Answer:
$4,690
Note: The correct answer is $4,690 as calculated below based on the information provided but it is not included in the option. Kindly confirm this from your teacher.
Explanation:
This can be calculated using as follows:
Expected value of finishing = Base fee * Additional percentage * Probability of finishing
Therefore, we have:
Expected value of finishing 2 weeks early = $4,000 * 25% * 25% = $250
Expected value of finishing a week early = $4,000 * 20% * 55% = $440
As a result, we have:
Expected transaction price = Base fee + Expected value of finishing 2 weeks early + Expected value of finishing a week early = $4,000 + 250 + 440 = $4,690.
Therefore, the expected transaction price with variable consideration estimated as the expected value is $4,690.
Answer:
A price increase of 1% will reduce quantity demanded by 4%
Explanation:
If the price elasticity is 4 then, this demand is highly responsive to changes in price.
So it will decrease by more than the price increase.
we must remember that the price-elasticity is determinate like:
↓QD / ΔP = price-elasticity
if the cofficient is 4 then a 1% increase in price:
↓QD / 0.01 = 4
↓QD = 0.04
Quantity demanded will decrease by 4%
Answer:
O
Explanation:
To record on a map the activity of every customer that exited the store, who was subjected to close scrutiny of their shopping cart and receipt by a highly trained inspector, the symbol to use in this scenario is ○.
Cheers
Answer: 1000000000000000000
Explanation: use the calculate
Answer: Data visualization.
Explanation:
Data visualization is a method of representing data using charts and graphs to breakdown complex data in a way it can be easily understood. Companies can use data visualization to easily identify opportunities from it's market from a given set of available data.