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inna [77]
3 years ago
10

Determine the price elasticity of demand if, in response to an increase in price of 10 percent, quantity demanded decreases by 2

0 percent.
Business
1 answer:
valkas [14]3 years ago
8 0
<span>The price elasticity of demand would be -2. When you divide the change in quantity demanded (-20%) by the change in price (10%), as is required to obtain the price elasticity of demand, you get this result.</span>
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irina1246 [14]

Answer:

The correct answer is letter "B": 180.

Explanation:

During the first year a business operates, companies can elect to deduct up to $5,000 from their costs. If the costs are higher than $50,000, the deduction of $5,000 will be reduced by the exceeding amount. However, that exceeding amount can be amortized for up to 15 years (180 months).

8 0
3 years ago
Calculate the price of a two-year bond with a face value of $100, a coupon rate of 5%, and a yield-to-maturity of 5%.
aalyn [17]

The price of the bond is $100.

The bond's price is the present value of the face value plus the present value of the interest accrued throughout the bond's term.

The coupon interest rate is 5% of 100, that is $5 per year. The yield to maturity is also 5%. Because the coupon rate is equal to the yield, the bond's present value will only be its face value.

Present value = 5(P/A, 5%, 2) + 100(P/F, 5%, 2)

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6 0
2 years ago
A wheat farmer who wants to hedge the crop he plans to harvest next june should do what?
Tanya [424]
They should plant now rather than wait
6 0
3 years ago
Discuss the notion of alienation as elaborated by Marx​
12345 [234]

Answer:

The alienation that Marx refers to comes into being through the relations of production found in capitalist society. ... The commodities that workers produce through their labor is not their own but ultimately belongs to another and is produced for another. Here alienation is manifested in the product that work produces.

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Answer:

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3 years ago
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