When price rises, quantity demanded falls. The price elasticity of demand measures: the percentage fall in price. how much the equilibrium price rises. the responsiveness of an income change to a price change. the respeness of quantity demanded to a price change.

On September 5 , Zhu Company buys merchandise on account from Gao Company. The selling price of the goods is \( ¥ 15,000 \), and the cost to Gao Company was \( ¥ 8,000 \). On September 8 , Zhu returns defective goods with a selling price of \( ¥ 2,000 \) and the fair value of \( ¥ 300 \). Record the transactions on the books of Gao Company. Sept. 5 Sept. 5

Find the time required for an investment of 5000 dollars to grow to 6500 dollars at an interest rate of 7.5 percent per year, compounded quarterly. Your answer is \( t=\square \) years. You may enter the exact value or round to 2 decimal places.

\( \$ 5000 \) are invested in a bank account at an interest rate of 5 percent per year. Find the amount in the bank after 13 years if interest is compounded annually. 9428 Find the amount in the bank after 13 years if interest is compounded quarterly. 9539 Find the amount in the bank after 13 years if interest is compounded monthly. Finally, find the amount in the bank after 13 years if interest is compounded continuously.

A car was valued at \( \$ 39,000 \) in the year 1992. The value depreciated to \( \$ 12,000 \) by the year 2005. A) What was the annual rate of change between 1992 and 2005? \( r=\quad \) Round the rate of decrease to 4 decimal places.

We deposit \( \$ 17000 \) into an account earning \( 4 \% \) interest compounded semiannually. How many years will it take for the account to grow to \( \$ 42500 \) ? Round to 2 decimal places. \( \square \) years