Answer:
b. Demand is unit elastic, and a decrease in price causes an increase in revenue
Explanation:
According tothe revenue theory in economics
when the demand is inelastic the relationship within price and total revenue is direct. either both increases or decreases
when the demand is elastin this relationship is inverve, teh increase in price generates a decrease in total revenue
while their decrease an increase.
But, if the demand is unit elastic then, there is no variation at all
According to this theory, option B is impossible.
Answer:
E. instrumental support
Explanation:
Instrumental support is generally the assistance or support an individual receives from their colleagues that is tangible.
Sam, Danny's colleague, observing his stressful situation and then volunteered to assist Danny in meeting the deadline is an example of an instrumental support.
Some people might reject the gospel message because they have a different opinion on the matter, they have a different religion, or they simply don't understand. People tend to reject things they don't understand.
Answer:
a. content accuracy
Explanation:
The FTC, or Federal Trade Commission regulated the content of ads, it prohibits unfair or deceptive. Ads are therefore regulated in order to show the truth to the consumer, avoiding any misleading.
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Answer:
6291.26$
Explanation:
In order to calculate the present value of the cash flow, we apply the formula for the present value of annuity due:
where:
P is the value of the periodic payment
r is the discout rate
n is the number of periods
In this problem, we have:
(periodic payment)
n = 11 y (number of years)
(discount rate is 7.5%)
Therefore, the present value of the cash flow is:
