As a result of Hurricane Irma causing the quantity of oranges to drop by 21%, the change in price of oranges will be increase of 14%.
<h3>What will be the change in price of oranges?</h3>
Price Elasticity is found as:
= Change in quantity / Change in price
You have the elasticity and the change in quantity so you can find the change in price as:
-1.5 = -21% / Price
Price x -1.5 = -21%
Price = -21% / -1.5
= 14%
In conclusion, price will increase by 14%.
Find out more on price elasticity of demand at brainly.com/question/5078326.
Answer: False.
Explanation:
Viral marketing is a form of marketing where information about a product or brand is made to spread very quickly among a consumers within a short period of time, with the aim that the popularity of the product would increase sales. In viral marketing the company is not directly involved in communicating with their customers, but rather communication is done on their behalf.
This was not really a question
Asian Americans are the most affluent and brand conscious demographic segment in the U.S. The older portion of the Asian American segment have more disposable income and are also likely to very brand conscious. As an overall group, they are inclined to using this disposable income towards purchasing entertainment goods and services, as well as goods and services associated with health care, travel and financial industry.
Answer:
3 billion
Explanation:
the financial account will be the cash inflow less the cash outflow:
Increase in foreign holdings of assets in the United States = $4 billion Increase in U.S. holdings of assets in foreign countries = -$1 billion
4 billion of dollar enter the US from aboard while 1 billion left the country with destination aboard in total the financial account will be:
4 billion - 1 billion = 3 billion
