the fully allocated cost of a product is $10. If the price elasticity of demand for the product is -2, then the firms optimal markup is 10% 100% 200% or 300.
Demand is said to be relatively elastic if a relatively small change in price is accompanied by a disproportionately large change in quantity demanded. Mathematically, demand is said to be relatively elastic if its elasticity coefficient (that is, the result of the PED formula) is greater than 1.
Elastic demand or supply is when the elasticity is greater than 1, indicating high responsiveness to price changes. Inelastic demand or supply is one with elasticity less than 1, indicating a poor response to price changes.
A product with 0 elasticity is considered completely inelastic because changes in price have no effect on demand.
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Answer:
Exchanging among two nations:
Devaluation of productivity in two nations to the work will impact the business in the market. Directly it consequences for the benefit on the company. If we talk about the issues and the explanations behind downgrading between the nations, it will matters a great deal in the item trade and boundaries between the trading. If the work compensation increments on profitability, eventually work can deliver most extreme items which prompts colossal stockpile between the two nations.
If there is no devaluation there is no downgrading, at last creation increments in amount and furthermore work hours will increment with viably, at that point certainly work will get the real wages without creation misfortune and it assists with delivering substantial creation.
We can investigate the expectation for everyday comforts and the seriousness between the nations and produce the item as needs be
If we follow the strategy follow the methodology of production will increment and there will be no devaluation further. Labour will get great wages when contrasted with previous. It encourages in great benefits to the organization.
I believe it meant both alien immigrants and non-alien immigrants? Is this the correct context, immigration? Or, does it mean extra-terrestrial life? I would need to see context to know for sure, but I believe it is referencing immigration.
Answer:
$834.73
Explanation:
the market value of the bonds is calculated by adding the present value of its maturity value (face value) + the present value of its coupon payments. The discount rate will be the market rate instead of the coupon rate:
PV of face value = $1,000 / (1 + 6.5%)²⁰ = $283.80
PV of coupon payments = $50 x 11.01851 (PV annuity factor, 6.5%, 20 periods) = $550.93
the bond's market value = $283.80 + $550.93 = $834.73