This question is based on the following table which shows the demand schedule for ice cream cones. Price Quantity demanded R1 100 R2 80 R3 60 R4 40 R5 20 20 What is the price elasticity of demand when the price changes from R4 per ice cream cone to R5 per ice cream cone? Use the formula for arc elasticity. (Ignore the negative sign and round off to 2 decimal places.) Answer:

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: Why do companies have to study their environment first before venturing into new business?

A: In economics and business, the environment refers to the surrounded area where people make economic…

Q: How does land tenure system contribute to food security

A: Food security exists when all individuals, consistently, have physical and monetary admittance to…

Q: What and why are property rights important?

A: Property rights furnish the proprietor with the lawful responsibility for assets. This is supported…

Q: A table is on sale for 15% off. The sale price is $374. What is the regular price?

A: The regular price is the the original or full price of a product or service before any discounts,…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Productive forces are Energy, equipment, and technology. The economic laws regulating the process…

A: Production factors:- Production forces are the resources used throughout the manufacturing process…

Q: Repayment of loan with interest is a capital expenditure True/False

A: # The upgradation for maintenance of physical assets is counted as capital expenditure.

Q: A set of ideas, values and beliefs about government and society That helps people make sense of…

A: Answer: Ideology: Ideology refers to the set of ideas, beliefs, manner of thinking, etc. of a person…

Q: pose/objectives of Community Development

A: Answer is given below

Q: All countries have a variety of different methods of allocating resources.

A: Sustainable resources are resources that can be used in a way that does not deplete them over time.…

Q: Advantages of Centralized/Center-led PurchasingStructures

A: Centralized purchasing is a system in which all sorts of inputs and services are provided through a…

Q: one idea of how important ethics are in the business industry.

A: Almost every corporation now has an ethics code. Technological advancements and digital…

Q: improvements in Canada goose

A: The uniqueness of the trademark is one of the secrets to Canada Goose's success. The term…

Q: why supplier is important for any organisations?

A: A supplier is an individual or a firm that provides a good or service to another economic activity…

Q: Business strategy for government agency to meet management challenges?

A: The main business strategy for government agencies is to go digital to reach a large number of…

Q: What important informations are required in evaluations?

A: Evaluation can be understood as a systematic and objective assessment of an ongoing or completed…

Q: Do you believe government should get involved in student loans

A: Government should  not get involved in student loans. Explanation: There are a few reasons  the…

Q: When the intended result is to be accomplished for community-service plan?

A: community service is a type of chipping in expected to help individuals or serve the more extensive…

Q: It is the amount of money paid for the use of borrowed capital. Future Worth Interest Principal…

A: Capital is often defined as the cash or any kind of asset which can be used to make expenditures.…

Q: Result of a market failure

A: The market failure refer to phenomena when the market does not behave as it is expected to behave…

Q: The W-4 tax form is used to determine how much your gross pay should be. avoid paying income taxes…

A: In an economy, taxation is considered as the complex economic system because it is different for…

Q: What are some mandates and compliance regulations that protect people's identity and privacy?

A: Concept Privacy refers to a person's ability to control when, how, and to what extent their personal…

Q: A plumbing contract called for certain “Crane” fixtures, but the contractor installed “standard”…

A: The breach in contract dispute could happen in any case, when there's lack of data about the need of…

Q: how to solve this question, and if it is possible without plagiarism, (one paragraph essay not more…

A: Here are some serious issues:  Water contaminations are seemingly the greatest key natural trouble…

Q: What is energy balance?

A: Economics matters is the sociol scientist that concentrates on the creation, circulation, and…

Q: True or false: you can request your free credit report online, over the phone, or by mail one time…

A: Credit Report is of great importance as it provides valueable information about the credit history…

Q: agricultural in north korea

A: Farming in North Korea is done on the flatlands of the four West Coast provinces. Intensive…

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: Legal and Ethical Behavior

A: There is a difference between the legal system and ethical decisions, even though they are used most…

Q: Write a 1000 word essay on Gun Violence.

A: Gun-related violence will be violence dedicated with the utilization of a gun (firearm or little…

Q: How to imorove quality education in the Philippines

A: Over hundreds of years of colonial occupation, first by Spain and then by the United States, the…

Q: How many types of loans are available to Indian farmers?

A: There are three types of loans available to Indian farmers.

Q: ramifications /effects for Employees moving from the UK to Germany?

A: The countries in the European Union can trade freely between labour, capital, goods and services.…

Q: Discuss world organizations that assist companies in developing and abiding by global standards to…

A: Consumer security is the task of defending consumers of products and services, as well as the…

Q: What do you think is the importance of Ethics in your career?

A: Economic Development is the process of structural transformation. The performance of an economy also…

Q: issues and challenges of economic impacts of tourism

A: Tourism is the act and process of spending time away from home for recreation, relaxation, and…

Q: The meaning of Private Benefit of EDUCATION.

A: Private profit means the person has the chance to create a profit, or to use or be provided…

Q: How do ypu think your unique environment and experiences have contributed to some of the differences…

A: Macroeconomics is used to study how firms and an economy can optimize the allocation of scarce…