On January 1, Year 1, a company with a calendar year end began developing a software program that it intends to market and sell to its customers. The software coding was completed on March 31, Year 1, at a cost of $200,000, and the software testing was completed on June 30, Year 1, at a cost of $100,000. The company achieved technological feasibility on July 31, Year 1, at which time the company began producing product masters at a cost of $125,000. What amount should the company report for the total research and development expense for the year ended December 31, Year 1?

Answers

Answer 1

Answer:

$300,000

Explanation:

On January 1, Year 1, a company with a calendar year end began developing a software program that it intends to market and sell to its customers.

The software coding was completed on March 31, Year 1, at a cost of $200,000, and the software testing was completed on June 30, Year 1, at a cost of $100,000.

The company achieved technological feasibility on July 31, Year 1, at which time the company began producing product masters at a cost of $125,000.

Therefore the amount that the company should report for the total research and development expense for the year ended December 31, Year 1 is the cost of software coding ($200,000) and software testing ($100,000) which are the costs up to the point, before the company started producing.

Answer 2

Final answer:

The total research and development expense for the year ended December 31, Year 1, is $300,000, as this is the sum of costs incurred up until the point of technological feasibility.

Explanation:

The company should report the total research and development expense for the year ended December 31, Year 1, as the sum of the costs incurred up until the point of technological feasibility, which is after software coding was completed, and software testing completed. The coding cost (incurred by March 31, Year 1) is $200,000 and the testing cost (incurred by June 30, Year 1) is $100,000. The total R&D expense reported will be $300,000 because costs incurred after achieving technological feasibility such as producing product masters are capitalized rather than expensed. So, the costs for producing product masters ($125,000) incurred after July 31, Year 1, when technological feasibility was achieved, are not considered part of the R&D expense.


Related Questions

If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Group of answer choices increase by $3 billion. decline by $9 billion. decline by $3 billion. increase by $9 billion.

Answers

Answer:

A

Explanation:

By definition, open-market operations change the monetary base.

In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.

So monetary base will increase by $3 billion.

In certain African countries like Niger, Tanzania, Nigeria, and Sudan, for example, GDP per capita at the start of the 2000s was still less than $___________.

Answers

Answer:

$ 300

Explanation:

GDP per capita is an economic measure of a country's output. It is an economic measurement parameter that takes into consideration the number of people. It is obtained by dividing the country's GDP by the total population of people in that country. As such, it a precise measure of a country's standard of living. It also serves as an indication of a country's wealth from the perspective of the people. It represents somewhat the purchasing power of the average citizen of a country

Mathematically represented thus:

GDP per capita = GDP / Population

At the start of the 2000s, the average citizen of these countries had a purchasing power of less than $ 300

Final answer:

In the early 2000s, certain African countries such as Niger, Tanzania, Nigeria, and Sudan had a GDP per capita of less than $300, indicating significant economic disparity compared to other regions like Russia, Argentina, and Mexico.

Explanation:

In certain African countries such as Niger, Tanzania, Nigeria, and Sudan, despite the economic growth waves other countries have experienced, the GDP per capita at the start of the 2000s was still less than $300. For comparison, countries like Russia, Argentina, and Mexico had a mid-tier per capita GDP of about $6,000-10,000 in the same timeframe. The figure of $300 for these African countries is a striking indication of socio-economic disparity, despite progress in other parts of the world, such as the growth observed in China (population: 1.4 billion) and India (population: 1.3 billion).

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The ________ are quite dynamic in terms of processing trades and incorporating information in prices and thus are considered very efficient markets. foreign bond markets fixed income markets equity markets domestic bond markets

Answers

Answer:

The correct answer is equity markets.

Explanation:

The equity markets are quite dynamic in terms of processing trades and incorporating information in prices and thus are considered very efficient markets.

The efficient market hypothesis (EMH) is a theory in finance and economics which suggests that the stock market or equity market is all knowing and therefore, the price is always right. Equity markets are considered as the meeting points for buyers and issuers of stocks. Equity markets use most effective trade instruments and thus are considered very efficient markets. Market efficiency refers to the degree of transparency of all available and relevant information in a stock market.

Over the last few months, Juan and his colleagues have analyzed the current business situation and identified target markets for his firm's personal care products. Finally, they developed the products, prices, distribution, and promotion that should appeal to each of those target markets. In doing so, Juan has also identified what he believes is an advantage his competitors cannot match. Juan and his colleagues have been developing:_________.
A. a business mission statement.
B. a strategic vision.
C. team-building exercises.
D. a marketing strategy.
E. competitive assessments.

Answers

Answer:

D. a marketing strategy.

Explanation:

Marketing strategy: It is long term approach to develop or penetrate market. Every stage of product life cycle require different marketing strategy. There are different analysis been done to come out with one marketing strategy that will help the company to achieve their primary objective. Strategy for marketing mix, such as product, prices, distribution and promotion are one of the most important strategy to tap the market and gain competitive advantage.

In the given case, Juan and his colleagues have developed a marketing strategy to gain more market share in their target market and how they can gain competitive advantage.

Under the terms of a divorce agreement entered into in 2017, Lanny was to pay his wife Joyce $2,000 per month in alimony and $500 per month in child support. For a 12-month period, Lanny can deduct from gross income (and Joyce must include in gross income):

a. $0

b. $30,000

c. $6,000

d. $24,000

e. None of these

Answers

Answer:

d. $24,000

Explanation:

A divorce agreement is a contract that is formed between a husband and wife that states conditions under which they are dissolving their marriage. It includes the terms that they will both agree to fulfil on marriage dissolution.

Once the contract is signed by both parties it becomes binding on them.

Under the alimony terms the amount that will be included as gross income deduction is the amount that is going to the recipient.

In this case the $2,000 for 12 months. The $500 will be paid as child support and not included in the gross income deduction.

Child support payments are not included in alimony.

Gross income deduction= 2,000* 12= $24,000

Answer:

B. $ 30,000

Explanation:

Given:

Monthly payments deducted

Child support = $ 500

Alimony = $ 2000

1 year = 12 months

Total amount payable in 1 year = child support in 2017 + alimony in 2017

= ($500 × 12) + ($2000 × 12)

= $6000 + $ 24000

= $30000

Companies often use social media influencers popular with their target market to promote their products. In this case, the influencers represent a(n) _______. a. dissociative reference group b. subculture c. aspirational reference group d. social class e. membership reference group

Answers

Answer:

C) aspirational reference group

Explanation:

An aspirational reference group can be described as a group of individuals with whom a person (or many millions in this case) wish to be associated with. This person will try to imitate their behavior, and most importantly their purchase behavior since he/she doesn't belong to that group but wishes he/she could.

Answer: In this case, the influencers represent an ASPIRATIONAL REFERENCE GROUP.

Explanation: An aspirational reference group can be said to be a reference group consisting of individuals that other individuals express a hope or intention to be associated with but doesn't belong to. So to be associated with or belong, other individuals copy the behavior of the aspirational reference group. In this scenario, the social media influencers represent the aspirational reference group who other people wants to be associated with..

Cricket Corp. issued, without consideration, rights allowing stockholders to subscribe for additional shares at an amount greater than par value, but less than both market and book values. When the rights are exercised, how are the following accounts affected?

Answers

Answer:

The capital issued due to issuing of rights issues will recorded as under:

Dr Cash received

Cr Share Capital at the rate par value

Cr Share Premium at the rate (amount received per share - Par value)

Explanation:

So these are the accounts that will be affected and all the remaining accounts will not be affected.

Buying an existing business is beneficial because: a.it does not require a large initial capital. b.it has an established relationship with lenders. c.it does not need to be nurtured. d.it has financial support from the government.

Answers

Buying an existing business is beneficial because it does not require large initial capital.

Option a

Explanation:

The idea of buying an existing business is much easier than that of starting a business. Buying an existing business includes lesser risks. When we are buying a business, it means that we are taking over an operation that is already generating some profits or cash flows.  

Moreover, it does not need enormous amount of capital since, majority of the setups will already be there and all we have to do is just to reconstruct and maintain it. We cannot be sure that whether the previous business holder had professional financial dealings with the government side so, it sometimes may become our duty to initiate the papers and get financial support from the government if required.

In addition, there are cases in which the lenders that the previous owner dealt with will not be the same as ours. Therefore, the answer would be option a.

You have recently been promoted, and your decisions will have a greater impact on your organization than before. Even if you try hard to make good decisions, what factors may contribute to poor outcomes?

Answers

Know-it-all mindset
Stress
Not adapting to modern standards
Laziness
Poor communication

In 2017, Boeing announced that it was laying off 1,800 employees in addition to the 7,000 workers it had cut the year before. The laid-off employees who were not able to find jobs at another aircraft manufacturer due to a permanent decline in employee demand in the aircraft industry would be considered

a) structurally unemployed.
b) frictionally unemployed.
c) seasonally unemployed.
d) cyclically unemployed.

Answers

Answer:

A. Structurally Unemployed

Explanation:

Structural unemployment is unemployment resulting from changes in the pattern of demand for goods and services or changes in technology like in this case. These changes may in turn alter the structure of the total demand for labour rendering some particular skill less in demand or may become obsolete. The demand for other skill however may expand. Unemployment in this case is the result of the composition of the labour force which does not respond quickly to new structures of job opportunities. In this case, there's a decline for workers demand in aircraft industry, as a result, the laid of workers skills are not matched with the probable current jobs available.

GANTT refers to the Generalized Activity Network Tracking Technique which was developed to better understand how variability in the duration of individual activities impacts the expected project duration.

Answers

Answer:

False

Explanation:

A Gantt chart is named that way because it was originally developed by Henry Gantt. A Gantt chart represents a project schedule and it depicts the relationship between the activities that are being carried out and their schedule status. It includes the start and finish dates of the project's main activities, tasks, dependencies and milestones.

A bond will sell at a premium when its coupon interest rate: is lower than the market interest rate on similar bonds. equals the market interest rate on similar bonds. varies more than the market interest rate on similar bonds. exceeds the market interest rate on similar bonds

Answers

A bond will sell at premium when its coupon interest rate exceeds the market interest rate on similar bonds.

Explanation:

Premium bonds are the bonds that are trading above par in the market. Further on the bond would trade on premium only when it offers a coupon rate exceeding the market rate that is being offered on similar bonds.

In simple lay man's language, the term premium and discount can be understood to carry a crude definition of high and low demand. When the demand would be high, the bonds would fetch a higher value and vice-versa.

Thus Bonds would highly be valued when it is paying interest that is greater than the interest prevailing in the market contemporarily.

Which of the following employees has the largest gross pay? a. Employee A: Total employee benefits $1,500 Total job benefits $49,800 b. Employee B: Total employee benefits $1,050 Total job benefits $51,200 c. Employee C: Total employee benefits $1,000 Total job benefits $51,900 d. Employee D: Total employee benefits $3,000 Total job benefits $52,300 Please select the best answer from the choices provided A B C D

Answers

Final answer:

When adding the total employee benefits and total job benefits, Employee D has the largest gross pay at $55,300.

Explanation:

To determine which employee has the largest gross pay, we need to add together the total employee benefits and total job benefits for each employee. Gross pay generally refers to the total earnings of an employee before any deductions such as taxes.

Employee A: $1,500 (employee benefits) + $49,800 (job benefits) = $51,300Employee B: $1,050 (employee benefits) + $51,200 (job benefits) = $52,250Employee C: $1,000 (employee benefits) + $51,900 (job benefits) = $52,900Employee D: $3,000 (employee benefits) + $52,300 (job benefits) = $55,300

Therefore, Employee D has the largest gross pay at $55,300.

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Downtown Coffee Roasters is a premium cafe that is reputed for its superior customer service. The coffee shop also serves gourmet food to its customers, which allows it to charge a premium price. Budget Beans, in contrast, is a chain of coffee shops that charges the lowest price in the industry due to its self-service policy. However, Perky's Coffee Inc. has found a balance between these two strategic groups by using automated ordering to free up its employees to work as master baristas and bakers, thus focusing on creating excellent products. It charges a price slightly above that of Budget Beans. In this scenario, Perky's Coffee is following a

a. liquidation strategy.
b. product diversification strategy.
c. market penetration strategy.
d. blue ocean strategy.

Answers

Answer:

D. blue ocean strategy

Explanation:

Which of the following management researchers formalized the theory that employees can be expected to perform better when they are motivated by a reward? a. Elton Mayo b. Frederick Taylor c. Gemba Kaizen d. Victor Vroom e. none of the above

Answers

Answer:

Victor Vroom

Explanation:

Vroom believed that an individual’s motivation was a combination of these three forces V,I and E. For an individual to be motivated they needed to believe that firstly, they could achieve a particular outcome (expectancy), and secondly, that by achieving the outcome (instrumentality) it would result in a positive valency (and not too many negative valencies).

An example of this might be the student who thinks that getting a good job is important (positively valent) and that working hard to pass their exams will help them to get a good job (instrumentality) and that they also believe that with hard work they are capable of achieving good grades (expectancy).

Edmond, the CEO of Hartman Manufacturing, said to his new vice president of accounting, "In the past I had resistance to new ideas by employees who felt that our plans threatened their influence or their jobs. So when you tell your collections department that we just hired a collection agency to handle bad debt, you may have to sell your collections manager and his supervisors on using the agency. You also have to emphasize the fact that nobody is going to be laid off." Selling middle and supervisory managers on changes to overcome their resistance is often a necessary part of:_______________.
A. strategy implementation.
B. reality assessment.
C. strategic control.
D. operational control.
E. strategy formulation

Answers

Answer:

A. strategy implementation.

Explanation:

Strategy implementation -

It refers to the practice of complying all the strategies and plans in order to attain some goal , is referred to as strategy implementation .

The practice require proper thinking and method , in order to plan in a very proper manner to accomplish the goal .

The process require some documents or soft copy of the steps involved and the rate of progress to track the project in a very concise manner .

Hence , from the given scenario of the question ,

The correct answer is A. strategy implementation.

Striving to be the low-cost provider is a particularly attractive competitive strategy when ___________.

Answers

Answer:

Buyers are large and have significant power to bargain down prices.

Explanation:

Low cost provider are the strategy to sell goods at the lowest cost possible, which help firms to gain more market share in the market and attract more customer, which can earn more profit for the firm. It is very helpful when number of buyer is very high and have the ability to bargain down the price of product. Low cost strategy will be attractive to buyer as they can switch at very low cost.

The CFO of company ABC wants to give every employee a 3% raise, but would like a report to confirm if this is possible. Write an SQL statement that would pull this report from the Employee table. They are requesting just the Employee ID, Current Salary, and Salary plus 3%. Salary is saved in the database for the employees annual pay.

Answers

Answer:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

Explanation:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

In the above  sql query  employee id is emp_id , curr_salary is the current salary column.  "curr_salary*1.03" is been made because an increment of 3% means salary + salary*3% , that is , salary*1.03.

According to a recent report by the Society for Human Resource Management, ________. the operations department should be the repository for corporate ethics business ethics and corporate culture are independent elements in today's workplace integrity and ethical behavior are marginally important for HR executives it is the duty of HR professionals to help create an ethical climate in their organization

Answers

Answer:

According to a recent report by the Society for Human Resource Management, It is the duty of HR professionals to help create an ethical climate in their organization.

Explanation:

Human resource management has become more specialized to meet the ever changing multi-dimensional workforce and organizational requirements.

one of the main issue in the workplace among workers in the distinction between Ethics and Corporate Culture.

management tends to less Ethical and focuses more on the profession itself but this reports adly on the organization due to workers resentment towards bosses

For that reason,

The operations department should not be the repository for corporate ethics business ethics and corporate culture shouldn't;t be independent elements in today's workplace integrity and ethical behavior should e very important for HR executives

Based on this premise, it is the duty of HR professionals to help create an ethical climate in their organization.

Glasvania, a European country, experiences a period of economic downturn that results in high unemployment. With most of its citizens out of work and having limited money to spend, the country's economy is dictated by low sales. Given the situation, all buyers are compelled to reduce their prices by a large margin. This scenario exemplifies_________

Answers

Final answer:

The economic situation in Glasvania, where high unemployment has led to decreased demand and sellers reducing prices, is known as deflation.

Explanation:

This scenario exemplifies deflation, a term in economics. When an economy experiences deflation, the general price level in an economy is reducing over time. It's often caused by a decrease in the supply of money or credit, but can also occur due to decreases in demand or supply of goods and services. This situation can appear during periods of economic crisis, such as the one Glasvania is experiencing, where high unemployment leads to less consumer spending and hence, lower demand. This lowered demand can cause sellers to reduce their prices, as they're doing in Glasvania.

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Blake Edwards has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. Blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. This is an example of __________________ influencing jobs in the future.

Answers

Answer:

Economic conditions

Explanation:

Based on the scenario being described within the question it can be said that this is an example of Economic conditions influencing jobs in the future. These conditions are the different aspects that affect the overall economy of a country which include GDP growth potential, the unemployment rate, inflation, as well as policy orientations.

After finishing college, Nathan joined his uncle's company in Miami, FL, a(n) _______ of bauxite, copper, and other minerals from the Chile. Every day, he brokers trades with mines in Chile to buy and transport these minerals into the U.S. a. exporter. b. quota manager. c. importer.

Answers

Answer:

importer

Explanation:

Importer -

It refers to the person or an organization , which is responsible to get the goods and services from one country to another for the sale purpose , is referred to as an importer .

The process of importing enables to use the goods produced by some other country , which can not be manufactured in that country .

Hence , from the given scenario of the question ,

The correct answer is importer .

Jeff and Rob have a difficult time getting along at work. Most days, Jeff spends a lot of time cracking jokes and goofing off, while Rob constantly nags him and tells him to act like a grown up. On days when Jeff is more reserved, Rob does not nag him, hoping that this will result in improved behavior down the road. This is an example of which form of behavior modification?A. Empowerment.B. Extinction.C. Punishment.D. Avoidance learning.E. Positive reinforcement.

Answers

Answer:

D. Avoidance learning

Explanation:

Based on the information provided within the question it can be said that this is an example of avoidance learning. This term refers to a when an individual removes themselves from a situation in order to avoid a stressful or unpleasant situation. Which is exactly what Rob is doing by not nagging Jeff on his good days in order to avoid Jeff acting immature later.

Elasticity is a. a measure of how much buyers and sellers respond to changes in market conditions. b. the study of how the allocation of resources affects economic well-being. c. the maximum amount that a buyer will pay for a good.

Answers

Answer:

Elasticity is  a measure of how much buyers and sellers respond to changes in market conditions.

Explanation:

Elasticity is a measure of a variable's responsiveness to a variation in another variable, most generally this consciousness is the variation in price applicable to fluctuations in other factors. It is predominantly practiced to evaluate the shift in consumer interest as a consequence of a variety in a good or service's price.

A product is supposed to be elastic if the quantity requirement of the product evolves drastically when its price rises or drops. Conversely, a product is deemed to be inelastic if the volume requirement of the product varies very little when its value alternates.

Final answer:

Elasticity is a measure of how much buyers and sellers respond to changes in market conditions. It helps economists understand consumer and producer behavior and make predictions about market outcomes.

Explanation:

Elasticity is a measure of how much buyers and sellers respond to changes in market conditions. It is a concept used in the study of economics to understand how people react to changes in price, income, or other factors affecting demand and supply.

For example, if the price of a product increases and the quantity demanded decreases significantly, we say that the product has high price elasticity of demand. On the other hand, if the quantity demanded does not change much with a price increase, the product has low price elasticity of demand.

Elasticity helps economists and policymakers make predictions and analyze the effects of changes in market conditions on the behavior of consumers and producers.

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Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need to offer students the best experience possible. They want to shrink their payroll slowly. They can accomplish this through:_______.A. temporary employees.B. pay reduction.C. downsizing.D. demotions.E. early retirement.

Answers

Answer: Early Retirement.

Explanation:

From the question in order for Hope college to give their students the best possible experience at school, they need to employ staff on a short term basis to avoid cost of paying long term staff very high salaries. This short term employment of staff would help the college save cost as the income the school receives is on the decline.

An organization has decided to increase the amount of customer data it maintains and use it for targeted sales. The privacy officer has determined that this data is PII. Which type of assessment should be completed to ensure the organization is complying with applicable laws and regulationsrelated to this data?

Answers

Answer:

Privacy Impact Assessment (PIA)

Explanation:

If an organisation has decided to increase the amount of customer data it maintains and use it for targeted sales. The privacy officer having determined that this data is PII, then the type of assessment should be completed to ensure the organization is complying with applicable laws and regulationsrelated to this data is the Privacy Impact Assessment (PIA)

The assessment to be Conducted  -  Privacy Impact Assessment (PIA) is to determine, for each type or classification or PII (Personally Identifiable Information) , how it is collected, where it is stored, and how it is disposed of, as well as the potential security risks for each type of PII.

Wholesome Pet Food has successfully specialized for 20 years in high-quality pet food made from all-natural ingredients and organically raised lamb. This brand has a strong following and is recommended by veterinarians who practice in affluent neighborhoods. Wholesome's main supplier of lamb has announced that the price for lamb will be 15 percent higher next year. Which of the following statements is true?A. Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer.B. Companies pursuing Wholesome’s business strategy are especially vulnerable to this risk.C. If Wholesome raises its pet food prices, customers will turn to less expensive brands such as Purina.D. Wholesome probably operates on very thin margins, and a cost increase will threaten its ability to earn average returns.

Answers

Answer:

A. Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer.

Explanation:

Wholesome pet foods has been providing services for 20 years and the are considered specialists in high quality pet foods. Their Strang brand following will make it possible to pass on the increased 15% cost of lamb next year.

Their clients have developed an attachment to the brand so they will be less sensitive to price increases, knowing they will always get quality product from Wholesome Pet foods.

Mr. Thomas wanted to remodel his business, so he got a loan of $43,000 at a rate of 6% He paid the loan off in 8 months. How much did Mr. Thomas pay in interest.

Answers

Answer:

$973.13

Explanation:

Using a loan calculator we can determine the amount of interest that Mr. Thomas paid:

principal = $43,000APR = 6% n = 8 months

monthly payment = $5,496.64

total payments (8) = $43,973.13

total interest paid = $973.13

Sarah Covington, a sales manager at Synergy Corporation Bank, often keeps low expectations of her team. She feels that they are underqualified for their job and do not have substantial experience to sell a large number of accounts. Covington's team does not feel motivated enough and invariably underperforms and misses targets on a regular basis. Which of the following concepts best explains Covington's team's poor performance?

Answers

Answer:

Self-fulfilling prophecy

Explanation:

Self-fulfilling prophecy is the term which is defined as the phenomenon of socio- psychological of expecting something or predicting and this prediction comes true as one believes it will and the consequences behaviors align for fulfilling those beliefs.

In short, it states that the people belief could influence their actions.

So, in this case, the concept which state the team poor performance is the self- fulfilling prophecy.

Expectancy Theory explains the poor performance of Sarah Covington's team due to low expectations, lack of motivation, and confidence.

Expectancy Theory best explains the poor performance of Sarah Covington's team. According to this theory, employees' performance is influenced by their belief that effort will lead to performance, performance will lead to rewards, and the rewards will be valuable to them.

When a manager like Covington has low expectations of her team and doubts their abilities, it can create a self-fulfilling prophecy where the team underperforms due to lacking motivation and confidence. To improve team performance, it is crucial to address the factors affecting employees' expectancy, instrumentality, and valence perceptions, thereby enhancing motivation and productivity.

If the price of a pack of post it notes increases from $2.00 to $2.80 and as a result quantity demanded falls from 160 to 80 units, what is the price elasticity of demand

Answers

Answer:

The price elasticity of demand is 1.25

Explanation:

The price Elasticity of Demand (PED) ia used to show the responsiveness of the demand of a good or service to a change in price. The PED can be either elastic (when the % change in demand is more than % change in price), or inelastic (when the % change in demand is less than the % change in price).

mathematically, it is represented as;

PED = (% change in demand) ÷ (% change in price)

Let us calculate the percentage changes.

% change in demand = (change in demand)/original demand × 100

= (160 - 80)/160 × 100 = 80/160 ×100 = 50%

% change in price = (change in price)/original price × 100

= (2.80 - 2.0)/2.0 × 100 = 0.8/2.0 × 100 = 40%

∴ PED = 50 ÷ 40 = 1.25 (elastic)

Other Questions
The purpose of this programming project is to demonstrate a significant culmination of most constructs learned thus far in the course. This includes Lists, Classes, accessors, mutators, constructors, implementation of Comparable, Comparator, use of Collections sort, iterators, properly accessing fields of complex objects, and fundamental File I/O. You will create a LinkedList of Word objects using all the words found in the input file words.txt. A Word object contains 2 String fields; 1 to store a word in its normal form and the other to store a word in its canonical form. The canonical form stores a word with its letters in alphabetical order, e.g. bob would be bbo, cat would be act, program would be agmoprr, and so on. The class Word constructor has the responsibility of storing the normal form of the word in the normal form field and converting the normal form into the canonical form which is stored in the canonical form field (you should call a separate method for this conversion purpose). Once all the words from the input file have been properly stored in a LinkedList of Word, you should use Collections to sort this list ascending alphabetically based on the canonical words by making the Word class Comparable. Using an Iterator on the LinkedList of Word, create a 2nd list (new LinkedList) consisting of objects of a new class named AnagramFamily. AnagramFamily should contain at least 2 fields; 1 to hold a list of "Word" words that are all anagrams of each other (these should all be grouped together in the original canonical sorted list), and the 2nd field to store an integer value of how many items are in the current list. (Keep in mind, because the original list contains both the normal and canonical forms, as the AnagramFamily List will also have, a family of anagrams will all have the same canonical form with different normal forms stored in the normalForm field of the Word class). Each AnagramFamily List of Word should be sorted Descending by normal form using a Comparator of Word (if you insert Word(s) into a family one at a time, this presents an issue on how to get this list sorted as each Word insertion will require a new sort to be performed to guarantee the list is always sorted. For this reason it is best to form a list, sort it, and then create an AnagramFamily by passing the sorted list to it). Sort the AnagramFamily LinkedList in descending order based on family size by use of a Comparator to be passed to the Collections sort method. Next, output the top five largest families then, all families of length 8, and lastly, the very last family stored in the list to a file named "out6.txt." Be sure to format the output to be very clear and meaningful. Finally, the first 4 people to complete the assignment should post their output results to the Canvas discussion forum for the remaining students to see the correct answer. Be sure to instantiate new objects whenever transferring data from one object to another. Also, be sure to include various methods for manipulation and access of fields as well as helper methods to reduce code in main, such as the input/output of file data (like all other assignments, you will be graded on decomposition, i.e. main should not contain too many lines of code). Part of your grade will depend on time. If written correctly (use of iterators and care taken when creating the anagram families), the running time should be less than 3 seconds. Programs that take longer will lose points based on the time. As encouragement to consider all options for speed, programs taking 1 minute will receive a 40 point deduction. Any longer than 3 minutes will receive only minimal points (10) for effort. Though the basic algorithms involved are straight forward enough, there is a great deal of complexity involved with various levels of access to specific data. As mentioned before and never so importantly as with this assignment, start early and set a goal for completion by this weekend. Trust me, this is sound advice. As a reminder, you will create at least 5 files: the driver, Word class, AnagramFamily class, and 2 comparators: 1 to compare Word objects for sorting descending based on the normal form of Word objects and 1 to compare AnagramFamily sizes for a descending sort. A parallel-plate capacitor is constructed from two aluminum foils of 1 square centimeter area each placedon both sides of a rubber square of the same size. The rubber dielectric is 2.5 mm thick, hasr2.5, andbreakdown field strength of 25 megavolts per meter. Find the voltage rating of the capacitor using a safetyfactor of 10. Albert, a nine-year-old, is teaching his six-year-old brother how to assemble a model airplane. First, Albert shows Abel how to set up the pieces, then how to glue the pieces together. Next, he guides his brother's hands as they glue two more pieces together. Finally, he watches his brother glue pieces by himself. The way Albert is interacting with his brother and providing help only as needed illustrates _______________ theory. How might being able to dive into verydeep water be an advantage for whales such asthe sperm whale? How might being able to dive into verydeep water be an advantage for whales such asthe sperm whale? Delinquency occurs at how many days past due on your loan repayment? What made the compass an important tool for sailors during the Age of Discovery? A. It was used to accurately measure time. B. It was used to find a ships direction of travel. C. It was used to improve a ship's communication. D. It was used to measure the position of a ship. I need help! What are some major things George Washington did?? a triangle has sides that measure 6m,8m,12m. is it a right triangle? Billy Bob works at the airport as a member of the ground crew. He typically takes off his hearing protection as he finds it cumbersome. Prolonged exposure to the roars of the jet engines will result in: Select the correct answer from each drop-down menu.What are the components of planning and organizing?Planning includes ( assigning tasks, defining tasks, recruiting) __________ , whereas organizing includes ( identifying alternatives, assigning responsibilities, monitoring progress ) __________. How has agriculture contributed to the decline of the Chang Jiang'swater quality?\ Even though we have known of many nuclear energy technologies for about one century some of these technologies have not yet been fully developed. Obtaining energy from thorium remains a challenge for many reasons. In a reactor, thorium is bombarded with neutrons and becomes U-233 and then U-234, which can undergo fission and produce energy. Complete the following U-234 fission reaction. Hint: Do not ignore the amount of energy given off by the reaction! 234.0 tlu . i37 154Xe + 3?Sr + 3 1.0087n + 180 MeV You have a three year fixed rate lease of $900/month due to expire next month. Your landlord is willing to renew the three year lease with a 3% total rent increase. What is your rent over the three year life of the new lease? 1244454647484950TIME REMAINING02:54:26Identify the tone of the following paragraph.Today, an old skinny man sits alone on a park bench. People passing by fail to recognize that his dusty and tattered hat quietlyrests on his rounded head. Thin, gray straw-like hairs poke their way from under the brim of the dusty, tattered hat waiting forsomeone to gift him with a simple glance. I sat next to him, offered him part of my sandwich and he said, "thank you for sittingnext to me, I frequent the park daily and no ever notices me like you did today."a. seriousC. resentmentb. concernedd. sorrowPlease select the best answer from the choices providedSave and ExitNextSubmitMark this and return Using the sum and difference formula to determine the exact value of cos165 The room numbers of two adjacent classrooms are two consecutive odd numbers. If their sum is 708, find the classroom numbers. Write code that prints: Ready! numVal ... 2 1 Start! Your code should contain a for loop. Print a newline after each number and after each line of text Ex: numVal = 3 outputs: Ready! 3 2 1 Start! Knelling Company reported a balance in Accounts Receivable of $50,000 and a credit balance of $3,000 in the Allowance for Doubtful Accounts. The companys aging of accounts receivable determined $12,000 to be uncollectible. Prepare the end-of-period adjusting entry to record bad debit expence. Penelope goes to work after school for 4.5 hours on Mondays, Tuesdays, and Fridays. She doesnt have classes on Wednesdays or Thursdays, so she works 8 hours each on those days. If she makes $413 each week, whats her hourly rate? aner what set of numbers are shaded on the hundred chart.A: only all the factors of 45B: only the multiples of 45C: only all the factors of 90D: only all the multiples of 90