Answer:
The correct answer to the following question, price elasticity of demand is 1.25% .
Explanation:
The formula that cab be used to calculate the price elasticity of demand -
% change in quantity demanded / % change in price
Where,
% change in quantity demanded = ( Q2 - Q1) / (Q2 + Q1) / 2 X 100
% change in price = (P2 - P1) /( P2 + P1) / 2 X 100
Here Q2 = 450, Q1 = 350, P2 = $1.80, P1 = $2.20
Putting the values in the formula =
% change in quantity demanded = ( Q2 - Q1 / Q2 + Q1) / 2 X 100
= ( 450 - 350) / (450 + 350) / 2 x 100
= 100 / (800) / 2 x 100
= 100 / 400 x 100
= 25%
% change in price = (P2 - P1) /( P2 + P1) / 2 X 100
= ($1.80 - $2.20 ) / ($1.80 + $2.20 ) / 2 x 100
= (-.4) / 4 / 2 x 100
= -.4 / 2 x 100
= - 20%
so, % change in quantity demanded / % change in price =
25% / -20%
= 1.25%
Answer:
asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3
Explanation:
Answer: 37.5(2) + .79(220) + 20 + 74.6 = 343.4
$343.40 is the total cost
Cost per mile = 343.4/220 = $1.56 per mile
The dimension that is being referred to the statement above
is the reference dimension. It is because this is a dimension in which only
provides information to the individual and that there is reasons or definition
that contains this dimension in means of providing explanation or information.
Answer:
The optimal hedge is 0.642 and it means that the size of the future positions should be 64.2% of the exposure of the company in a 3 month-hedge.
Explanation:
optimal hedge ratio
= coefficient of correlation*(standard deviation of quarterly changes in the prices of a commodity/standard deviation of quarterly changes in a futures price on the commodity)
= 0..8*(0.65/0.81)
= 0.642
Therefore, The optimal hedge is 0.642 and it means that the size of the future positions should be 64.2% of the exposure of the company in a 3 month-hedge.