Answer:
The correct answer is option d.
Explanation:
The price elasticity of demand is the degree of responsiveness of quantity demanded to the change in price. It is calculated as the ratio of change in quantity demanded and change in price of the product.
The price elasticity of demand is 2. There is a 0.1 percent increase in price.
Price elasticity of demand = 
2 = 
Answer:
$25,200
Explanation:
Given that,
Retained earnings balance on January 1, 2018, = $58,000
Dividends during 2018 = $18,350
Retained earnings balance at December 31, 2018 = $64,850
Therefore,
Net income:
= Retained earnings balance at December 31, 2018 + Dividends during 2018 - Retained earnings balance on January 1, 2018
= $64,850 + $18,350 - $58,000
= $25,200
Answer:buying and selling decisions are consistent
Explanation:
If your income per month is $4,321 and you aren't able to spend more than 36% of your monthly income on housing... to solve:
($4,321)(0.36) = $1,555.56
Answer: 28.2%
Explanation:
Correlation Coefficient = Covariance / (Standard deviation of Security A * Standard deviation of Security B)
0.52 = 0.022 /( 15% * σ)
(15% * σ) * 0.52 = 0.022
15% * σ = 0.022 / 0.52
σ = 0.0423/15%
= 28.2%
