lose money on their investments and savings.
c.They are at a disadvantage when paying back borrowed money.
d.They struggle when they are on a fixed income.

Answers

Answer: D

Explanation:

HELP ME PLEASEE!! ILL GIVE CROWN!!!
which of the following should credit be used for?
A. small things you want
B. large things you need and that you can repay over time.
C. money that you can never afford to repay.
D. purchasing things you want so you dont have to save.

Answers

Answer:

B

Explanation:

Credit should be used for large things that you can't afford at the moment but over time will be able to repay (like bills). You should never purchase things that are too expensive for you to repay (within a year.)

What are three elements of negligence?
Actual Harm
Breach of duty
State of mind
Duty of care
Proximate cause
Motive

Answers

Answer:

actual harm

breach of duty

duty to act

what percentage of CTE learners enroll in post secondary education?​

Answers

Answer:

10th-grade public school students in 2002 who were CTE concentrators in high school, 72 percent enrolled in postsecondary education by 2006, or two years after their expected year of high school graduation, and 84 percent enrolled by 2012, or eight years after their expected year of high school graduation.

Answer:

75% – Percentage of high school students concentrating in a CTE discipline who pursue post-secondary education 43% – Percentage of young workers holding a CTE-related license or certificate who earn more than those holding an associate degree

Explanation:

What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives

Answers

Answer:b

Explanation:

Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?

A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.

B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.

C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.

D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term​

Answers

Answer:

C

Explanation:

C la respuesta es la C ya que

brief explain difference between moa and aoa ?​

Answers

Answer:

The MOA (Memorandum of Association) describes the powers and objects of the company, the AOA (Article of Association) defines its rules and the AOA (Articles of Association) is subordinate to the memorandum.

Facts about the chip category obtained from AC Nielsen are?


syndicated data.



survey data.



questionnaire data.



primary data.



experimental data.

Answers

Answer:

Explanation:

Then what is the question

HELP FOR CROWN!!!
what is one thing a bank will require you to have when you ask for an auto loan?
A. keys to the car
B. proof of auto insurance
C. driver's license
D. letter of recommendation

Answers

Answer:

It is either C or D

Explanation:

Answer:

Driver's License

Question 6 of 10
The practice of fractional reserve banking means that:
O A. banks are required by law to operate as nonprofit organizations.
O B. banks are not allowed to use deposited funds to make loans.
O C. banks can change the interest rates on loans at any time.
O D. banks only keep a portion of their deposits as cash reserves.

Answers

Answer:

D. banks only keep a portion of their deposits as cash reserves.

Explanation:

A fractional reserve system needs a commercial bank to maintains the customer deposit percentage at the time of custody. This means that at any time the deposit fraction should have the cash backing i.e. physical also the fraction should be maintained

So according to the given situation, the last option is correct as the bank keep a portion of the deposits in cash reserves

Janice, a nurse at a hospital, is preparing a presentation for trainee nurses about guidelines for patient care. What is the purpose of her
presentation?


A. to persuade

B. to instruct

C. to entertain

D. to debate

Answers

Answer:

B

Explanation:

To teach and acknowledge the guidelines for trainee nurses to help patients in an effective way

Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:

Answers

There is no chart present.

Suppose the GDP of the entire European Union is 350,000 euros and the exchange rate between euros and USD is 0.66 EURO=$1. What is the GDP of the European Union when measured in USD? Round your answer to the nearest hundredth.

Answers

Answer:

the GDP of the  European Union is $530,303.030

Explanation:

The computation of the GDP of the  European Union is shown below:

= Entire european union × euro ÷ exchange rate

= 350,000 euros × $1 ÷ 0.66

= $530,303.030

Hence, the GDP of the  European Union is $530,303.030

We simply applied the above formula

An oligopoly is a market structure in which a large number of firms dominate the market. T or F

Answers

Answer: F

Explanation:

An oligopoly is a market structure in which a large number of firms dominate the market.

An oligopoly is a market structure in which a large number of firms dominate the market. FALSE.


The human resource manager is undecided about whether to use internal or external
recruitment for filling the supervisor vacancy. Which method would you recommend? Justify
your answer, with advantages and disadvantages.

Answers

Advantages would be used I think

who wants to make a call??

Answers

Answer:

Zoom you mean?

Explanation:

Answer:

I want to call my mom,lol

Which part of the check gives the bank permission to release the money?

Answers

Answer:

And even though all national banks and federally chartered credit unions are subject to the same hold rules, each institution can release your funds sooner at its discretion. By understanding the rules of funds availability, you can ensure you'll have access to your money when you need it.:

Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.They lose money on their investments and savings. c.They are at a disadvantage when paying back borrowed money. d.They struggle when they are on a fixed income.

Answers

Answer:

c.They are at a disadvantage when paying back borrowed money.

Explanation:

In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.

Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.

How do I find the cash flow coverage ratio?

Answers

Explanation:

There are a few different ways to calculate the cash flow coverage ratio formula, depending on which cash flow amounts are to be included. A general measure of the company’s ability to pay its debts uses operating cash flows and can be calculated as follows:

Cash flow coverage ratio = $80,000,000 / $38,000,000 = 2.105Cash flow coverage ratio = ($64,000,000 + $4,000,000 + $8,000,000) / $38,000,000 = 2

In what type of economy do individuals and firms determine what will be produced?
Mixed
Traditional
Market
Command

Answers

Answer:

market

Explanation:

I think it’s warket hope this helps

In VAT (Value added tax) is it profitable to buy in large or small quantities?​

Answers

It’s more profitable to buy in large quantities.

what's the answer? please help, it's overdue​

Answers

Answer: Honestly in my opinion that's a no

Explanation: because that's there imagine without them they wouldn't be able to get that image up and making profit therefore the player should get a cut of the profit that is made.

If 42 of 500 people who clicked
your add bought a product online,
what would your conversion ratę
be?
A. 2.4%
B. 8.4%
C. 12.8%
D. 15.2%

Answers

Answer:

Conversion rate = 8.4%

Explanation:

Given:

Number of person clicked = 42

Total people = 500

Find:

Conversion rate

Computation:

Conversion rate = [Number of person clicked / Total people]100

Conversion rate = [42 / 500]100

Conversion rate = 8.4%

By law, an accountant must hold a CPA designation in order to
?

Answers

Answer:

The CPA designation isn't required to work in corporate accounting or for private companies. However, public accountants⁠—which are individuals working for a firm, such as Deloitte or Ernst & Young, that provides accounting and tax-related services to businesses—must hold a CPA designation.

Explanation:

Answer:

Prepare audited or reviewed financial statements.

Hope this helps :)

What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stolen

Answers

Explanation:

If Jamie notifies the bank within 2 days of the lost card , her liability for unauthorized would be $50.

Jamie Lee's as the account holder is financially responsible for any form of transfers or withdrawals that has or will be made from their accounts and until He report the theft, he will be liable to all withdrawals.

What is a Checking Account:

A checking account is known to be a kind of bank account that is often used by people as a deposit account.

The usual amount deposited by them in this account is known to be used for paying bills and other form of purchases.

Base on the fact above, Jamie Lee's would be liable for his financial liability because she had waited for more than two days to report her debit/ATM card lost or stolen and as such any theft that happen within those two days on her account is her fault.

Learn more about  checking account from

https://brainly.com/question/24751568

equity shareholders are called what ​

Answers

Answer:

owners

Explanation:

Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.

The equity shareholders of a company are called its owners.

Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.

How much will Gianna earn in interest? What amount will she have at the end of the time period?

Answers

Answer:

You will earn $52.96 in interest

You have $1,052.96 in total.

____ reading will increase your focus and concentration, help you understand the reading, and prepare you to study.

Answers

Answer:

Active.

Explanation:

Active reading can be defined as a process which typically involves an individual being focused on his or her study. It is aimed at acquiring knowledge and understanding of a particular subject or topic without distractions.

Hence, active reading will increase your focus and concentration, help you understand the reading, and prepare you to study.

If the food handler has been diagnosed with one of the Big 6 pathogens
they can return to work 24 hours after showing no symptoms.
TRUE
FALSE

Answers

It’s False bro trust me

Answer:

False.

Explanation:

Shareholders had a good year, earning a 29% annual rate of return. The PE ratio today is 10.0 and the company just announced earnings per share of $2.50. The company has a 90% payout ratio. How much did the stock price change over the past year?

Answers

Answer:

$3.68

Explanation:

Rate of return =29%

PE ratio = 10.0

Earning per share = $2.50

P1 = PE ratio * EPS

P1= 10*2.50

P1 = $25

Payout ratio = 90%

Dividend = 2.50*90%

Dividend = $2.25

Rate of return = (P1+D1-P0)/P0

0.29= (25 + 2.25 - P0)/P0

0.29 P0 = 27.50 - P0

1.29P0 = 27.50

P0 = 27.50/1.29

P0 = $21.32

Change in stock price = $25 - $21.32

Change in stock price = $3.68

Other Questions
compute c f dr for the oriented curve specified. f = 6zy1, 8x, y , r(t) = et, et, t for 1 t 1 refer to table 7.6, which shows the costs of birthday cakes at a bakery. what is the total cost of 2 cakes? let 3 be the maclaurin polynomial of ()=. use the error bound to find the maximum possible value of |(1.6)3(1.6)|. (use decimal notation. give your answer to four decimal places.) What goal does john ford have in the indian wars? Tap on the reaction that will happen at the cathode when a current is passed through an aqueous solution of sodium chloride. 0V (iii) 2H+ (aq) + 2e H (9) (iv) 2H2O(l) + 2e H2(g) + 2OH(aq) (v) Nat (aq) + e Na(s) Eethode E Eethode cathode -0.8277 V -2.71 V the intensity at a certain location is 1.054 w/m2. what is the sound intensity level at this location, in db? use implicit differentiation to find an equation of the line tangent to the curve x^2 y^2=10 at the point (3,1)A. y = -xB. y = xC. y = -3x + 10D. y = 3x - 8 The weight of a randomly chosen Maine black bear has expected value E[W] = 650 pounds and standard deviation sigma_W = 100 pounds. Use the Chebyshev inequality to determine an upper bound for the probability that the weight of a randomly chosen bear is at least 200 pounds heavier than the average weight of 650 pounds. a gaseous mixture contains 406.0 torr h2(g), 325.1 torr n2(g), and 66.3 torr ar(g). calculate the mole fraction, , of each of these gases. A container measures 2. 50 cm x 10. 1cm x 12. 2cm. When it is full of a liquid,it has a mass of 8501g. When it is empty, it has a mass of 682g. What is thedensity of the liquid in grams per cubic centimeter? is it true that, if a firm calculates its dso, it has no need for an aging schedule? explain. The boss sent you to pick up lunch with $32. 10, but you forgot how manyhamburgers and hotdogs to pick up! The cost of a hamburger is $1. 50 andthe cost of a hot dog is $1. 10. You must buy a combination of 23 items. Triangle JKL with vertices J(4,4) , K(4,6) , and L(1,6) represents an end table in Staceys family room. She wants to rotate the end table counterclockwise 180 about vertex J hedging one commodity by using a futures contract on another commodity is called group of answer choices surrogate hedging. correlative hedging. alternative hedging. cross hedging. proxy hedging. Tried to post this last night and no one helped. Please help now. :D The Iliad is a poem about war, the campaign of a large coalition to "punish" an overseas power for infractions against certain norms and standards. Discuss this point with reference to modern history and, especially, events of your own lifetime A small particle has charge -5.00 uC and mass 2.00 x 10^-4 kg. It moves from point A where the electric potential is VA= +200.0 Volts, to point B, where the electric potential is VB= +800.0 Volts. The electric force is the only force acting on the particle. The particle has a speed of 5.00 m/s at point A.What is the speed at Point B? A correlation is computed for a sample of n = 18 pairs of X and Y values. What correlations are statistically significant with ? = .05, two tails. 1. correlations greater than or equal to 0.456 and correlation less than or equal to_____ Identifying the Parts of SpeechDirections: Read the following sentences. Highlight the nouns in blue, pronouns in light blue, adjectives in yellow, verbs in green, adverbs in orange, prepositions in purple, and conjunctions in pink. 1. The swift train drove quickly through the night but still didnt arrive on time. 2. The ugly duckling wished he was a beautiful swan, and his wish came true. 3. The knight in shining armor asked the princess, Rapunzel, to let down her golden hair. 4. The talkative students ate lunch in the park when they should have been in class. 5. The eight-foot alligator took a nap in the sun while I silently paddled by on my kayak. Please just say what color it is thank you all so much. :) in the stomach, ___ chemically break down swallowed food.