The Progress in International Reading Literacy Study (PIRLS)<span>
This is an international study or assessment, conducted by the International Association for the </span>Evaluation of Educational Achievement (IEA), <span>that measures student learning or achievement in reading, particularly of fourth graders. The study includes assessment on the student's attitudes, habits and experiences of the students in reading. They also include in the assessment the school and teacher practices related to the instruction of reading. </span>
Answer:
The value of n is 16
Explanation:
Note: Organized table is as attached
Present Worth of Cash-inflow = Present worth of Cash Outflow
$1 [(1+i)^n -1 / i(1+i)^N] = $35.95[1 / (1+i)^n]
$1 [ (1+0.10)^n - 1/ 0.10(1+0.10)^n] = $35.95[ 1 / (1+0.10)^n]
$1 [ (1.1)^n - 1 / 0.10(1.1)^n] = $35.95 [1/(1.1)^n]
Let (1.1)n be x
[x-1/x] = [$35.95 * 0.10 / $1] * [1/x]
[x-1/x] = 3.595[1/x]
x - 1 = 3.595
x = 3.595 + 1
x = 4.595
(1.1)^n = 4.595
<u><em>Take log on both side</em></u>
nlog (1.1) = log (4.595)
n(0.041392685) = 0.662285515
n = 0.662285515 / 0.041392685
n = 16.000062
n = 16
Thus, the value of n is 16
Answer:
-4.3; inelastic
Explanation:
Initial price = $6.45
Initial quantity demanded = 600
New price = $6.95
New quantity demanded = 400
Percentage change in Quantity demanded:
= (Change in quantity demanded ÷ Initial quantity demanded) × 100
= [(400 - 600) ÷ 600] × 100
= (-200 ÷ 600) × 100
= 0.3333 × 100
= -33.33%
Percentage change in price:
= (Change in price ÷ Initial price) × 100
= [($6.95 - $6.45) ÷ $6.45] × 100
= ($0.5 ÷ $6.45) × 100
= 0.0775 × 100
= 7.75%
Therefore, the price elasticity of demand is as follows:
= Percentage change in quantity demanded ÷ Percentage change in price
= -33.33 ÷ 7.75
= -4.3
Hence, the price elasticity of demand is inelastic.
Answer:
2990.46$
Explanation:
The explanation is shown in the picture attached
Answer:
brand equity
Explanation:
Brand equity refers to the commercial value added to one product or service by the customer's perception of its brand. Some brands have a higher brand equity and customers perceive them as high quality or luxury products, e.g. Mercedes Benz or Apple. While other brands are perceived as common or ordinary products with medium or low quality.
Two products may be identical or very similar, but the fact that a product's brand may be perceived as better than the other, allows a company to charge a higher price for it.