Question: Hello, please help me with this homework. I got -0.67 answer but it was wrong. is it because of absolute value= -0.67 and it becomes

Hello,

please help me with this homework. I got -0.67 answer but it was wrong. is it because of absolute value= -0.67 and it becomes 0.67? i'm not sure. thank you so much

The price of Shoes in Japan is Yen 1000.When exchange rate is Yen=$1/100, the Quantity of Imports of Shoes from Japan is 150000.

Today, theexchange rate is Yen=$1/200, and the Quantity of Imports of Shoes from Japan has risen to 200000

What is the elasticity of imports? (Use the situation withYen=$1/100 as the starting point)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

PartII. Institutions The great conflict between capitalism and communism is over. Communism has collapsed; capitalism has won. Or so we think. But if you take a closer look at the structure of these...

Can someone please help me with this code? I posted this previously and no one has looked at it. I could really use the help. Thank you. The goal of this assignment is to reinforce using stacks in...

Hello, Please answer help following question about POD Cast below Also, can you use listed refence below to help answer question number 3 1. Cite the podcast and summarize the episode's key insights,...

All the information are in it (i) g(x) = x?(x + 5)%(x 1)(x 4) (a) Degree: ; Leading coefficient: ; based on this the end behavior is: (b) the x-intercepts: X-intercept Multiplicity Bounce or cross?...

This journal should reflect upon what we learned in chapter 5 below, on Immanuel Kant in the Sandel book. As you write your journal in the direction that you like, please follow the following...

Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use...

This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution as requested by the work's original creator or licensee. 1...

You should construct a decision tree that includes one decision node (purchase a new EHR system) or maintain the status quo (retain the existing EHR system). There are the two EHR systems under...

Please help me use this book for citation for my essay Read the book Boss - 2014 "Moral Reasoning" Ethics for Life- A Text with Readings Ch2 CHAPTER 2 .first importance. Mo,af ReaEoning In a...

CSCI 2530 assignment please help! Follow all instructions! Thank you! Purpose of This Assignment This assignment exercises your knowledge of arrays and functions. It also gives you experience...

Give an example of a sample space 2 and events A and B such that P(A\ B) + P(A) P(B). Is it possible to find such an example if BC A?

Total number of outstanding shares is 2.5 million of company AAA. The founder keeps 14% of 2.5 million shares, which are B shares. The rest other investors keep 86% of 2.5 million shares, which are A...

Pera Inc. is planning to buy a plece of equipment that can be used in a 7 - year project. The equipment costs $ 3 , 0 0 0 , 0 0 0 ; has a tax life of 1 0 years, and is depreciated using the straight...

Light of wavelength 121.6 nm is emitted by u hydrogen atom. What are the (a) Higher quantum number and (b) Lower quantum number of the transition producing this emission? (c) What is the name of the...

Determination of the density of a fluid has many important applications. A car battery contains sulfuric acid, for which density is a measure of concentration. For the battery to function properly,...

The human brain and spinal cord are immersed in the cerebrospinal fluid. The fluid is normally continuous between the cranial and spinal cavities. It normally exerts a pressure of 100 to 200 mm of...

Distinguish between a current liability and a contingent liability. Give two examples of each type.

How are current liabilities related by definition to current assets? How are current liabilities related to a companys operating cycle?

Use the Chain-Ratio method to estimate annual US demand in 2022 for Coke soda. Clearly list and justify all assumptions. Note: Although the Chain-Ratio method is typically used to estimate market...

10. First test yourself and then let another member of the group test you in relation to the following questions. If deviations occur, discuss why this might be. What can the results of this test be...

5. Based on your desired future, answer the following questions: (a) What do you want, i.e. what goals have you set yourself? Set up three goals in order of priority. (b) Why do you want this? (c)...

1. Discuss the following statements: (a) Its what you are best at that will be your downfall. (b) How can we learn but not learn? (c) Learning to see is different from seeing. (d) Creativity is...