A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
$1,032.19. Assume that the next coupon payment is exactly six months away. a) What is the yield-to- maturity of the bond? b) What is the effective annual rate
Answer: The answer is price is 15 equilibrium quantity is 75 Consumer surplus is 60 Producer surplus is 90
Explanation:
D=120-3P
S= 3P - 30
At equilibrium Qd=QS
120-3P=3P-30
Collect like terms
120-30=3P+3P
Divide both sides by 6
90/6=6P/6
15=P
P=15
Substitute the value of P into equation 1
120-3 (15)
120-45
=75
To calculate the consumer surplus
Equilibrium quantity-Price
75-15
=60
To calculate producer surplus
Equilibrium quantity +Price
75+15
=90
Answer:
the same
Explanation:
Price elasticity of demand is the change in the quantity demanded or purchased of a product in relation to its price change. In this equation, place has no effect on the price elasticity of demand. Therefore, for a snickers candy whether is sold at airport or at the grocery store the price elasticity of demand is the same.
Explanation: what is this can you elaborate pls
