Identify the correct formula for the calculation of price elasticity of demand
A) E = percent change in price/percent change in demand
B) E = percent change in demand/percent change in price
C) E = percent change in demand/percent change in supply
D) E = percent change in supply/percent change in demand
B
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The best, most effective point-of-purchase displays utilize the following techniques, except:
A) integrate the brand's image into the display B) integrate the display with current advertising and promotions C) offers some type of price discount or promotional incentive D) make the display dramatic to get attention
In 2013, the 10 most populous countries in the world accounted for just over ________ percent of the world income
A) 20 B) 30 C) 40 D) 50 E) 60
When the equity method is used to account for a long-term investment in the stock of another company, the carrying value of the investment is affected by
A) declines in the market value of the stock. B) the earnings and dividends of the investee. C) an excess of market price over cost. D) neither the earnings nor the dividends of the investee.
Which of the following accounts would be found on the debit side of the adjusted trial balance?
A) Accumulated Depreciation-Equipment B) Common Stock C) Dividends D) Wages Payable