answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lara [203]
1 year ago
15

In Cleveland, Clive sells 15 cloves at a price of $5 each. If Clive lowers his price by 10%, to $4.50 per clove, he will sell 16

, or 6.67% more. In Dallas, Delores sells 15 cloves for $5 each. If Delores lowers her price by 2%, to $4.90, she will sell 16 cloves, or 6.67% more. Please state all price elasticities of demand as absolute values. Round answers to two places after the decimal when necessary.
Business
1 answer:
blondinia [14]1 year ago
8 0

Answer:

The Price elasticity of demand shows the effect of a change in price on the quantity demanded. In other words, it shows the percentage change in quantity demanded as a result of a 1% change in price.

Price elasticity of demand = % change in quantity demanded / % change in price of good

Clive Cloves price elasticity:

= 6.67% / 10%

= 0.667

Delores Cloves price elasticity:

= 6.67% / 2%

= 3.335

You might be interested in
Imagine you have just bought some property and notice that the trees on the slope have curved trunks. what type of landslide eve
tigry1 [53]

The type of landslide event that the property most likely has is CREEP. Creep is the slowest type of mass wasting that requires years of gradual movement to have an effect on a slope. Slopes creep because of the expansion and contraction of a surface sediment as well as the pull of gravity. 

7 0
2 years ago
Your goal as a speaker is to help your audience understand, remember, and act upon your ideas. To improve comprehension and enha
maxonik [38]

Answer:

1. A

2. A

3. C

4. D and E.

Explanation:

1. Well-planned visual aids can increased audience interest and make the presenter appear more professional.

2. An advantage of using multimedia slides is that they enhance recall because the audience keeps the reference material.

3. Multimedia slides is a visual aid conveys a professional appearance by allowing the presenter to choose from many color, art, and font options.

4. Multimedia slides and handouts is a visual aid option that allows access to compatible A/V equipment, and each of the listeners can have a copy of the key tips in the presentation.

Generally, in order to have good communication and for the sake of impacting knowledge, speakers should help their audience understand, remember, and act upon ideas. Also, to improve comprehension and enhance retention, speakers are advised to use visual aids such as a multimedia slide, handouts etc. A multimedia slide can be designed or created through the use of a computer software such as Microsoft PowerPoint.

Additionally, the handouts should be shared to the audience at the end of the presentation.

3 0
2 years ago
Drag each event to the correct location on the chart.
saul85 [17]

Answer

Increase- a popular new diet prescribes

only olive oil for weight loss

Increase- a report in news stating that

consumption of olive oil

improves health

Decrease- a decrease in the price

of other vegetable oil

Decrease- research shows that olive oil

consumption leads to hair loss

Explanation:

4 0
2 years ago
1. Which of the following people is/are legally required to file a tax return?
Assoli18 [71]

Answer:

b. and d.

Explanation:

Amanda is not required to pay any tax, as She is earning less than $12200s. And, Jason as well cannot be asked to pay tax as he is earning less than the required limit. However, Greg and Erin are required to file their returns, as they are earning more than the allowed free limit.

4 0
2 years ago
Wanda Workout stopped at the local store to purchase a drink after her strenuous jog that morning. She purchased a large drink f
quester [9]

Answer:

Warranty of fitness for particular purpose.

Explanation:

Under the principle of implied warranty, products must be fit for the particular use for which they are intended. What does one do with a drink other than drink it ? Therefore, there was no need for Wanda to inform Kelly about the purpose, as Kelly is aware of the purpose for which Wanda wants the product.

Hence, it is seller Kelly's duty to ensure that the goods are suitable for that purpose.In other words, there was an implied warranty that the drink was fit to be consumed.

8 0
2 years ago
Other questions:
  • The document that lists the steps of the budget process is the
    12·1 answer
  • Farmer Corp. owned 20,000 shares of Eaton Corp. purchased in 2009 for $300,000. On December 15, 2012, Farmer declared a property
    14·1 answer
  • Free life, New Hampshire has a labor force of 80,500 persons and employment of 75,000. The unemployment rate for the city is: Gr
    15·1 answer
  • Consider an oligopoly in which firms choose quantities. The inverse market demand curve is given by P=a−b(q1+q2), where q1 is th
    10·1 answer
  • New Jersey Valve Company manufactured 7,800 units during January of a control valve used by milk processors in its Camden plant.
    8·1 answer
  • The charts that are helpful in making comparisons between categorical variables are a. bar charts and column charts. b. scatter
    8·1 answer
  • Martha entered into a contract with Terry, an art dealer. According to the contract, Terry was to supply 18 th century artifacts
    12·1 answer
  • Aaron has designed innovative accessories for hard-core bicycling enthusiasts.He knows where and how he will make them,and he ne
    8·1 answer
  • Given a prior forecast demand value of 230, a related actual demand value of 250, and a smoothing constant alpha of 0.1, what is
    13·1 answer
  • The Korean soap opera example discussed in the video is an example of how Domino’s was successful at educating the South Korean
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!