Answer:
14.52%
Explanation:
The computation of the rate of return on the stock is shown below:-
The expected rate of return on the stock = Beta × (Rate of return - Market rate of return)
= 1.2 × (0.121 - 0.145)
= - 2.88%
So, the expected rate of return on the stock = Current percentage - expected rate of return on the stock
= 0.174 - 0.0288
= 14.52%
Therefore we simply applied the above formulas
Answer:
The Cross elasticity of demand will be the change in demand at Sweat-it-out divided by the change in price at Pump-U-Up
=-0.16/-0.1
= 1.6
Explanation:
The Price decrease from Pump-U-up = 10%
And the resultant decline in Gym membership at sweat-it-out is 16%
The Cross elasticity of demand will be the change in demand at Sweat-it-out divided by the change in price at Pump-U-Up
=-0.16/-0.1
= 1.6
A Positive Cross - Price elasticity indicates both Gyms are close substitutes of one another.
An attempt by one to lower its price will directly impact negatively in membership of the other.
The strategy often adopted in such line of Business is to keep prices at Par or offer distinctive services outside of the traditional, e.g include a Spar into the gym membership, or access to discounted toning or body building products etc.
Answer:
Carl is most likely satisficing
Explanation:
For decision making, satisficing means "Examining alternatives until a practical (most obvious, attainable, and reasonable) solution with adequate level of acceptability is found, and stopping the search there instead of looking for the best-possible (optimum) solution."
Reference: WebFinance Inc. “What Is Satisficing? Definition and Meaning.” BusinessDictionary.com, 2019
Answer:
B, The quantity demanded is the same as the quantity supplied.
Explanation:
Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.
Answer:
The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.
