Capital that is invested by private companies outside of their home countries is called:

When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40 per item, the quantity sold in

Butoxors [25]

Answer:

1. Price elasticity of demand

2 & 3. 4.55%

4 & 5. 22.73%

6. 0.2

8. 15.79%

9. 0.56

Explanation:

Given that,

Initial quantity demanded = 220

New quantity demanded = 230

Initial price = $4.40

New price = $3.40

1. This illustrates the price elasticity of demand. Price elasticity of demand is defined as the responsiveness of quantity demanded to any change in the price of the commodity.

2 & 3. Percentage change in quantity demanded:

= [(New quantity demanded - Initial quantity demanded) ÷ Initial quantity demanded] × 100

= [(230 - 220) ÷ 220] × 100

= 0.04545 × 100

= 4.55%

4 & 5. Percentage change in price:

= [(New price - Initial price) ÷ Initial price] × 100

= [($3.40 - $4.40) ÷ $4.40] × 100

= 0.2273 × 100

= 22.73%

6. Price elasticity of demand for cereal:

= Percentage change in quantity demanded ÷ Percentage change in price

= 4.55 ÷ 22.73

= 0.2

7. The price elasticity of demand is comes out to be 0.2 which is less than 1, indicates that quantity demanded is less responsive to changes in the price level.

8 & 9. Given that,

Initial quantity demanded = 210

New quantity demanded = 230

Initial price = $4.10

New price = $3.50

Using the mid point method,

Average price:

= (Initial price + New price ) ÷ 2

= ($4.10 + $3.50 ) ÷ 2

= $3.8

Percentage change in price:

= (New price - Initial price) ÷ Average price

= ($3.50 - $4.10) ÷ $3.8

= 0.1579 or 15.79%

Average quantity demanded:

= (Initial quantity demanded + New quantity demanded ) ÷ 2

= (210 + 230) ÷ 2

= 220

Percentage change in quantity demanded:

= (New quantity demanded - Initial quantity demanded) ÷ Average quantity demanded

= (230 - 210) ÷ 220

= 0.0909 or 9.09%

Price elasticity of demand:

= Percentage change in quantity demanded ÷ Percentage change in price

= 9.09 ÷ 15.79

= 0.56

7 0

3 years ago

You have a chance to buy an annuity that pays $550 at the beginning of each year for 3 years. You could earn 5.5% on your money

Oliga [24]

Answer:

$1,565

Explanation:

Enter the following inputs into financial calculator, we will have:

n = 3 years

Present value (PV): The amount that you should pay for the annuity. This is the missing value we need to calculate

Future value (FV): FV = 0, there is no future value of an annuity

PMT: The amount that annuity pays per year. ($850)

i/r = 5.5%: The interest you expect to receive from the annuity

PV = $1,484

Since the payment is made at the beginning of each year, you should multiply the PV amount by (1+0.055)

The final answer would be 1,484 x 1.055 = $1,565

The most you should pay is $1,565

7 0

3 years ago

Salespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product through

babymother [125]

Answer:

Walthman Industries Inc.

Table:

Salesperson Total Sales Variable Cost Contribution Variable

of Goods Sold Margin Selling Expenses

Case $610,000 $268,400 (44%) $341,600 (56%) $109,800 (18%)

Dix 603,000 241,200 (40%) 361,800 (60%) 96,480 (16%)

Johnson 588,000 305,760 (52%) 282,240 (48%) 105,840 (18%)

LaFave 586,000 281,280 (48%) 304,720 (52%) 123,060 (21%)

Orcas 616,000 221,760 (36%) 394,240 (64%) 86,240 (14%)

Sussman 620,000 310,000 (50%) 310,000 (50%) 124,000 (20%)

Willbond 592,000 272,320 (46%) 319,680 (54%) 88,800 (15%)

Explanation:

a) Data and Calculations:

Salesperson Total Sales Variable Cost Variable

of Goods Sold Selling Expenses

Case $610,000 $268,400 $109,800

Dix 603,000 241,200 96,480

Johnson 588,000 305,760 105,840

LaFave 586,000 281,280 123,060

Orcas 616,000 221,760 86,240

Sussman 620,000 310,000 124,000

Willbond 592,000 272,320 88,800

8 0

3 years ago

An individual forgot to delegate a certain task to one of her team members. Each person on the team was supposed to create a Pow

kramer

Answer:

Complete the presentation and extra work themselves; in the future, the individual will have to remember to send everything or risk doing the extra work themselves.

Explanation:

Not only this helps in increasing accountability in the individual but it would also help in influencing the behavior of the individual in the future. He would be more responsible for delegating the tasks as he would learn from his mistakes. This would go a long way in developing a competent and responsible workforce which would help in increasing the effecency of the company.

7 0

2 years ago

What are the three legal forms of business organization? What are the advantages and disadvantages of each one

My name is Ann [436]

Answer:

Explanation:Three legal form of business organization

(1)sole proprietorship:-this is a one man business the PROPRIETOR. He runs the total affairs of the business

Advantages:-The owner has the final says

He enjoys all profits

Disadvantage:-the owner bears the loss alone.

His death can end the business..

(2)PARTNERSHIP:-It is a business owned by two or more people called partners..

advantages:-fund raising is easy..

They bring experience together..

Work load is shared.

Disadvantages:-profits is sheared..

Disagreement can set in and end the business

Death of some partners can end the business..

LIMITED LIABILITY COMPANY:-A limited liability company is a corporate structure whereby the owner are not personally liable for the company's debt or liabilities. Limited liability companies are hybrid entities that combines Tue characteristics of a corporation with those of a partnership or sole proprietorship..

Advantage:-transfer of ownership is easy..

Disadvantage:-exploitation of share holders..

7 0

3 years ago