Answer: 0.5 making the demand for gas to be inelastic in this range.
Explanation:
The price elasticity of demand is calculated as:
= % change in quantity demanded / % change in price
= 15% / -30%
= -0.5
Based on the above calculation, we can see that the elasticity of demand equals to 0.5. Since, it is less than 1, it is said to be inelastic.
Hi thank you for using brainly.com
<span>The answer to this
question is “availability of substitutes“. The reduction
in the number of people riding trains is due to the fact that a new substitute,
automobile, is available in the market.</span>
<span>
Hope that helps!</span>
Answer:
Rate of return = 6.64%
Explanation:
Annual coupon rate = 7.5% = 0.075
Face value = 1,000
Coupon payment = 1,000*0.075 = 75
YTM = 8%
Years = 20
Price of the bond = PV(8%, 20, 75, 7.5%)
Price of the bond = $950.91
Rate of return = Selling price + Coupon payment received - Purchase price / Purchase price
Rate of return = $939.05 + $75 - $950.91 / $950.91
Rate of return = $63.14 / $950.91
Rate of return = 0.0663996
Rate of return = 6.64%
Answer: greenwashing
Explanation:
The above scenario in the question refers to greenwashing. Greenwashing is when a misleading information is been conveyed by a company regarding their products.
It is when customers are deceived into believing that their products are environmental friendly. In this case, customers are tricked into believing that the cereal is healthy when in fact it contains high sugar content.
