Answer:
$5,400
Explanation:
The computation of real gross domestic product is shown below:-
Goods Price base year Quantity current year Expenditure
2012 2013
A $2.00 600 $1,200
($2.00 × 600)
B $4.00 900 $3,600
($4.00 × 900)
C $2.00 300 $600
($2.00 × 300)
Real Gross domestic product $5,400
Therefore, Real GDP is the sum value of all the final goods and services generated by an economy in a given year, which accounts for inflation. The estimate is based on the prices of a selected base year.
Answer:
Option D. Not enough information to answer this question.
Explanation:
There are number of factors the company considers before entering or exiting the market and some of these include Marginal cost or marginal revenue analysis, project analysis which considers the future cost and benefits by continuing the business, Porter five forces factors consideration before entering, Capabilities and resource analysis, etc.
So merely a price doesn't decides that we going to enter the market or we are leaving the market. Their are chances that we can control the cost of that the competitor starts selling the product at cost which will have harmful impact.
So the information provided to answer this question is not enough.
Answer:
(1) The price Elasticity of demand for Dormintory space will less than one.
(2) The room rates will increase following the increase in demand.
Explanation: The price Elasticity of demand is a term used in Economics to describe the change in Quantity demanded at the slightest change in price of the product or services rendered. FOR A NECESSARY AND ESSENTIAL GOODS AND SERVICES WITH NO CLOSE SUBSTITUTES LIKE THE DORMITORY SPACES THE PRICE ELASTICITY OF DEMAND WILL BE LESS THAN ONE.
THIS MEANS THAT A CHANGE IN PRICE WILL HAVE LITTLE OR NO EFFECT ON THE DEMAND.
One of the conditions necessary for a change in price is a change in demand, as the demand for a product or service increases, it will lead to a corresponding increase in the price of the product or service especially when the supply for the product or sevice is constant.
Answer:
Current Yield= 5.68%
Explanation:
Current Yield = Coupon Paid/Price
= (2000*0.0547)/1923.74
= 5.68%
Answer:
Future Value= $10,000
N=13*2=26
YTM=4.7/2=2.35
PMT=0
PV=?
Enter these in a financial calculator
$5,466.59
Explanation:
