[jeff]

BEC Resources:

Free BEC Notes & Audio – https://www.another71.com/cpa-exam-study-plan

BEC 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

BEC Score Release: https://www.another71.com/cpa-exam-scores-results-release

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[HopefulCPA0601]

Can someone please put price elasticity and inelasticity in simple terms??

BEC: 65 - 79* - 84 DONE
AUD: 65 - 76 DONE
REG: 63 - 77 DONE
FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

[HopefulCPA0601]

ANYONE?!?!

BEC: 65 - 79* - 84 DONE
AUD: 65 - 76 DONE
REG: 63 - 77 DONE
FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

[HopefulCPA0601]

ANYONE?!?!

BEC: 65 - 79* - 84 DONE
AUD: 65 - 76 DONE
REG: 63 - 77 DONE
FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

[Zackrampage]

I just did becker chap 1 lecture on corporate governance hw and scored 58 🙁 need tips to study bec.

FAR - 62 , End of aug 2015
BEC - 67, 67
AUD - TBD
REG - TBD

[Zackrampage]

I just did becker chap 1 lecture on corporate governance hw and scored 58 🙁 need tips to study bec.

FAR - 62 , End of aug 2015
BEC - 67, 67
AUD - TBD
REG - TBD

[Anonymous]

Elastic occurs when demand is influenced by change in price, inelastic demand is influenced less by change in price. formula = change in demand over change in price. if that equals 1+ you got elastic, if its less than 1 its inelastic.

[Anonymous]

Elastic occurs when demand is influenced by change in price, inelastic demand is influenced less by change in price. formula = change in demand over change in price. if that equals 1+ you got elastic, if its less than 1 its inelastic.

[Anonymous]

PS – % change in both numerator and denominator in above formula. Nail this down then move onto ARC method.

[Anonymous]

PS – % change in both numerator and denominator in above formula. Nail this down then move onto ARC method.

[NYCaccountant]

I just started reading this chapter last night, but price elastic means that demand is heavily affected by the price of either a competitng good or the good you sell. So for example, if the opposition increases the price by 10% and your demand goes up 20%, the elasticity is 2.00, which means that for every change in price, your demand is 200% affected, so basically double. Anything over 1 means it's elastic, at 1 means it's unitary and less than 1 means it's unelastic.

I'm just learning this stuff last night, so please let me know where I screwed up.

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[NYCaccountant]

I just started reading this chapter last night, but price elastic means that demand is heavily affected by the price of either a competitng good or the good you sell. So for example, if the opposition increases the price by 10% and your demand goes up 20%, the elasticity is 2.00, which means that for every change in price, your demand is 200% affected, so basically double. Anything over 1 means it's elastic, at 1 means it's unitary and less than 1 means it's unelastic.

I'm just learning this stuff last night, so please let me know where I screwed up.

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[Zackrampage]

@NYC that was a good summary I look forward to remembering that when I get to economics. Thank you 🙂

FAR - 62 , End of aug 2015
BEC - 67, 67
AUD - TBD
REG - TBD

[Zackrampage]

@NYC that was a good summary I look forward to remembering that when I get to economics. Thank you 🙂

FAR - 62 , End of aug 2015
BEC - 67, 67
AUD - TBD
REG - TBD

[NYCaccountant]

@ Zack Corporate governance was partially covered at the beginning of REG, so the fact that I took REG already helped with this. When do plan on sitting?

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[NYCaccountant]

@ Zack Corporate governance was partially covered at the beginning of REG, so the fact that I took REG already helped with this. When do plan on sitting?

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[Author]

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