As a result of Hurricane Irma causing the quantity of oranges to drop by 21%, the change in price of oranges will be increase of 14%.
<h3>What will be the change in price of oranges?</h3>
Price Elasticity is found as:
= Change in quantity / Change in price
You have the elasticity and the change in quantity so you can find the change in price as:
-1.5 = -21% / Price
Price x -1.5 = -21%
Price = -21% / -1.5
= 14%
In conclusion, price will increase by 14%.
Find out more on price elasticity of demand at brainly.com/question/5078326.
Answer:
The value of the company according to MM Proposition I with taxes is $528294.55
Explanation:
value of unlevered firm = EBIT(1-T)/Ru
= 72000*(1 - 24%)/11%
= 497454.55
value of levered firm = 497454.55 + 128500*0.24
= $528294.55
Therefore, The value of the company according to MM Proposition I with taxes is $528294.55
Cost- benefit analysis sometimes called benefit-cost analysis, is a systamti approach to estimating the strengths and weaknesses of alternatives that satisfy translations
Answer:A. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.
Explanation:This is a situation where a person is working under the instructions of another, Becky will take the full responsibility for the damage done by the Dog to Mr. Edwards garden.
This can be seen also in conditions where a principal gives instructions or job to an Agent, the actions of the agent will directly impact the Principal as the Agent is working according to the directives of the principal.
Gift of exchange for all goods and services