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Debora [2.8K]
2 years ago
13

Suppose that when the price of gasoline is $3 per gallon, the total amount of gasoline purchased in the united states is 8 milli

on barrels per day. also suppose that when the price of gas decreases to $2.25 per gallon, the total amount of gasoline purchased is 12 million barrels per day. based on these numbers and using the midpoint formula, the percentage change in the quantity demanded is:
Business
1 answer:
mina [271]2 years ago
5 0

Assuming  the total amount of gasoline purchased is 12 million barrels per day. The percentage change in the quantity demanded is: 50%.

<h3>Percentage change in the quantity demanded</h3>

Using this formula

Percentage change in quantity demanded= (Total amount of gasoline purchased- total amount of gasoline purchased in united states)/ Total amount of gasoline purchased in united states×100

Let plug in the formula

Percentage change in quantity demanded=(12 - 8) / 8

Percentage change in quantity demanded =4/8×100

Percentage change in quantity demanded=50%

Inconclusion  the percentage change in the quantity demanded is: 50%.

Learn more about  percentage change in the quantity demanded here:brainly.com/question/25364127

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uppose your firm has decided to use a divisional WACC approach to analyze projects. The firm currently has four divisions, A thr
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Answer:

WACC for A: 9.05%

WACC for B: 9.50%

WACC for C: 12.20%

WACC for D: 12.65%

Explanation:

WACC for a division will be equal: Percentage of Debt in capital employed by the Division x Cost of Debt + Percentage of Equity in capital employed by the Division x Cost of equity = 50% x 6% + 50% x ( Risk free rate + Beta of each Division x Risk premium) = 3% + 50% x ( 4% + beta of each Division x Risk premium)

Risk premium for the 4 Divisions is equal to (Cost of equity for the whole firm - Risk free rate) / beta = 9%

Thus WACC for a division will be equal:  3% + 50% x ( 4% + beta of each Division x 9%).

Substitute beta of each Division from A to D provided in the question, we have: WACC for A: 9.05%; WACC for B: 9.5%; WACC for C: 12.2%; WACC for D: 12.65%.

7 0
3 years ago
The three components that are most important for establishing credibility are competence, caring, and.
goldfiish [28.3K]

The three components that are most important for establishing credibility are competence, caring, and Character

Credibility includes objective and subjective elements of the credibility of a source or message. Authenticity goes back to Aristotle's rhetorical theory. Aristotle defines rhetoric as the ability to see potentially persuasive things in any situation. He classified the means of persuasion into three categories: ethos (reliability of sources), pathos (emotional or motivational appeals), and logos (logic used to support claims). Affect the recipient of the message. According to Aristotle, the term "ethos" deals with the personality of the speaker.

The speaker's intention is to appear believable. In fact, the speaker's psyche is the rhetorical strategy employed by the speaker with the aim of "instilling confidence in the audience." Credibility has two key components, he said, credibility and expertise, both of which have objective and subjective components. Reliability is based on subjective factors, but can also include objective measures such as perceived reliability.

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8 0
1 year ago
B
ludmilkaskok [199]

Answer:

1)decrease 2)increase

Explanation:

Because the money come in the business

5 0
3 years ago
Which of the following is a communication tool that can be used to strengthen a salesperson's presentation? A. testimonial B. th
adoni [48]

Answer:

E) all of the above

  • A. testimonial
  • B. the product itself
  • C. portfolio
  • D. advertisements

Explanation:

Testimonials are statements that support your credibility, reputation or level of expertise.

If you are trying to sell something, it always helps to be able to show the physical product.

You should keep updated your sales portfolio specially with any new deal or promotion offered by the company or different discount prices.

Advertisements always help by making more people know about your product.

7 0
3 years ago
Emilio saw a wonderful all-in-one kitchen appliance for sale on TV. The appliance would allow him to get rid of six small applia
icang [17]

Answer:

C) low-ball technique.

Explanation:

The low ball sales technique is legal, although it is also deceiving. It refers to a technique where a good or service is offered at a low price to attract customers' attention, and then the product or service is offered at a much higher price to include all the amenities or functions initially offered.

This is a very common car sales technique where a car is advertised at a certain price and the features offered correspond to a higher trim. Once the customers approach the dealership, they are told that the advertised price was for the basic model and that the advertised car is actually worth much more.

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3 years ago
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