Answer:
The correct answer is option a.
Explanation:
The initial price of movie rentals is $3.25.
The initial quantity is 100.
The price falls to $3.
This causes demand to rise to 120.
The price elasticity of demand a ratio of change in quantity demanded to change in price level.
The elasticity is calculated at -2.25, through the process given in images.
The price elasticity of demand here is greater than 1 which means it is elastic.
So, option a is the correct answer.
Answer:
The present value of the machine is $35499
Explanation:
The annual amount or annuity amount = $4010 per year.
Total number of years = 13 years
Here, the interest rate is not given so we just assume the interest rate = 6% per annum.
Since we have a total number of years and annual payment that occurs for 13 years. We are required to find the present value of the machine. So use the formula to find the present value of the annuity.
The present value of machine = (Annuity amount x (1 – (1+r)^-n) ) / r
The present value of machine = (4010(1 – (1+6%)^-13) ) / 6%
The present value of machine = $35499
If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.
<h3>What do you mean by a Product?</h3>
A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.
Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.
Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.
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Answer:
e. identifiable
Explanation:
Something is identifiable when is easy to recognize, in the excercise given the publishing conglomerate Conde Nast aims to this identifiable segments in order to reach certain customers.
I hope you find this information useful and interesting! Good luck!
With respect to common television dayparts for eastern and pacific time zones, the slot between 11:30 p.m. and 2:00 a.m. from Monday through Friday is called late fringe .
Off-peak hours are often used on television to describe the evening hours around prime time. [1][2]Television hours before prime time are called the early fringe and are usually between 4:00 pm and 6:00 pm. Until 19:30 Late edge is the period of television that usually follows prime time between 23:00 and 23:00. Until 1 a.m.
In his first 20 years on American television, the early Fringe was considered part of prime time, and from today he started the show half an hour earlier, and the network announced he would be on his hour in the evening. It was prohibited to program the frame of Now known as edge time.
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