Answer:
price elasticity of demand = - 1.286
so as decrease price from $200 to $160 quantity sale increase
so total revenue increase
Explanation:
given data
bookstore prices 1= $200 each
sells quantity 1 = 120 books per month
lowers price 2 = $160
sales increase quantity 2 = 160 books per month
to find out
price elasticity of demand
solution
we get here price elasticity of demand that is express as
price elasticity of demand =
.................1
put here value we get
price elasticity of demand = 
solve it we get
price elasticity of demand = - 1.286
so as decrease price from $200 to $160 quantity sale increase
so total revenue increase
Letter D is the correct answer.
In order for minors to participate in research, <u>there is no need of documentation of minors' assent. </u>Federal regulations only require voluntariness and informed consent; the subjects have to participate in research by free choice and be adequately educated about the study they are participating in.
Answer:
An entry to reinstate the account receivable and an entry to record payment
Explanation:
When an account previously written off is later collected, two journal entries are required. The first journal entry is to REINSTATE the account, and the second journal entry is to record ENTRY of payment.
Turkey, leaves, orange, yellow, feast, thankfulness, and family