Answer:
B. $3,251
Explanation:
Stock shares × Allocated price = Shares closing price
A 700 ×$ 29.15 =$20,405
B 430 ×33.86=$14,560
C 340× 36.43 =$12,386
Total $47,351
Stock shares × IPO price= Shares IPO price
A 700 ×$30=$21,000
B 430×$30= $12,900
C 340×$30=$10,200
Total $44,100
Total Profits $47,351-$44,100
=$3,251
Therefore Kim's total profit on these three stocks at the end of the first day of trading will be $3,251
It focused on more technological advancements
The tax associated with an individual's death is federal estate tax
I️ don’t know for sure which one it would be
Answer:
The elasticity of demand for jelly beans is 1.80
Explanation:
The elasticity of demand is the principle of economic which is defined as the measure that extent the consumer response to the changes in the quantity demanded as a consequence of price change and being others factors are equal.
Computing the elasticity of demand for jelly beans as:
Elasticity of demand = Price Change / Quantity Change
where
Price Change is as:
Price = $1.60 + $2.00
= $3.60
Quantity change is as:
Quantity = 120 + 80
= 200
So,
Elasticity of demand = $3.60 / 200 × 100
Elasticity of demand = 1.80
