Want this question answered?
The formula for PED is (% change in quantity demand)/(% change in price). An increase in one will always result in a decrease in the other, and a decrease in one will also result in an increase in the other. therefore at all times in the equation there will be a positive and a negative. hence making the result always negative. your welcome
this is because of the resource concentration
OPEC controls the oil but oil companies control the price. The oil compnies contention is that if OPEC releases 100,000 barrels of oil it is worth 5 times the amount if OPEC released 500,000 barrels. Do not get me wrong, always follow the profit reports. Big oil sets the price on a fake demand.
Just use 5 times 15. $75.
The minimum price legislation is the commodity sold at any price price below the one stated example government or authorities. The intention is to protect the supplier at times when the market id at equilibrium and price tends to fall (due surplus). To be effective, a minimum price must be set above prevailing current market equilibrium price. Also there should be no cheating.
The question does not say decrease from what.
It is: (24-21.21)/24 times 100 = 11.625% decrease
It is: (320-32)/320 times 100 = 90% decrease
It is: (300,000-60,000)/300,000 times 100 = 80% decrease
It is: (1200-900)/1200 times 100 = 25% decrease
It is: (40-25)/40 times 100 = 37.5 decrease
It is: (4000-1000)/4000 times 100 = 75% decrease
It is: (200-110)/200 times 100 = 45% decrease
It is: (75-30)/75 times 100 = 60% decrease
It is: (60-36)/60 times 100 = 40% decrease
Discounts on air travel vary as far as the company that offers them, Often times companies will have special deals mainly after holiday times to offer a certain percent off travel tickets. As far as general price goes it will depend on how far one will travel, the amount of luggage or weight of luggage, and how many passengers will travel to name a few examples.
There really is no official price for netbook pcs. Since they area made buy different companies, different ways, etc. there will never be one uniform price. But, the price range of a netbook pc can be anywhere from $200 to maybe $1,000 at times.