Label the scenarios as examples of elastic, inelastic, or unit elastic demand. when ruko, a device used to stream movies at home, increases prices by 54 %, total revenue decreases by 67 %. when cinema supreme increases ticket prices by 26 %, total revenue does not change. when bluebox, a dvd rental kiosk, increases its prices by 49 %, total revenue increases by 25 %.

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.