When demand is unit elastic, a change in price causes total revenue to stay the same because A. total revenue never changes with price changes. B. the percentage change in quantity demanded exactly offsets the percentage change in price. C. the change in profit is offset by the change in production cost. D. buyers are buying the same quantity.

Afamily wishes to save for future college expenses. which financial tool should the family invest in?

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000