Answer:
D. 20 percent.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
2 = percentage change in quantity demanded / 10%
Percentage change in quantity demanded = 20%
I hope my answer helps you
Answer:
d. If Tonya itemized her deductions in 2017 on her Federal income tax return and her itemized deductions exceeded the standard deduction by more than $900, she must recognize $900 income in 2018 under the tax benefit rule.
Explanation:
Tonya is a cash basis taxpayer. In 2017, she paid state income taxes of $8,000. In early 2018, she filed her 2017 state income tax return and received a $900 refund. If Tonya itemized her deductions in 2017 on her Federal income tax return and her itemized deductions exceeded the standard deduction by more than $900, she must recognize $900 income in 2018 under the tax benefit rule.
When creating a budget you want to remember your income level and what you can afford. If you only make 200$ every week you don't want out budget to be 200$ cause you won't have anything for savings. You also want to keep in mind your wants verses needs. the last thing you want to keep in mind is whatever your buying is it worth spending money on i.e. good quality, last you while, etc.
Answer:
It is called an exchange.
Explanation:
The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued. The national exchanges, such as the New York Stock Exchange (NYSE) and the NASDAQ, are secondary markets.
Answer:
The maximum amount that an onvestor would be willing to pay for the stock today is $76.47
Explanation:
The constant growth model of the dividend growth adn DDM aproach will be used to calcualte the value of the stock as its dividends will grow by a constant percentage forever.
The price of the stock today based on this model will be,
P0 = D1 / r - g
Where,
D1 is the dividend expected for next year
r is the required rate of return
g is the growth rate in dividends
P0 = 5.2 / (0.14 - 0.072)
P0 = $76.47