Answer:
B
Explanation:
If you're going to solve it ur going to need to know how it's going to effectively help don't just do it first think.
The things that decision maker should consider in this situation is to <span>Increase the cost of capital used to evaluate the project to reflect its higher-than-average risk.
In budgetinng process, the decision maker need to make sure the cost that potentially incurred for the company because of the higher risk.
If, after including all that the potential benefit still outweight the potential risk, then they could move forward with the investment.</span>
Answer:
c. -3.07
Explanation:
price elasticity of demand = % change in quantity demanded / % change in price
- % change in quantity demanded = (27,000 - 20,000) / 20,000 = 0.35 = 35%
- % change in price = (45,000 - $50,800) / $50,800 = -0.114 = 11.4%
price elasticity of demand = 35% / -11.4% = -3.07 or |3.07| in absolute terms
since the price elasticity is higher than |1|, then it is price elastic, which means that a 1% change in price will change the quantity demand in a higher proportion.
Answer:
The correct answer would be option A, The amount of arable land affects the agricultural output of a nation.
Explanation:
Arable land is a land which is capable of producing crops. A land where soil can be ploughed and crops can be grown, is know as the Arable Land. When crops are grown in a country, they help the country to increase their agricultural output. So arable land affects the agricultural output of the country or nation. For example, if a land is arable, farmers grow crops like potatoes, carrots, tomatoes, cucumbers, etc, and help the country in boosting the agricultural area. This would contribute towards the increase in the gross domestic product of the country.
