Look at the table price elasticity. what is the price elasticity of demand (using the midpoint formula) between $2.50 and $2.25?

Answers

Answer 1
The difference is .25

Related Questions

To compare the $1-an-hour your grandfather earned in 1950 with the $8-an-hour you earn today, you would need to:

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In order to compare the $1 an hour your grand father earn in the year 1950 with the $8 an hour you earn today, you would needed to calculate real wages in both 1950 and today. Calculating both 1950 and today salary of your grandfather will help you compare the earning your grandfather worked.

Answer:

Your answer will depend on your opinion, but here's one possible list of priorities:

help your grandfather paint his house, for which he will pay you $100

work an 8-hour shift at your part-time job where you earn $9 an hour

babysit your cousins for a few hours today for $25

Explanation:

Brian has owned and maintained his house for 15 years. for brian, a light bulb is most likely what type of purchase?

Answers

"Minor Repurchase''- these are the most routine of all purchases and often the consumer returns to purchase the same product without giving much thought." So since light bulbs cost like a dollar, and you buy them probably once or twice a year, it seems reasonable. APEX Learning

Answer:

Minor Repurchase

Explanation:

Expensive high quality late harvest auslese, beerenauslese and trockenbeerenauslese wine is made from grapes which are typically:

Answers

For Auslese, the medium sweet wine is made from late picked ripe grapes that are affected by Noble Rot. For Beerenauslese, a very sweet wine is made from very ripe grapes that are affected by Noble Rot. For Trockenbeerenauslese, a very sweet wine made from even riper grapes that are affected by Noble Rot.

Online gambling sites do a really good job with which of the following ? A. All the music the company’s play on theirs site B. Payout. They pay off rally great C. Making you think you smart gambler who will not lose a lot of money D. Helping young people spend their money wisely

Answers

The answer would be C) because haha no its not D) because people today abuse gambling and as a result go to addiction and lose all their money. Not A) because any website can add any music or u can play music in the background. Not B) because that's incorrect.

A firm pays its accountant an annual retainer of $10 000. is this an economic cost

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When the firm pays an annual retainer of $10,000, it is monetary transaction. The accountant trades their time for money in return. An annual retainer is an explicit cost which is an economic cost.

In your community there are enough lawn care workers to fill all the lawn care jobs available. there are also no unemployed lawn care workers. you can assume that the wage paid to lawn care workers is _____.

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Base on the given scenario, you can assume that the wage paid to the lawncare workers is in equilibrium. An equilibrium is a way of having to show or influence a kind of balance in which the workers and the community are balance as they are fair and does not show any disturbances or negative consequences.

The manager of a shopping mall wishes to expand the number of shops available in the food court. she has a market researcher survey the first 110 customers who come into the food court during weekend afternoons to determine what types of food the shoppers would like to see added to the food court.

Answers

Cause of bias: sampling bias
best way to remedy this problem: ask costumers throughout the day on both weekdays and weekends. 
Final answer:

The mall manager uses a customer survey as a tool for market research. The intent is to gather data about customer food preferences to make informed choices about expanding the food court. Data collection and interpretation are key in understanding the audience and catering to their preferences.

Explanation:

The market researcher, hired by the mall manager, is employing a common method of market research, a customer survey. The 110 customers surveyed are a representative sample of the overall customer base of the food court. The main intent behind such a survey is to gather data on customer preferences to make informed decisions about expansion.

Similar to the marketing manager for the electronics chain store mentioned in the reference, who collects information through questionnaires, the mall manager is keen to understand customer preferences. This data will guide the manager in adding more desirable food vendors or shops in the food court.

The concept is also illustrated by Javier and Ercilia's survey or the survey done by the local radio station. The data collected helps in understanding the audience better and delivering what they need or prefer. While not all surveys constitute sociological research, they do aid businesses in strategizing better.

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"if a company has $152,000 of revenues, declares and pays $55,000 in dividends, and has net income of $89,000, how much were expenses for the year?"

Answers

The expenses were $63,000. How did I get this:

Net income = revenues - expenses

Plug the corresponding numbers into the formula:
$89,000 = $152,000 - E

Subtract $152,000 from both sides.

$89,000 - $152,000 = -E

$-63,000 = -E
Divide both sides by -1

E = $63,000

The expenses were $63,000

Side note, dividends are not a part of the net income and expenses.

What happened to the man who invested in a paper towel company and a revolving door factory?

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the answer is He was wiped out before he could turn around.
The pun is based on two major characteristics of the products created in each company. Paper towel products are created to wiped something out while the revolving door factory is created for big buildings such as malls and hotels in order to maintain traffic.

Delux technology has a reputation of reliability and a winning customer service, qualities that helped to build this highly respected name brand over the last 15 years. speaking at a recent business conference, steve, the ceo of delux, told his audience, "we have built our reputation by changing little over the last several years, but consistently helping customers with great, caring service and a reliable product." which type of strategy does delux technology use?

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The type of strategy does deluxe technology use is stability strategy.  A stability strategy alludes to a procedure by an organization where the organization stops the consumption on extension, at the end of the day, it alludes to a circumstance where organization don't wander into new markets or present new items. Stability strategy is received by organization because of following reasons

Who said "to be cheerful act as if cheerfulness were already there."?

Answers

The person is WILLIAMS JAMES.
William James is an American psychologist and philosopher. He was a leader of the psychological movement of functionalism.
One of William James quote says that the path to cheerfulness is to sit cheerfully and to act and speak as if cheerfulness is already there

Medical school requires a huge commitment in time and energy. how have you prepared for this commitment

Answers

Final answer:

Effective preparation for medical school requires understanding the need for personal and social sacrifices, determination, and implementing organizational systems. Early academic engagement and practical work experiences contribute to one's readiness. Awareness of the demanding nature of the health care profession is important for career planning.

Explanation:

Preparing for the rigorous commitment required by medical school is multifaceted. It involves making personal, social, and physical sacrifices, managing one's personal affairs effectively, and setting up organizational systems to handle the academic workload. One must approach career decisions with an understanding that the desire to become a doctor is only the first step. The journey ahead requires determination and a readiness to grab learning opportunities, which may even include simple tasks such as fetching coffees or filing documents. Every experience is a chance to learn and grow, which is particularly important when considering a profession in health care.

Success in medical school also comes from early preparation, as demonstrated when starting general studies classes early to be able to delve into one's major as soon as possible. The path to becoming a health professional is not only about having a passion for the field but also about having the resilience and the work ethic to face the demanding nature of the studies and future career. Understanding the impact of a health care career on personal time and labor, including potential late evening work, is crucial to making informed decisions about whether this path aligns with one's life commitments and ambitions.

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Mary works 39 hours a week and gets paid $9.25 per hour. she receives a raise, and now gets paid $390 per week. by how much did her weekly pay increase?

Answers

Mary weekly pay increased by $29.25 she worked 39 hours in a week. So, mary was raised by the $390 as per week.

What is weekly pay?

Weekly pay refers to that amount where employees receive their wages each week of the month.

Weekly Salary may not be include commissions, bonuses, incentive compensation, benefits paid under any qualified plan, any group medical or other welfare benefit plan, non-cash compensation or any other additional compensation.

The weekly rate of that amount which is pay for the services paid by the Employer to the participant at the time.

However,

Per hour = $9.25

Total hours = 39 × $9.25 = $360.75

Per week = $390

So, $390 - $360.75 = $29.25

Therefore, Mary gets weekly pay increased by $29.25

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Final answer:

Mary's weekly pay increased by $29.25 after receiving a raise, calculated by subtracting her initial weekly earnings from her new weekly pay.

Explanation:

Mary initially works for 39 hours a week at a rate of $9.25 per hour, thus her weekly earnings can be calculated by multiplying the number of hours worked by her hourly wage, which totals to $360.75 (39 hours × $9.25 per hour). After receiving a raise, her new weekly pay is $390. To find the increase in her weekly pay, we subtract her initial weekly earnings from her new weekly earnings, which results in a pay increase of $29.25 per week ($390 - $360.75).

Why is it important to keep your career plans flexible at this point in your life?

Answers

Answer:

it is important to keep your career plan open and flexible because in a point of your life you will question your plans and or find something else you want to do in life.

ex

if you are in an accounting major but you find out at the end of your years that you want to do something else like advertising, it might be too late for you to change your topic of interest.

sorry if this didn't help.

good luck

The career plan are set the future goals and aims for person are achieve in the future. A person explore to new opportunities are adopted and faced new challenges.

What is career?

The term career is related to the experience and knowledge gain in person life. The career are set is beneficial for person in future life. Career are built with the help of different courses. The career built with the help of good education, developed skills, and more experience of work life. A person career are create good personality.

Now, today's time opportunities are never ended a person easily grab the opportunities and choose correct plan for career. A person not to stick at one place they change the places and faces the new challenges. A person gain knowledge, experience, and developed skills as easy to developed in the life.

Hence, the significance of the career is aforementioned.

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When workers lose their jobs and become officially unemployed, the number of people in the labor force:
a. increases.
b. decreases.
c. remains constant.
d. becomes difficult to predict?

Answers

the answer to this is b) decreases.   if this is wrong please let me know.

Dynamic pricing is particularly suitable for internet based companies like amazon who want

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To complete the statement above:


Dynamic pricing is particularly suitable for Internet-based companies like Amazon who want to be responsive to shoppers' desires and marketplace changes. 


Dynamic pricing is a way to deal with setting the cost for an item or administration that is exceedingly adaptable. The objective of dynamic valuing is to permit an organization that pitches merchandise or administrations over the Internet to modify costs on the fly because of market requests.

Which of these credit card features would be best for customers who want to pay off the balance on a high interest credit card?

Answers

a low fee credit card.

Two parking attendants are required to park cars for each type A lot, while just one can handle each type B lot. Of the ten lots that will be used tonight, six are type A and four are type B. How many parking attendants are required for tonight's event?

Answers

16 because 2x6=12 4x1=4 so 12+4=16

Answer: 16 parking attendants are needed.

Explanation: The formula to solve for the number of parking attendants needed is 2A + B, where the variables are the identifying letter of each parking lot.

In order to solve the problem you need to substitute the number of lots into the formula:

(2 x 6) + 4 = 16

16 parking attendants are required for the evening’s event.

It is always possible to identify all the causes of a problem completely. T or F

Answers

False you can never always identify the causes to a problem 
The answer is actually false.

Which method of international expansion causes the least amount of risk? multiple choice joint venture licensing wholly owned subsidiary franchising exporting?

Answers

Exporting has the least amount of risk. This is because the company is simply selling its wares to other businesses and consumers, without having to worry about licensing the product, getting permissions from other governments, or having to jump through loopholes to get the product in the hands of the intended audience.

Describe the increased sophistication of today’s advertising methods over that of the last century. Which advertising methods impact your purchasing choices and why?

Answers

Nowadays advertisements can be much more targeted. Throughout history ads could be shown only to everyone or to no one and that's why they had to appeal to masses. Nowadays, adds can be targeted by monitoring what people like or purchase online and then these ads can be seen only by people who might be interested in them. Advertising methods that are popular nowadays and impact purchasing choices are funny adds that don't fit the mold and would be described as nonsensical or weird such as those adds by old spice for example.

Tom scheduled a meeting at a nearby convention center. He provided directions to all of the attendees. When Jenny read Tom's message, she realized that one of the streets in the directions was closed for construction. She knew a better way to get there and sent an e-mail out to let everyone know. The button she most likely clicked on to share this information was _____. Delete Forward Reply Reply to all

Answers

If she sent an e-mail out to each attendee of the meeting, she would have done "Reply to all".

Jenny most likely clicked on the "Reply to all" button to share the updated information about the closed street and the alternative route to the convention center with all the attendees. This button allows the user to reply to the original sender and all recipients of the original message. Thus, option D is correct.

What are the "Reply to all" button?

The "Reply to all" button is a function commonly found in email clients and messaging platforms. When you click the "Reply to all" button, it allows you to respond to the sender of an email or message as well as all other recipients of that same message.

The main function of the "Reply to all" button is to allow you to participate in a group conversation or discussion by sending a message to everyone in the conversation. This can be useful when you want to provide information, ask a question, or share your thoughts with everyone involved.

However, it's important to use the "Reply to all" button judiciously and only when necessary. In some cases, replying to all can clutter people's inboxes with unnecessary messages, cause confusion, or even reveal sensitive information to unintended recipients. So, it's important to always consider whether or not everyone in the original message really needs to receive your reply before clicking the "Reply to all" button.

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Charlie's chocolates inc.'s stockholders made investments of $74,000 and dividends of $32,000. the company has revenues of $107,000 and expenses of $76,000. calculate its net income.

Answers

Net income = revenues - expenses 
N = $107,000 - $76,000 = $31,000

Net income is $31,000

Dividends and investments aren't included in net income. 

Answer:

$63,000

Explanation:

Net profit = sales revenue + dividends = $(107,000 + 32,000) = $139,000

Net income = Net profit - expenses

Net income = $139,000 - $76,000 = $63,000      

Most founders' agreements include a ________ clause, which legally obligates the departing founder to sell to the remaining founders his or her interest in the firm if the remaining founders are interested.

Answers

The answer in the space provided is the buyback clause. The buyback clause is a sort of contract that has provision in which the seller has rights of having to purchase his or her own property with the use of rules or conditions.

Final answer:

A buy-sell clause in a founders' agreement obligates a departing founder to sell their stakes to the remaining founders. It helps in smooth ownership transition and prevents external interests.

Explanation:

Most founders' agreements include a buy-sell clause. A buy-sell clause legally obligates the departing founder to sell their interest in the firm to the remaining founders, if they are interested. This clause ensures a smooth transition of ownership and operation and prevents any external parties from acquiring a stake in the company without the existing founders' consent. The underlying rationale is tied to the concept of property rights which allows individuals or firms the right to enter into contracts with other parties concerning their property.

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State the general compass direction in which maple stream is flowing

Answers

The general compass direction in which Maple Stream is flowing is South Southwest or SSW. It can be south or S and it can also be Southwest or SW. Either of it can be considered and can be credited as direction of Maple Stream flow.



Consider an argument in which premise 1 is "if p, then q" and premise 2 is "q is not true." what can you conclude about p?

Answers

P is true.

I hope this helps

The question involves applying modus tollens in logic to draw a conclusion from a conditional statement and its negation. If "if p, then q" (p → q) and "q is not true" (~q) are given premises, we can validly conclude that "p is not true" (~p).

The subject of the student's question is logical reasoning in mathematics, which is a part of the critical thinking skills often emphasized in mathematics education at the high school level. The student's question involves understanding a conditional statement and its negated consequent to draw a valid conclusion.

Given Premise 1: "If p, then q" (p → q) and Premise 2: "q is not true" (~q), we can conclude that "p is not true" (~p). This form of argument is known as modus tollens, a common form of valid logical reasoning. In modus tollens, if the consequent of a conditional statement is false, then the antecedent must also be false. This form is universally recognized as producing valid conclusions when the premises are true.

Example:

Premise 1: If dolphins are fish, then they are cold-blooded. (p → q)

Premise 2: Dolphins are not cold-blooded. (~q)

Conclusion: Therefore, dolphins are not fish. (~p)

In this example, the argument is valid, and by using the premises provided, we conclude that if q (the consequent) is not true, then p (the antecedent) cannot be true either.

Is toys r us and babies r us the same store?

Answers

No they are separate. Might be the same company but they are two separate stores.

Margaret is the top manager of pecans, inc. she sets strict ethical standards for all employees. margaret, however, often takes some of the company's best nuts and sells them from her house. the ethical tone at pecans, inc. is

Answers

margaret is s hypocrite

Asterwood health club offers personal training sessions to its members. the sessions are either 30 or 60 minutes in length, and members can sign up to meet either two or three times per week. each 30-minute session costs $17.50; each 60-minute session costs $30. however, members who sign up for three 60-minute sessions per week receive a

Answers

20 percent discount on a personal training cession. A $45.00 value. You pay $36.00. Discount available with health club voucher. Given at front desk after completion of the minimum three 60-minute sessions per week. Offer available only at Asterwood health club locations with training schedules.

The default template places the formula results aligned to the ____ of a cell

Answers

The default template places the formula results aligned to the right side of a cell. The default layout contains the default organizing data for new content reports. On the off chance that you need, you can make another layout and utilize it as the default format.

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