Last year, Paula's income was $2,000, and she went to vacation twice. This year, Paula's income increased to $3,000, and she went to vacation five times. Determine the income elasticity using the midpoint formula.

Answers

Answer 1

Answer: 2.14285714286

Explanation:

Here is the equation, which we were able to simplify down to the percentage change in quantity divided by the percentage change in income.

((2-5)/(2+5))/((2000-3000)/(2000+3000))= 2.14285714286

Answer 2

The correct answer is ((2-5)/(2+5))/((2000-3000)/(2000+3000))= 2.14285714286

How do you find the midpoint formula?

To find the midpoint of any range, add the two numbers together and divide by 2. In this instance, 0 + 5 = 5, 5 / 2 = 2.5.

What is the formula for midpoint on a number line?

The Midpoint Formula works exactly the same way. If you need to find the point that is exactly halfway between two given points, just average the x-values and the y-values.

What is the midpoint formula in geometry?

The midpoint formula in coordinate geometry is defined as the formula to find the center point of a straight line, using the coordinates of its endpoints. The midpoint formula is used to find the halfway which is a point that divides the line into two equal parts.

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Related Questions

The greeting you use while at work after picking up the phone can be protected under trademark law.

a. True
b. False

Answers

Answer
Chegg.com all the answers are there
Hope it’ll help :D

three ways businesses can use creative thinking to solve business problems

Answers

Answer:

Encourage play. All work and no play can make for dull ideas. ...Bust out the LEGOs. ...Get out of the Office. ...Shake Up Your Brainstorming Sessions.

Explanation:

pls mark brainliest

what is the category right of HCL when it's a large company that hire many employees​

Answers

You can find the answer in wap.business-standard.com
Please I’m in need of brainiest

What resources do consumers typically have in limited supply that forces them to make trade-off decisions in consumption?
A. time, money, and attention
B. money, labor, and capital
C. time, attention, and capital
D. natural resources, land, and labor

Answers

Answer:a

Explanation:

The resources are time, money and attention

A consumer can be described as an individual that buys the good and services from a seller

Resources needed to satisfy human wants are limited while human wants are unlimited. Due to this, consumers have to make a trade-off

Trade-off is the opportunity cost of making a decision. It is the option that is forgone when a consumer chooses to consume a particular good over other goods. Rational consumers would choose to consume the good that yields the highest utility.

The resources of consumers are time, money, and attention

For example, assume a consumer has $100. The consumer can either use the money to purchase an economics textbook or jeans. The consumer would choose the option that yields the higher utility. This an example of trade off

Also, a student would have to decide if to spend her time studying or partying.

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If you know that Ana holds the highlighted position in the organization chart shown here, she is probably a manager. A job title associated with that level of management is

Answers

A job title which is associated with the level of position that is held by Anna is a team leader.

A team leader refers to a person who provides guidance, and leadership to the team in order to achieve a particular objective.

The team leader is also responsible for the achievements of the team and makes sure that organizational objectives are achieved.

In conclusion, Anna is a team leader.

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A position title that is linked to Ana's position is a team leader.A team leader refers to a person providing the team with advice and leadership towards a particular goal.The team manager is also responsible again for the team's accomplishments and ensures the attainment of organizational goals.You can assume that Ana has the highlighted position in the organizational hierarchy displayed here.

Therefore, Ana is a team leader, finally.

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plz help...... What is a term deposite​

Answers

A time deposit or term deposit is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its “term”. Time deposits differ from at call deposits, such as savings or checking accounts, which can be withdrawn at any time, without any notice or penalty.

Answer:

A term deposite is a fixed term investment that includes the deposite of money into an account at a financial institution

Why do your connection requests get rejected?

Answers

Answer:

There are so many reasons why your connection requests get rejected on LinkedIn:  

You are using LinkedIn automation tools without strategy You are sending too many connect invites manually You are sending templated connect notes  

Users who use advanced LinkedIn automation tools to send bulk connect invites often blame the tools for spamming. However, the truth is that your connection requests get rejected due to wrong practices, not because of LinkedIn automation tools.

JL Co. stock currently sells for $57 per share and the required return is 14.4 percent. The total return is evenly divided between the capital gains yield and the dividend yield. What is the current dividend per share if it's the company's policy to always maintain a constant growth rate in its dividends

Answers

Answer:

46%

Explanation:

for business ghsnbdjb

Why is it important for government to assess the the performance of the economy?

Answers

Answer:

to know the we are progressing or not

categories of rights

Answers

Answer:

Human rights comprise of civil and political rights, such as the right to life, liberty and freedom of expression; and social, cultural and economic rights

Categories of rights:)
Equality and non-discrimination
Integrity of the person
Adequate standard of living.
Thought, expression, association, and assembly.
Education and work.
Detention and trial.

plz help...... What is a term deposite? ​

Answers

Answer:

[tex].)a \: way \: to \: invest \: money \\ .)we \: can \: earn \: a \: fixed \: intrest \: through \: \\ this \\ .)money \: is \: depositing \: for \: a \: time \\ \: like \: one \: month \\ .)we \: cant \: take \: our \: money \: before \\ \: that \: period \\ .)if \: we \: need \: it \: urgently \: we \: must \: pay \\ \: a \: penalty \: fee \\ thank \: you[/tex]

A Registered Investment Adviser has discretionary control over 50 accounts that range in value from $200,000 to $1,500,000. She receives a free due diligence trip from a real estate limited partnership sponsor to inspect a property in Florida. She is enthusiastic about the investment potential and purchases a $50,000 real estate limited partnership unit in the property for each of her accounts. The RIA disclosed the fact that she received the free trip to each of her customers before making the purchases. Which statement is TRUE?

Answers

The best answer is B. It really does not seem likely that the partnership units were suitable for each and every one of the investment adviser's 50 accounts - the investment appears to have been bought for these accounts without regard to suitability.

How looting affects the business in terms of the relationship between social responsibility and triple bottom line?

Answers

Looting is simply stealing from the business. It is simply an act that is done to make a business inoperable.

Looting is an act of socially irresponsible people. They are acts that do not benefit the society at the end of the day. It reduces economic growth, causes a decline in welfare and also bad to the environment.

The triple bottom effect teaches that organizations should be able to measure their social as well as environmental impacts. Instead of being just focused on gains, they should be focused on the people, the environment also.

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Merchant Banking is a term referring to a financial organization (such as commercial bank) taking a temporary position in non-financial firm (e.g., Apple Computer) with the intent to later resell the position at a profit.
a. true
b. false

Answers

False

Merchant banking financial organizations to provide fundraising service to the larges corporation and high net worth clients. Marchante banking does underwriting and financial advisory. Merchant bank are not commercial bank. Commercial provide all banking facilities common public but merchant bank provide fundraising service to the large corporation.

Organism X is a brand new species to science. It lives deep in caves and thrives by absorbing carbon from other organisms. This organism is likely a:__________

a. chemoautotroph
b. photoheterotroph
c. photoautotroph
d. chemoheterotroph

Answers

Answer:

d. chemoheterotroph

Explanation:

chemoheterotrophs "are organism deriving energy by ingesting intermediates or building blocks that it is incapable of creating on its own. "

5. State the relationship between AC and MC.​

Answers

Explanation:

The relationship between the marginal cost and average cost is the same as that between any other marginal-average quantities. When marginal cost is less than average cost, average cost falls and when marginal cost is greater than average cost, average cost rises.

Answer:

AC and MC both are derived from Total Cost (TC).

AC means TC per unit of output and MC means addition to TC when one or more output is produced.

The country best known for the state approach in the 1980s, where the government played a central role in economic decision-making was:

Answers

In the 1980s, the country for the state approach at the time when the government should play a role in economic decision-making is the Soviet Union.

The information related to the Soviet Union is as follows:

It depends upon the ownership of the state in terms of production, collective farming, and the manufacturing made in the industry.The economic planning in this should be managed via the admin-command system.

Therefore we can conclude that In the 1980s, the country for the state approach at the time when the government should play a role in economic decision-making is the Soviet Union.

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In what form do households receive income from labor within a resource market?
O interest
O rent
Oprofit
O wages

Answers

In a resource market, households' income is known as D. wages.

A resource market is the market where businesses purchase resources (labor, capital, and materials) from other businesses or households in order to produce further goods. When the resources are converted into goods and services, the businesses make an income called a profit.

The income from labor is wages.  It is not A. interest, B. rent, or C. profit.  The resource market is not like the product market, where goods produced using resources are sold.  It is not like the financial market, where financial assets are bought and sold.

Thus, the correct option, which describes the income from labor, is D. wages.

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Kray Inc., which produces a single product, has provided the following data for its most recent month of operations. There were no beginning or ending inventories.
Number of units produced6,000
Variable costs per unit:
Direct materials $40
Direct labor $19
Variable manufacturing overhead $8
Variable selling and administrative expense $2
Fixed costs:
Fixed manufacturing overhead $144,000
Fixed selling and administrative expense $198,000
The absorption costing unit product cost was:_________.
a. $69 per unit
b. $61 per unit
c. $67 per unit
d. $91 per unit

Answers

C, is the correct answers

Suppose a monopolistically competitive firm is earning an economic profit. The marginal revenue from selling an additional unit is $30, and the marginal cost of producing that additional unit is $23. The firm should _____

Answers

The marginal cost 45 dollars

The score report of the wore. Test offers all of the following information except

Answers

Answer:

That doesn't make sense can you elaborate please?

All of the are following it staff members who manage and advance information systems in an organization day in and day out except:____.
a. analysts.
b. programmers.
c. computer operators.
d. application developers.

Answers

Application developers, D!

Programmers have an important job, which most are now being replaced with computers, but definitely isn't B, computer operators (IT) have to manually go into warehouses and fix their robots, Definitely NOT C, Analysts do the least amount of work? But developers isn't a very often day in day out job.

Which Personal Protective Equipment (PPE) and essential paperwork must be worn/carried at all times (select all that apply)

Answers

A closed-toe footwear, safety visibility vest and a driver's license must be worn/ carried at all times.

Although part of your question seems to be missing, you might be referring to this full question:

Which Personal Protective Equipment (PPE) and essential paperwork must be worn/carried at all times (select all that apply)

Closed-Toe footwear

Safety visibility vest

Driver's license

Medical certificate (for DOT drivers)

Personal Protective Equipment or PPEs are the protective suits worn to prevent a person from being infected by a dangerous disease or harmful chemicals. These kits are worn by medical workers as well as anyone dealing with hazardous chemicals.

PPE kits include any suit, medical gown, gloves, or any covering that provides safety from dangerous disease or chemicals. Such kits are worn to prevent the person from getting infected. They act as a barrier between the person and the dangerous element/chemical.

When dealing with any hazardous chemical or disease, it is necessary and safe for the person to wear closed-toe footwear, a safety visibility vest, and also carry a driver's license for any identification purposes. Thus, the correct answers are the first, second, and third options.

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Which phrase best describes economic specialization?

Answers

Answer:

Focusing on producing one type of good

Explanation:

A medium-size consulting engineering firm is trying to decide whether it should replace its office furniture now or wait and do it 1 year from now. If it waits 1 year, the cost is expected to be $14,500. At an interest rate of 15% per year, what would be the equivalent cost now

Answers

Answer:

The equivalent cost now for taking replacement decision of the furniture is $12,608.70

Decision: As the equivalent cost is less than the actual cost therefore the firm should repalce the furniture to minimise the replacement cost of the furniture in future.

Explanation:

If the furniture is to be repalced after one year then its equivalnet present value will be computed as follows:

[tex]\begin{aligned}\text{Present Value}&=\frac{\text{Cost}}{1+\text{Interest rate}}*\text{Number of year}\\&=\frac{\$14,500}{1+0.15}*1\\&=\$12,608.70\\ \end{aligned}[/tex]

What is a bank??????????

Answers

Answer:

A Bank is a financial institution that accepts deposits from public and creates a demand deposit while simultaneously makeing loans.

The bank is a business where people deposit and withdraw their money and borrow money.

The liabilities and stockholder's equity of a company are $132,000 and $244,000, respectively. Assets should equal a.$112,000 b.$376,000 c.$188,000 d.$132,000

Answers

The asset should equal $376,000.

Given that,

The liabilities of the company are $132,000.The stockholder equity of the company is $244,000

As per the accounting equation i.e.

Total assets = Total liabilities + stockholder equity

= $132,000 + $244,000

= $376,000

Thus all other options are incorrect.

Therefore we can conclude that The asset should equal $376,000.

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Nhà cung cấp hàng hóa ảnh hưởng gì đến doanh nghiệp

Answers

Che jist ches apoosh

A stock index has a value of 1,200, an anticipated dividend of $40.50, and a risk-free rate of 4%. What should be the value of one futures contract on the index? (Round your answer to 2 decimal places.)

Answers

Answer:

F = 1500*(1+.0575) - 62; F = 1524.25

Explanation:

Retained earnings is:_______.
a. always equal to the amount of cash that the corporation has generated from operations.
b. a part of the paid-in capital of the corporation.
c. a part of the stockholders' claim on the total assets of the corporation.
d. closed at the end of each accounting period.

Answers

Answer:

d. closed at the end of each accounting period.

Retained earnings are closed at the end of each accounting period. Thus the correct answer is D.

What are retained earnings?

After deducting all of a company's indirect and direct expenses, tax payments, and dividends payable to shareholders, the remaining profit is known as retained earnings.

Retained earnings boost a company's working capital structure and enhance its financial situation, which raises the fair value of its shares. Maintaining your company's financial performance boosts your balance sheet, which impacts shareholder equity and the value of the related stock.

Retained earnings are shown as the accumulated income from the previous year subtracting the dividends distributed to shareholders on the balance sheet at the completion of each accounting period.

Therefore, option D closed at the end of each accounting period is appropriate.

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