Answer:
correct answer is Option D
Explanation:
Option D - elastic, and the demand curve will be horizontal.
The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer
To determine the number of consumers which might prefer eating locally produced food, we simply multiply the metropolitan population by the decimal equivalent of the percentage given. That is,
= (1,773,120)(0.70)
= 1,241,184
Thus, 1,241,184 will most likely prefer the locally produced food.
Answer: Data Survey on Time spent at Malls.
Explanation: The Survey result would be different from each other because the responses received based on question asked would actually be different, And also the reasons for visiting the Malls by people and what is being sold in malls are different from each other.
Answer:
YTM = 6.818%
Explanation:

C= cash payment of the bond: 50,000 x 19%/2 = 4,750
F= Face Value= 50000
P= purchase value=60000
n= number of payment= 5 years at 2 payment a year = 10

Important: it is better to calculate the YTM using a financial calculator, this is an approximation