Using the midpoint method, the price elasticity of demand for a good is computed to be approximately 0.75. Which of the following events is consistent with a 10 percent decrease in the quantity of the good demanded?

Personal financial planning is the process of creating and achieving financial goals? true or false

Because the demand for wheat tends to be inelastic. true or false

Avillage levied property taxes of $910,000 for calendar year 2019 on january 1, 2019 and immediately set up an allowance of $10,000 for uncollectible taxes. the village collected $870,000 in cash during 2019. it expected to collect $22,000 of the unpaid taxes during the first 60 days of 2020 and an additional $8,000 during the rest of 2020. how much should the village recognize as property tax revenues in its 2019 general fund financial statements? a) $870,000 b) $892,000 c) $900,000 d) $910,000