Answer:
The correct answer is letter "C": the price rises and demand is elastic.
Explanation:
Price elasticity of demand describes the relationship between changes in quantity demanded and prices. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than 1, the demand is elastic. This means <em>in front of relatively small changes in price, major changes in quantity demanded will occur.
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Therefore,<em> if a good or service increases in price being the product inelastic, the quantity demanded is likely to drop (demand law) implying the producers' revenue will be decreased.</em>
Answer:
The customer could buy call options and sell put options.
Explanation:
A call option gives you the right to buy a stock at a certain price. If the price of a stock rises (as the investor believes), the call option can be exercised and a profit will be made.
A put option gives you gives you the right to sell at a certain price. If the price of a stock rises (as the investor believes), the put option will not be exercised since the sales price will be lower than the market price.
The correct answer should be 30 because you don't want too much pressure .
Answer: Check attachment
Explanation:
Miscellaneous expenses are the small and infrequent expenses which a business incurs.
Based on the question, the miscellaneous expenses is calculated as:
= $2200 - $223
= $1977
Check the attachment for further details
