Answer:
-3.28
Explanation:
Given that,
Initial quantity, Q1 = 2
Final quantity, Q2 = 0
Change in quantity = Q2 - Q1
= 0 - 2
= -2
Initial income, M1 = $8
Final income, M2 = $15
Change in Income = M2 - M1
= $15 - $8
= $7
Average quantity:
= (2 + 0) ÷ 2
= 1
Average income:
= (15 + 8) ÷ 2
= 11.5
Therefore,
Percentage change in quantity demanded:
= (Change in quantity demanded ÷ Average quantity) × 100
= (-2 ÷ 1) × 100
= -200%
Percentage change in income:
= (Change in income ÷ Average income) × 100
= (7 ÷ 11.5) × 100
= 60.87%
Income elasticity of demand:
= Percentage change in quantity demanded ÷ Percentage change in income
= -200 ÷ 60.87
= -3.28
Answer:
C. These changes will not affect the breakeven point
Explanation:
The BEP which is the break even point is the point where the company's sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
As such, the net operating income/loss is the difference between the sales and the total costs
Let the number of units to break even be u, the variable cost per units be v
then before the increase,
u(1 - v) = 400,000
u = 400,000/(1 - v)
After the increase
u(1.1 - v) = 480,000
u = 480,000/(1.1 - v)
Assuming a random figure of $0.50 for the variable cost per unit, the units required to breakeven before the changes made
= 400000/(1-0.5)
= 800,000 units
After the changes made the units required to breakeven
= 480,000/(1.1 - 0.5)
= 480,000/0.6
= 800,000 units
Answer:
b) nondisclosure statement
Explanation:
Based on the scenario being described within the question it can be said that the individual in this scenario must sign a Non-disclosure agreements. Like mentioned in the statement this is a legal contract that prohibits the signing individual from revealing any confidential information to anyone other than the parties involved with the contract. This contract is legally binding and is used in many situation in which confidential information is involved.
Answer:
Option D is false
Explanation:
You can prevent client codes from creating objects of a class by providing a single private constructor that consists entirely of static fields and methods for example
public class Validation
{private Validation() {} // prevents instances // static methods and fields go here}