At a price of $100, beachside canoe rentals rented 11 canoes. when it increased its rental price to $125, 9 canoes were rented. calculate the absolute value of the price elasticity of demand for canoe rentals using the midpoint formula.
a. 0.75b. 0.9c. 2d. 1.25

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false