Answer:
C. Fall, 30%, Rise
Explanation:
- Price Elasticity of Demand is responsive change in demand, due to change in price.
P.Ed = % change in demand / % change in price.
Given : Price rise by 50% , P.Ed = 0.6
So, % change in demand = P.ed x % change in price
% change in demand = 0.6 (50)
% change in demand = 30%
Law of demand states negative relationship between price & demand, so P.ed is negative. Price rise 50% reduces demand by 30%.
- P.Ed can be : Elastic ( > 1 ), or Inelastic ( < 1 ). If P.Ed is Elastic, price & total revenue are inversely related. If P.Ed is Inelastic, price & total revenue are directly related.
So, Given PEd = 0.6 (i.e < 1 ) : Inelastic Demand implies price & total revenue are directly related related to each other. So, price fall lead to TR fall & price rise lead to TR rise.
Answer:
$532.24
Explanation:
Since Mr. Wise will be making monthly payments for the period of 25 years in order to accumulated the $1,000,000 at the end of 25 years, therefore, the future value of annuity shall be used to determine the monthly payments to be deposited by Mr Wise. The formula of future value of annuity is given as follows:
Future value of annuity=R[((1+i)^n-1)/i]
In the given scenario:
Future value of annuity=amount after 25 years=$1,000.000
R=monthly payments to be deposited by Mr Wise=?
i=interest rate per month=12/12=1%
n=number of payments involved=25*12=300
$1,000,000=R[((1+1%)^300-1)/1%]
R=$532.24
Answer:
Assets = Liabilities + Owner's Equity. Answers will vary and should include a combination of revenues/gains (increases), expenses/losses (decreases)
Explanation: plz mark brainly
Answer:
Boolean expression.
Explanation:
Boolean algebra provides the operations and the rules for working with the set {0, 1}. In computer science, a Boolean expression is an expression in a programing language that produces a Boolean value when evaluated i.e. one of true or false.
Each Boolean expression represents a Boolean function. The values of this function are obtained by substituting 0 and 1 for the variables in the expression.
Are used mostly with while loops, and conditional statements and can be contrasted with arithmetic expressions which are expressions that evaluated to a number.
These expressions are made up of the three logical operators (AND, OR, NOT), the relational operator (> >= < = = <>) and functions that return true or false.
There are a lot of firms. Organizational buyers is the type of organization that Nour run.
<h3>What is Organizational buyers?</h3>
Organizational buyers are known to be people or firm that often buy direct from the manufacturers of products as at the time when the products are complex and said to be expensive pieces of equipment that needs custom design and installation.
Note that the organizational buyer often purchases in a lot of large volumes of goods to sell to others.
Learn more about Organizational buyers from
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