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Dividing the change in demand for the product by its change in price.
e=(change in demand)%/(change in price)%
Wiki User
∙ 13y ago
Wiki User
∙ 13y agodividing the demand for the product by its price
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Total expenditures are determined by?
ion kon
How can the total expenditures test be used to determine demand elasticity?
Total expenditures depends on the quantity multiplied by the price!
How do you calculate nominal deficit?
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
What is the United States Largest component of total expenditures?
consumption
How would a decrease in total expenditures affect the nation's economy?
it causes a recession
Total expenditures are determined by?
ion kon
What measures are used to assess the performance of not-for-profit organizations?
measures that are relevant are: (1) the ratio of program expenditures to total expenditures; (2) the ratio of administrative overhead to total expenditures; (3) the ratio of fund-raising expenditures to total expenditures
How can the total expenditures test be used to determine demand elasticity?
Total expenditures depends on the quantity multiplied by the price!
How can total expenditures test can be used to determine demand elasticity?
Total expenditures depends on the quantity multiplied by the price!
How the total expenditures test be used to determine demand elasticity?
Total expenditures depends on the quantity multiplied by the price!
How do you calculate nominal deficit?
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
How would an increase in total expenditures affects the national's economy?
An increase in total expenditures affect the nation's economy would cause an expansion.
What were farm production expenditures in 2001?
Total farm production expenditures reached $197 billion in 2001
What is the United States Largest component of total expenditures?
consumption
What is the formula for Net Operating Margin in Excel?
=(total revenue- total expenditures)/revenue. you get a percentage.
How do you calculate capital expenditures?
Capital expenditures or CAPEX, refers to the money spent to acquire and maintain the physical assets of a company. It can be calculated by subtracting the total assets from the total liabilities found on the company's balance sheet.
How would a decrease in total expenditures affect the nation's economy?
it causes a recession
