When a movie theater increases its price from $6 to $7, its quantity demanded decreases from 600 to 400 seats. Its price elasticity of demand (expressed as a positive number) equals _____
a. 0.2
b. 0.9
c. 1.8
d. 2.6
d
Business
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For appraisal purposes, "capitalization" is a process used to:
a. establish current market value. b. determine annual net income. c. find interest rate. d. convert income into value.
Business
A branch of a decision tree that is less favorable than other available options may be ________
Fill in the blanks with correct word
Business