Answer:
Explanation:
N = 4 (5-year bond - 1 year (ago))*2 = 8
I% = YMT= 8/2 = 4
PMT = (1,000)(.07) = 70/2 = 35
FV=1,000
Calculating PV, PV=966.34
Answer:
$1.804 ; $1.7856
Explanation:
The computation is shown below:
The formula is presented below:
= Initial forecast + a × (Actual demand of last month - initial forecast of last month)
For November, it would be
=$1.83 + 0.1 × ($1.57 - $1.83)
= $1.83 - 0.026
= $1.804
For December, it would be
=$1.804+ 0.1 × ($1.62 - $1.804)
= $1.804 - 0.0184
= $1.7856
What is inflation?
Monetary value of final goods and services produced within a country for a specific time period.
Stupid people...................................very stupid people
Answer:
- the servers thinks demand for drinks and food is elastic
Explanation:
Demand elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of price changes. When price goes up and demand goes down a lot, demand is said to be price elastic. When price rises and demand does not change significantly, demand is said to be inelastic to price.
In the opinion of the hosters the price of food and drink should rise. This means that in their view, demand is inelastic, that is, little sensitive to rising prices. On the contrary, severs believe that demand is elastic, very price sensitive. Thus, rising prices would decrease demand and lowering prices would increase demand and hence revenue.
