Answer:
The annual loss expectancy (ALE) is:
= $1,500.
Explanation:
a) Data and Calculations:
Single loss expectancy (SLE) = $500
Annual rate of occurrence (ARO) = 3
Therefore, the annual loss expectancy (ALE) = SLE * ARO
= $500 * 3
= $1,500
b) The Annual Loss Expectancy is calculated by multiplying the annual rate of occurrence (ARO) by the single loss expectancy (SLE). While SLE represents the expected monetary loss every time a loss or risk occurs, and ARO is the probability that a loss or risk will occur in the year under consideration.
Answer: Option A
Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.
If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.
However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.
Thus, the correct option is A.
Country M's firms are likely to use a <u>higher </u>degree of financial leverage than U.S. firms. The cost of capital will likely be <u>lower </u>than that of the U.S. firm.
<h3>What is financial leverage?</h3>
Financial leverage is known to be the use of borrowed money that is a debt to handle or finance the buying of assets with the view that the income or capital gain or profit from the new asset will be more than the cost of borrowing.
Note that Country M's firms are likely to use a <u>higher </u>degree of financial leverage than U.S. firms. The cost of capital will likely be <u>lower </u>than that of the U.S. firm.
Learn more about financial leverage from
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Answer:
all of them
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Explanation: