Suppose the equilibrium price in the market is $60 and the marginal revenue associated with the linear (inverse) demand function is $20. Then we know that the own price elasticity of demand is?

One requirement of the business records exception to the hearsay rule is that the? a. business must be a medical office b. records must be accurate c. declarant must be deceased d. records must be less than one year old

In drewland, the money supply equals $1,000 and velocity of money is 3. the government budget is $300, consumers spend $1500, and investors spend $500. when national output is 30, then price equals

Suppose an ocean-front hotel rents rooms. In the winter, demand is: P_1 = 80 - 2Q_1 with marginal revenue of: MR_1 = 80-4Q_1. However, in the summer, demand is: P_2 = 140 - 2Q_2 with marginal revenue of: MR_2 = 140-4Q_2.

Maxwell Mining Company's ore reserves are being depleted, so its sales are falling. Also, because its pit is getting deeper each year, its costs are rising.

Using his skateboard, Edgar can travel 8 miles in 2 hours while his brother, Johnathon, can travel 10 miles in 3 hours. Who can travel the fastest?

A county accounts for its debt service payments in the General Fund. The amount of unmatured, unpaid interest on general long-term liabilities at the beginning of the year was $122,000 (listed on the LTL Schedule). The ending balance was $165,000.

The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. $ p = - {/color{black}0.07} x^2 - {/color{black}0.

Do you think I could ever start a band?

g. Kings Donut Inc common stock sells for $39.86 a share at a market rate of return of 9.5%. The company just paid its annual dividend of $1.20. What is the rate of growth of its dividend? Assume stock is in equilibrium.

Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cash provided by investing activities 120,000 Net cash used by financing activities 150,000.