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masha68 [24]
3 years ago
7

Based on the data provided, which statement about the total cost for one year is true?

Business
2 answers:
bulgar [2K]3 years ago
4 0
The best and most correct answer among the choices provided by your question is the second choice or letter B "<span>The offer from company A, with the repair contract, is more cost effective than company B's offer."</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
Serga [27]3 years ago
3 0
E[r] = 0.25 * 0 + 0.41 * 1 +0.22 * 2 + 0.12 * 3
      =  0.41 + 0.44 + 0.36
      =  1.21
the best answer is: b. the offer from company A, with the repair contract, is more cost effective than company B's offer.

hope this help
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3 years ago
If the estimated price elasticity of demand for foreign travel is 4:
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Answer:

b. a 20% decrease in the price of foreign travel will increase the quantity demanded by 80%. 

Explanation:

A price elascitiy of 4 means demand is elastic. Price elasticity greater than 1 indicates demand is elastic.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elastic demand is when a change in price leads to a change in quantity demanded.

If price increases and demand is price elastic, the quantity demanded falls.

If price falls and demand is price elastic, the quantity demanded rises.

If price elasticity is 4, 20% decrease in the price of foreign travel will increase the quantity demanded by 80%. 

Inelastic demand is when price elasticitiy is less than 1.

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7 0
3 years ago
Please help economics
sergeinik [125]
I’m pretty sure the answer to your question is a
4 0
2 years ago
Read 2 more answers
Suppose the Bank of Tazi loaned the banks of Tazi 10 million tazes. Suppose also that both the reserve requirement and the perce
4vir4ik [10]

Answer:

See below.

Explanation:

To compute the change in money supply, we first calculate the credit multiplier,

Credit multiplier is calculated as,

Multiplier = 1 / reserve ratio

When the Bank of Tazi loans 10 million to bank while their reserve requirements stay the same, this additional 10 million will be loaned out and the total change in money supply would be

= 10 million * Multiplier

For example if the reserve ratio was 4% then the multiplier = 1 /0.04 = 25

Then the total change in money supply would be 10 * 25 = 250 million.

Hope that helps.

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