Answer:
c. total revenue does not change.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.
Generally, consumers would like to be buy a product as its price falls or become inexpensive.
For substitute products (goods), the price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
If the price elasticity of demand for a product equals 1, as its price rises the total revenue does not change because the demand is unit elastic.
Answer:
The stock price 5 years from now will be 44.46
Explanation:
The stock price will increase like compound interest at the same rate as the dividends.
Stock 35.25
time 5
dividend grow rate 0.0475
Amount 44.45588696
The stock price 5 years from now will be 44.46
<u>Reasoning:</u>
In five years, if we calcualte the gordon dividend growth model:
and year 5 dividends would be:
we can arrange the formula like this:
The first part is the current stock price so our formula is confirmed.
Answer:
Extinction.
Explanation:
Extinction is a technique used by Applied Behavioral Analysis (ABA) that corresponds to the interruption and elimination of the reinforcement of negative behavior whose central objective is to cause undesirable behaviors to be totally eliminated or not to occur again.
So there are criticisms about this discipline technique, as it is considered that the ideal is to present a substitution behavior in addition to just eliminating the negative behavior, since n extinction only positive behaviors are reinforced, and negatives ignored.
Answer:
89.44%
Explanation:
As we know that:
Z = (Cash Flow - Mean) / Standard Deviation
Here
Cash flow is the observed value which is the lower limit here and is $11,000
Mean is the average value of the sample and is $16,000
Standard Deviation is $4,000
By putting values, we have:
Z = ($11,000 - $16,000) / $4,000
= -1.25
The Z value lower than -1.25 is 0.1056 or 10.56%
This means that the probability of cash flow lower than $11,000 is 10.56% and the probability of cash flow greater than $11,000 will be
Probability of cash flow = (1- 0.1056) = 0.8944 which is 89.44%
<span>The primary purpose of the requirements analysis phase is to determine and document the specific features and functions of the new system. It does not eliminate obviously nonsensible projects before forming a project development team. Identify the requisite skills needed or show personnel assigned to the project or investigates how much similar projects have cost in the past.</span>
