Business, 16.10.2019 00:00 dallisjuhnke
The acmeville metropolitan bus service currently charges $0.88 for an all-day ticket, and has an average of 433 riders a day. the bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. they must therefore find a way to increase revenues. the bus company is considering increasing the ticket price to $ 0.99 . the marketing department's studies indicate this price increase would reduce usage to 182 riders per day. calculate the absolute value of the price elasticity of demand for bus tickets using the simple percentage change method. round your answer to one decimal place.
Answers: 1
Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
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Business, 22.06.2019 14:30
Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.
Answers: 3
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
The acmeville metropolitan bus service currently charges $0.88 for an all-day ticket, and has an ave...
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