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Ksenya-84 [330]
3 years ago
12

if the cross price elasticity between goods b and a is -2 and the price of good b increases by 5 percent the quantity demanded o

f good a will
Business
1 answer:
nadezda [96]3 years ago
8 0

Answer:

lead to a fall in quantity demanded by 10%

Explanation:

The cross price elasticity of demand measures the effect of the percentage in price of one good on the quantity demanded of another good.

Cross price elasticity = percentage change in quantity demanded of good A / percentage change in price of good B

2 = percentage change in quantity demanded of good A / 5%

percentage change in quantity demanded of good A = 10%

Because demand is elastic, the quantity demanded would fall by 10%

Elastic demand means that quantity demanded is sensitive to price changes. A small change in price would lead to a greater change in quantity demanded

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kakasveta [241]

Answer:

The correct answer is letter "A": Corporate income tax being paid.

Explanation:

In Accounting, unusual items are the result of events that impact the business but are not likely to happen again. Just like its name indicates, those events are not regular from the operations of a company an include abnormal legal costs, gains or losses from the sales of assets, losses from early retirement, and corporate restructuring expenses.

<em>Corporate income taxes are paid on a regular basis, thus, they cannot be considered unusual items.</em>

4 0
3 years ago
The Whistling Straits Corporation needs to raise $64 million to finance its expansion into new markets. The company will sell ne
Nataliya [291]

Answer:

<u>Hence $21,700,000 shares are to be sold to raise the needed funds.</u>

Explanation:

Per-share offer price of company = $60, which includes company's underwriter spread of 5%

So, actual realization to company on $60 per share = (1 - 0.95) * 60

Actual realization to company on $60 per share = $ 3

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So,

Total number of shares sold(in million) = (64 + 1.2)/3

Total number of shares sold = 21,700,000 shares

8 0
4 years ago
A car loan requiring quarterly payments carries an APR of 8%. What is the effective annual rate of interest?
ZanzabumX [31]

Answer:

Effective annual rate 8.24%

Explanation:

We solve for the effective rate by calcualte how much is the value of the APR with quarterly compounding.

(1+\frac{APR}{M} )^m = 1 + EAR

(1+0.08/4)^4 = 1+ EAR\\(1+0.08/4)^4 -1 =  EAR\\\\EAR = 0.08243216

6 0
3 years ago
List and briefly explain five activities for which a purchasing department normally has responsibility.
Norma-Jean [14]
The 24 statements is that your list and brief statement explains the five activities for what a purchasing department normally has for responsibility.  

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3 years ago
With the ________ view, firms attempt to align all operations within a function. In this view, all supply chain functions includ
maw [93]

Answer:

The answer options for this question would be the following:

A) Intrafunctional scope

B) Intraoperation scope

C) Interfunctional scope

D) Intercompany scope

The correct answer is B) Intraoperation scope .

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Excellent management of operational and logistical activities should not focus solely on reducing costs, but should be key to the development of new businesses with higher returns.

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3 years ago
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