Assume the price elasticity of demand is unit-elastic. If price changes from $21 to $19, then the quantity demand must change from Ca. 416 to 464 units. b. 180 to 210 units. Cc. 210 to 180 units. Od. 464 to 416 units.

Answers

Answer 1

The quantity demand must change from approximately 416 units to 456 units when the price changes from $21 to $19, assuming unit-elastic demand. Option A is correct.

If the price elasticity of demand is unit-elastic, it means that the percentage change in quantity demanded is equal to the percentage change in price. In other words, if the price changes by a certain percentage, the quantity demanded will change by the same percentage.

The price changes from $21 to $19, which is a decrease of approximately 9.52% [(21-19)/21 × 100 = 9.52%].

Now, if we assume that the quantity demanded changes by the same percentage, we need to find the new quantity that is 9.52% higher than 416 units.

416 + (9.52% × 416) ≈ 416 + 39.63 ≈ 455.63 ≈ 456 units (rounded to the nearest whole unit).

Hence, A. is the correct option.

To know more about quantity demanded here

https://brainly.com/question/12538447

#SPJ4


Related Questions

PLEASE SEND HELP ASAP

Planning for regional natural disasters at work is _______.
a.
good practice
b.
unnecessary
c.
too cautious
d.
unsafe


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

A. good practice

Explanation:

planning for these disasters can help reduce damage,injuries,even death.

Answer:

A

Explanation:

Just in case something were to happen it would be good to know where to go and what to do. It can prevent deaths and injuries if the real thing were to happen.

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

learn more about managers here

https://brainly.com/question/32150882

#SPJ11

Negotiated transfer prices Blank______. Multiple select question. use the expertise of managers in weighing the costs and benefits of the transfer ensure that the supplying division will receive a market price are consistent with decentralization preserve the autonomy of the divisions ensure that all common costs will be covered

Answers

Negotiated transfer prices Blank uses the expertise of managers in weighing the costs and benefits of the transfer.

What is negotiated transfer pricing?

Negotiated transfer pricing refers to when firm representatives negotiate rates on their own, rather than relying solely on market prices.

Learn about the benefits and drawbacks of adopting negotiated transfer pricing through the example of two companies' negotiations. Transfer prices negotiated assesses the costs and benefits of the transfer with the help of managers.

Therefore, option A is correct.

Learn more about the transfer pricing, refer to:

https://brainly.com/question/14085963

#SPJ1

Select the correct answer.
All of the following are intended purposes of differentiated marketing EXCEPT
A.
To create brand loyalists
B.
To increase sales
C.
To save advertisement costs
D.
To generate referrals

Answers

Answer:

Explanation:

To save advertisement cost

If the market price is $1,100, the combined totalcost of all participating sellers is

Answers

The prices and quantities that would take place in a market with perfect competition are those that are socially efficient. This occurs at price B and quantity Y, when marginal cost equals demand.

A market's overall surplus serves as a gauge for the general well-being of all members. Combined consumer and producer surplus make up this amount. Consumer surplus is the gap between what customers are prepared to pay and what they actually pay for a good. Total surplus in a market is the sum of production surplus and consumer surplus. The total area under the demand curve and above the price serves as a proxy for the total surplus in a market. The producer's total gain (or producer surplus) is shown as the area of the triangle between P(i) and the supply curve when the producer's total cost (the triangle under the supply curve) is subtracted from his total income (the rectangle).

To learn more about marginal click on the link below:

brainly.com/question/15583202

#SPJ4

Use the drop-down menus to explain how to create a subreport. 1. Open the table in view. 2. On the Design tab, click Min Grouping & Totals. 3. Select "with a footer section" from a drop-down menu in a pane below. 4. Next, choose Subform/Subreport from the command group. 5. Place the cursor at an insertion point. Then, to create a space. 6. In the Subreport Wizard, choose what you want to include in the subreport from the main table. 7. Once you are satisfied, create a name for the subreport, and click Finish. DO NOT PUT ANY FILES JUST THE ANSWER.​

Answers

Answer:

design

group and sort

control

click and drag

Explanation:

gg

when is recording inventory at net realizable value permitted, even if it is above cost?

Answers

It is permitted as long as it is done consistently and the inventory is expected to be sold at the higher value.

Recording inventory at net realizable value is permitted when the market value of the inventory has decreased below the original cost. This is known as the lower of cost or net realizable value (LCNRV) rule.

However, in some cases, the net realizable value of inventory may be higher than the original cost, such as when there is a sudden increase in demand for a particular product.

In such cases, recording inventory at net realizable value, even if it is above cost, is permitted as long as it is done consistently and the inventory is expected to be sold at the higher value.

To know more about  inventory refer here

https://brainly.com/question/31500521#

#SPJ11

Explain how the U.S. economic system differs from the economic system in Cuba.

Answers

The economy of Cuba is a planned economy dominated by state-run enterprises. The government of Cuba owns and operates most industries and most of the labor force is employed by the st

The percentage of the US labor force that is unemployed is known as the __________.

A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change




Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

Explanation:

C

Answer:

C. national unemployment rate

Explanation:

i did the quiz, hope this helps<3!!

Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators

Answers

Answer:

O social and economic indicators

Explanation:

The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.

The HDI  makes comparisons between countries by analyzing components such as average annual income and educational achievements.

Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.

What is HDI ?

The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.

HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.

Thus, option C is correct.

For more information about HDI, click here:

https://brainly.com/question/11119149

#SPJ5

400 words- Provide an example where you observed a conflict between the results of a cost benefit analysis (CBA) and ethical decision making that you personally experienced. In your response briefly outline (1) the approach to the CBA (including the benefits and costs evaluated), (2) the ethical issues faced and (3) the overall considerations that lead to the decision.
(You can take example as per your convenience)

Answers

One example where I observed a conflict between the results of a cost-benefit analysis (CBA) and ethical decision making was during a project proposal for a large construction development.

Overall considerations: Although the CBA highlighted substantial economic benefits, the ethical concerns were crucial in the decision-making process. The stakeholders engaged in extensive dialogue to explore alternative s that would minimize environmental harm and protect indigenous communities. Ultimately, the decision prioritized sustainable development practices, respecting indigenous rights, and preserving the ecological balance. Despite potential economic gains, the project was scaled down, incorporating strict environmental mitigation measures, ensuring the welfare of affected communities, and preserving cultural heritage.

In this case, the conflict between the CBA and ethical decision making demonstrated the importance of balancing economic interests with environmental and social considerations to make a more holistic and responsible decision.

Learn more about ecological here:

https://brainly.com/question/30034964

#SPJ11

Conducting a trial of the complete marketing plan in a small geographic area that is similar to the larger market the firm hopes to enter is known as

Answers

Conducting a trial of the complete marketing plan in a small geographic area that is similar to the larger market a firm hopes to enter is known as: Market Test.

What is a Market Test?

A market test is a trial that is conducted to know the fate of a product in a future market.

This might require selling the product and introducing it to shops and outlets to see how the consumers will receive it. So, the correct answer is Market Test.

Learn more about Market Test here:

https://brainly.com/question/2889076

The CFO of a certain company always wears his green suit on a day that the firm is about to release positive information about his company. You believe that you can profit from this information by buying the firm's shares at the beginning of every day that the CFO shows up wearing this green suit. Describe which form of market efficiency is consistent with your belief.

Answers

Answer:

Semi strong form of market efficiency

Explanation:

Semi strong form of market efficiency holds the belief that security prices quickly adjust to reflect new information as it has accommodated public and  available and private market information , as a result of which the need for deeper analysis of stock  before investment might not be required.

As it is already known that a green suit on the CFO signifies a potential positive information about the company, making use of this private information towards investment is in line with the Semi strong form of market efficiency .

Look up data on the current unemployment rate, inflation rate, and/or GDP growth rate. Based on your data, comment on the current state of the economy.
Visit the "U.S. Economy at a Glance" page of U.S. Bureau of Economic Analysis website (via bea.gov)Links to an external site. for the current data.

Post a brief paragraph responding to the discussion prompt above. Your post should use concepts presented in this module. Your post must be completed before you can see posts from your classmates.

Answers

Current dollar GDP increased 6.7 percent year on year, or $414.8 billion, to $25.66 trillion in the third quarter.

The national unemployment rate was 3.7 percent in October 2022.

What is unemployment rate?

The unemployment rate is the proportion of workers in the labor force who are unemployed but actively looking for work. This measure excludes people who have not looked for work in the last four weeks.

Inflation is defined as an increase in the price of goods and services purchased by households. The rate of change in those prices is used to calculate it. Prices typically rise over time, but they can also fall (a situation called deflation).

The annual average rate of change in the gross domestic product (GDP) at market prices in constant local currency for a given national economy over a specified time period.

In this case, the percentages for the unemployment as well as the GDP of the United States is given above.

Learn more about GDP on:

https://brainly.com/question/1383956

#SPJ1

An airline decided to offer direct service from City A to City B. Management must decide between a full price service using the company's new fleet of jet aircraft and a discount service using smaller capacity commuter planes. It is clear that the best choice depends on the market reaction to the service the airline offers. Management developed estimates of the contribution to profit for each type of service based upon two possible levels of demand for service to the airline: strong and weak. The following table shows the estimated quarterly profits (in thousands of dollars). Demand for Service Service Strong Weak Full price $980 -$510 Discount $660 $320 (a) What is the decision to be made, what is the chance event, and what is the consequence for this problem?

Answers

Decision: Choose between offering a full-price service or a discount service. Chance Event: Level of demand for the airline service (strong or weak). Consequence: Estimated quarterly profits for each type of service based on the level of demand.

Decision to be constructed: The decision to be constructed is whether to offer a full-price service using the company's new fleet of jet aircraft or a discount service using smaller capacity commuter planes.

Chance event: The chance event in this problem is the level of demand for service to the airline, which can either be strong or weak.

Consequence: The consequence in this problem is the estimated quarterly profit for each type of service based on the level of demand. The estimated quarterly profits (in thousands of dollars) are provided in the table:

If demand is strong:

Full price service: $980,000 profit

Discount service: $660,000 profit

If demand is weak:

Full price service: -$510,000 loss

Discount service: $320,000 profit

The consequence is the resulting profit or loss based on the chosen service and the actual level of demand.

To learn more about demand, refer to the link:

https://brainly.com/question/1222851

#SPJ4

6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)

Answers

Explanation:

Your Credit History

Your Ability To Pay The Loan

Your Cash Flow History

Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000

Answers

The answer for this problem is c

4. To promote diversity, companies actively seek and promote individuals in all of the following areas
except
1. educational levels.
2.ages
3. Races
4. National origins

Answers

Answer:

1.

Explanation:

Educational levels cannot be diversified depending on the position, many require a minimum level of education to properly conduct job functions.

The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the A) rate of strategic uncertainty. B) demand uncertainty. C) implied demand uncertainty. D) average forecast error.

Answers

The uncertainty that exists due to the portion of demand that the supply chain is required to meet is B) demand uncertainty.

Demand uncertainty refers to the unpredictability of customer demand for a product or service. In the context of a supply chain, demand uncertainty can have a significant impact on the ability of the supply chain to meet customer demand in a timely and cost-effective manner. Factors that contribute to demand uncertainty include changes in consumer preferences, economic conditions, and unforeseeable events such as natural disasters or pandemics.

To mitigate the impact of demand uncertainty, companies may use various demand forecasting techniques and implement supply chain management strategies that allow for flexibility and responsiveness to changes in demand.

Learn more about demand forecasting here: brainly.com/question/19578952

#SPJ4

Lightskins or Darkskins


Or Other ?

Answers

Answer:

any kind of boy

Explanation:

I have no type

this type of financial institution has come under fire recently for targeting the poor and most vulnerable people in society with extremely high interest rates.

Answers

The type of financial institution that has come under fire recently for targeting the poor and most vulnerable people in society with extremely high interest rates is payday lenders.

Payday lenders are financial institutions that lend small amounts of money at high-interest rates with the expectation that the loan will be repaid when the borrower receives their next paycheck.

Payday loans are designed to be a short-term solution for people in need of quick cash, but they often lead to a cycle of debt that can be difficult to escape. They have been criticized for preying on the poor and vulnerable people in society who are most in need of financial assistance. Some payday lenders have been accused of using aggressive and deceptive tactics to get people to take out loans that they cannot afford.

As a result, many states have passed laws to regulate or ban payday lending altogether.

To know more about payday lenders refer here:

https://brainly.com/question/26968008#

#SPJ11

Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?

Answers

Answer:

Her debt to income ratio is classified as favorable

Explanation:

The given information are;

Elysha's gross monthly income = $3,000

The amount she pays as debt each month = $500

Therefore, her debt to in to income ratio, DTI, is given as follows;

DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167

We multiply by 100 to express the result as a percentage, to get;

0.167 × 100 = 16.7%

Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.

Answer: Good—between 15 and 20 percent

Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.

Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10; in the second round they play for $1,000. In the first round Gina suggests an 80/20 split ($8 to Gina, $2 to Henry), but Henry quickly rejects the offer as unfair. Assuming Gina is interested in gaining financially from the experience and that she understands behavioral economics, we would expect her to

Answers

Answer:

C. offer a more unequal split ($900/$100) in order to gain more for herself and figuring Henry will accept the split because $100 is better than nothing.

Explanation:

Since in the question it is mentioned that the first round play $10 then for second it would be $1,000. Split ratio is 80 by 20 but the same is rejected by Henry

For understanding the behavioral economics, i.e decision making effects  she should offer more unequal split i.e $900 by $100 so that she gain more as compared to Henry and at the same time Henry accept the $100 thinking that it is better than nothing

Hence, the correct option is c.

When organizing an Agile Release Train to optimize the flow of work and increase the delivery of value, which three DevOps practices are encouraged

Answers

The three devops that are encouraged in the agile release train are:

Visualize work in process and reduce batch sizes Perform System Demos Plan and rehearse failure response practices

What is the agile release train?

This is used to refer to the agile teams that are known to continuously

developdeliver operate.

They are known to operate one or more solutions of value in order to solve important problems.

Read more on an agile team here:

https://brainly.com/question/14257975

#SPJ1

John is responsible for security of his company's new e-commerce server. he wants to ensure that online transactions are secure. what technology should he use?

Answers

John is responsible for security of his company's new e-commerce server. he wants to ensure that online transactions are secure. He should use transport layer security.

    A widely used security technology called Transport Layer Security, or TLS, enables privacy and data security for communications over the Internet. Encrypting communication between web applications and servers, such as when web browsers load a website, is one of the main applications of Transport Layer Security.

  The Transport Layer Security protocol achieves its goals primarily through the use of encryption, authentication, and integrity.

Data transfer is protected from third parties by encryption.

Authentication is the process of confirming the identity of the persons sharing information.

Integrity: demonstrates that the data hasn't been altered or falsified.

To learn more about Transport Layer Security click here:

https://brainly.com/question/15021716

#SPJ4

What keeps firms from entering the market when a monopoly is able to produce where price is greater than average cost?.

Answers

Antitrust laws prohibit conduct by a single firm that unreasonably restrains competition by creating or maintaining monopoly power.

Traditionally, monopolies gain the corporations that have them, as they can improve expenses and decrease offerings without effect. But, they are able to harm purchaser pastimes because there's no appropriate opposition to encourage decreased prices or better-first-class services.

The benefit of monopolies is the guarantee of regular delivery of a commodity this is too pricey to provide in an aggressive marketplace. The disadvantages of monopolies consist of rate-fixing, low-pleasant merchandise, loss of incentive for innovation, and fee-push inflation.

Learn more about monopoly here https://brainly.com/question/5832236

#SPJ4

Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building

Answers

The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.

What is Economic Development?

In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.

The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.

Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.

Learn more about Economic Development here:

brainly.com/question/1645709

#SPJ1

Why does a price floor lead to surpluses?  Why does a price ceiling lead to shortages?  ​

Answers

Answer:

Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.

Your pretty much short in supply and cant fulfill the demand

While surplus

When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.

Theirs a a large amount of supply due to the pricing most likely beign high

Explanation:

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

PLEASE HELP ME ILL MAKE YOU BRAINLIEST

Answers

a formal code of ethics

In addition to saving money, what are some other ways you can show financial responsibility?

Answers

Answer:

you could start a savings a acount or a 401k plan to help with future problems or you could save for a new car.

Explanation:

Stabilize your income. If you're a young person, get a job.
Set financial goals. Take a few minutes to set some money goals.
Educate yourself. Financial savvy is not something you're born with.
Make a budget.
Save money.
Learn about employment benefits.
Establish a credit profile.
Avoid expensive debt.
Other Questions
n a ballistics test, a potato gun shoots a 0.34 kg potato into a 5.0 kg catching cart. The cart recoils at 3.7 m/s after catching the potato. Determine the initial velocity of the potato. for which of the following investments in securities is a firm most likely to report unrealized gains or losses on its income statement? 14. a) Calculate 27 + (42 7 + 3) 3 b) Work out 18 (66 10) c) Write the missing number to it correct. 9 + 7 x .. 18 = 54 d) A number is multiplied by itself and 8 is added. The total is 72. What is the number? It too Mrs. phillips 1.6 hours to run the 13.2 miles. What was his average speed Which choice is equivalent to 8x/10?O A. 18OB. 8.10OC. 20O D. 80 can someone help me pls What are the things you need to consider when you are going to choose a bank or credit union?. An open-top rectangular box is being constructed to hold a volume of 250 in. The base of the box is made from a material costing 5 cents/in. The front of the box must be decorated, and will cost 10 cents/in. The remainder of the sides will cost 3 cents/in. Find the dimensions that will minimize the cost of constructing this box. Front width: in. Depth: in. Height: in. The Sum of 2 positive numbers is 32. their difference of the same two numbers is 12. what is the Smaller number? does 1+1= window? yes or no?- Melascula What is the slope of the line through the points (3,7) and (5,15) sam needs to make a total of 60 deliveries this week. so far he has completed 54 of them what percentage of his total deliveries has sam completed? Find the sum of the first thirty terms of the sequence 7,12,17,22,dots what expression is equivalent to -3(6x+7)+4(7x+2) which of the following would be considered a supply-side policy? group of answer choices an increase in government regulations that require businesses to internalize pollution costs decreasing taxes to increase the incentive to work an increase in government spending that would lead to increased aggregate demand increasing the amount of social security contributions paid by businesses to help fund the social security program consider the reaction between 50.0 ml of liquid methyl alcohol, ch3oh (density 0.850 g/ml), and 22.8 l of o2 at 27c and a pressure of 2.00 atm. the products of the reaction are co2(g) and h2o(g). calculate the number of moles of h2o formed if the reaction goes to completion. If g(x) and f(x) are inverse functions, which graph represents g(x)? HTML, the markup language of the web, specifies colors using the RGB model. It uses a two-digit hexadecimal (that is, base 16) representation for each component of the vector, and concatenates the three numbers together to form one large, six-digit number. For instance, the HTML color code #80FF3B has red component 80, green component FF, and blue component 3B. In hexadecimal, the digits 0 through 9 have their usual meanings, but the letters A through F also function as digits, and have the meanings 10 through 15, respectively. Because hexadecimal means base 16, a two-digit number such as 3B thus has the meaning 163+11=59. The 16 is used because the 3 is in the 16s place, and the 11 is the meaning of the digit B. (If you found this introduction to hexadecimal notation too brief, consult the web for more details.) What is the maximum number representable with two hexadecimal digits? Nathan is saving up to buy a new phone. He already has $90 and can save an additional $10 per week using money from his after school job. How much total money would Nathan have after 4 weeks of saving? Also, write an expression that represents the amount of money Nathan would have saved in w weeks. Fellas I need help right now(First box includes: Movement, recognition, persistence)(Second box includes: Thick brushes, bold images, sharp pencils)(Third box includes: included in, prepared for, decided by)