Answer: The answer is elastic demand because elasticity of demand is > than 1
Explanation:Elasticity of demand is the degree of responsiveness of demand to slight change in price of goods. It is calculated as ED=% change in Qd/% change in price
Since Qd is 3 and 5
Qo-Q1/Qo*100%
3 - 5/3*100%
= -2/3*100%
= -200/3
=-66.6%(ignore the minus sign)
Po-P1/Po*100%
8-6/8*100
=2/8*100%
= 25%
ED= 66.6/25
=2.6
6-8/6*100%
=-2/6*100%
=-200/6
=-33.3%
ED= 66.6/33.3
=2
Since the elasticity of demand is greater than 2. Therefore elasticity of demand is elastic
I think the correct answer from the choices listed above is the third option. It is the withholdings that result in a lower net income. <span>A </span>withholding<span> tax, also called a retention tax, is a government requirement for the payer of an item of income to </span>withhold<span> or deduct tax from the payment, and pay that tax to the government. </span>
If you buy the bond for $1,000 (YTM = 6%), then the yield increases to 7%, and you sell the bond immediately after the first coupon payment (in 1 year), hpr after 1-year
bond price = 60/1.07 +1000/1.07
=990.65
HPR = ((990.65-1000)+60)/1000
=5.06%
A credit score card price coupon is a paper slip with charge information, consisting of the due date and the card's assertion balance, that is supposed to be sent along side a check whilst paying a credit card invoice through mail.
The term "coupon" is derived from the historic use of actual coupons for periodic hobby payment collections. as soon as set on the issuance date, a bond's coupon charge remains unchanged and holders of the bond acquire fixed interest bills at a predetermined time or frequency.
The coupon rate, additionally called the nominal charge, nominal yield, or coupon fee is a percent that describes how plenty is paid by means of a set-income safety to the proprietor of that protection for the duration of the period of that bond.
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That which is used by a seller to deceive a buyer is: a. Bait and switch
Bait and switch is a tactic that is used by entrepreneurs to attract customers. They tell them to purchase a good at a low price.
However, when they come to buy, they are encouraged to buy a good that costs more.
So, in this way, the bait and switch tactics is used by sellers to deceive the buyers.
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The correct answer should be Line of sight.
What then is your Line of sight?
Your line of sight is the noticeable path of travel from your vehicle to your destination area. This line can be obstructed by a curve, a hill, high-forest wooded zones, large truck or other obstruction that prevents drivers from seeing the vehicle ahead. Therefore, if you cannot see around an obstruction, you should slow down and be willing to adjust your position until you can reestablish a clear line of sight to your path of travel and targeting area.