Answer:
Highly inelastic
Explanation:
Price elasticity of demand is a measure of the demand of a given service or commodity by utilizing it's price change. It can be calculated using the formula;
Price elasticity of demand=%change in quantity demanded/%change in price
%change in quantity demanded=((Final demand-Initial demand)/Initial demand)×100
((299-300)/300)×100=-0.33%
%change in price=12%
12%>0.33%
The change in price is larger than the change in demand, therefor the product is highly inelastic
When evaluating advertising results, the Attitudinal measure technique can be used to measure consumers' beliefs or feelings about a product before and after exposure to the ad.
<h3>What are Pre-testing and post-testing in advertising?</h3>
Pre-testing and Post-testing. Pretesting is testing the advertisement before running it so that the likelihood of preparing the most effective ads, by allowing an opportunity to detect and eliminate weaknesses or flaws increases. Post-testing is done after the advertisement is run on the media.
Advertising Research – 4 Important Types: Product Appeal, Advertising Message, Advertising Media Selection, and Advertising Effectiveness Research.
To learn more about post-testing visit the link
brainly.com/question/17238720
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Answer: I) provides extra protection to bondholders as both an early warning system and perhaps some collateral cash
II) ) provides an option to the firm to buy bonds at the lower of market or face value.
Explanation:
A sinking fund is typically an amount of money that is being set aside by a company in order to either pay a bind or pay off a particular debt that the company has incurred.
The effect of the sinking bond on bondholders is that it provides extra protection to bondholders as both an early warning system and perhaps some collateral cash and tabt is also provides an option to the firm to buy bonds at the lower of market or face value.
Therefore, option I and II are correct.
Answer:
$50
Explanation:
Jim buys a 5% bond
The amount is $100
The market interest rate increases to 10%
Therefore the price at which the bond cann be sold is calculated as follows
= 5×100
= 500×0.01
= 50
Hence it can be sold for $50
Answer: Option(a) is correct.
Explanation:
Total Revenue = Units sold × price per unit sold
= 11,000 × $75
= $825,000
Explicit cost = Units sold × cost per unit
= 11,000 × $55
= $605,000
Implicit cost = Earning at state university + Entrepreneurial talent + cash bonds at 10% interest
= $45000 + $5,000 + ($100,000 × 10%)
= $60,000
Economic profits = Total Revenue - (Explicit cost + Implicit cost)
= $825,000 - ($605,000 + $60,000)
= $825,000 - $665,000
= $160,000
