Answer:
The income elasticity of demand for frozen dinners is negative when there is an increase of hourly wages. -51%
Explanation:
When the income elasticity is negative it means that the good is inferior so when the income is increased, the demand of the good decrease beacuse its demand change to a better quality good. For instance in this case a fresh meal.
income elasticity % = % change in quantity / % change in income
(((3350-3550)/3550)/((20-18)/18))*100
If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.
The IRR calculations use the same formula as NPV calculations. Keep in mind that the IRR is not the project's actual the dollar value. The annual return is what brings the NPV to zero. The IRR is calculated in the same way as net present value (NPV), except that it sets NPV to zero.
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Answer:
pic quality is too low so I didn't understand
Answer:
It is referred to as product differentiation.
Explanation:
Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.
This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.
Answer:
a. 5.87 percent
Explanation:
Annual coupon = 1000*6.5% = $65
Yield to maturity = [Annual coupon + (Face value-Present value)/time to maturity] / (Face value+Present value)/2
Yield to maturity = [65 + (1000-1,056)/13] / (1000+1,056) / 2
Yield to maturity = [65 + (-56/13)] / 2056/2 ]
Yield to maturity = {65 - 4.31] / 1028
Yield to maturity = 60.69 / 1028
Yield to maturity = 0.0590369649805447
Yield to maturity = 5.90%