subject
Business, 04.01.2020 01:31 amayaiscool3886

Zumba classes sell all 20 participant spots at a price of $4.50 each. when the instructor raised the prices to $5.50, 10 people attended the class. from the midpoint method, the price elasticity of demand for zumba is:
a. 0.50.b. 3.33.c. 2.50.d. 0.20.e. 0.20

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 01:10
1. alwaysrain irrigation, inc. would like to determine capacity requirements for the next four years. currently, two production lines are in place for making bronze and plastic sprinklers. three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. management has forecast demand for the next four years as follows: both production lines can produce all the different types of nozzles. the bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. the plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. three bronze machines and only one injection molding machine are available. what are the capacity requirements for the next four years? (assume that there is no learning.)
Answers: 1
question
Business, 23.06.2019 01:30
Vortex company operates a retail store with two departments. information about those departments follows. department a department b sales $ 800,000 $ 450,000 cost of goods sold 497,000 291,000 direct expenses salaries 125,000 88,000 insurance 20,000 10,000 utilities 24,000 14,000 depreciation 21,000 12,000 maintenance 7,000 5,000 the company also incurred the following indirect costs. salaries $36,000 insurance 6,000 depreciation 15,000 office expenses 50,000 indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. additional information about the departments follows. department square footage number of employees a 28,000 75 b 12,000 50 required: 1. determine the departmental contribution to overhead and the departmental net income for department a and department b.
Answers: 2
question
Business, 23.06.2019 03:30
What do u want to be when u grow up
Answers: 2
question
Business, 23.06.2019 12:10
When the united states buys more products than it sells from other countries what is created?
Answers: 3
You know the right answer?
Zumba classes sell all 20 participant spots at a price of $4.50 each. when the instructor raised the...
Questions
question
History, 24.09.2019 18:20
question
English, 24.09.2019 18:20
Questions on the website: 13722360