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Novay_Z [31]
3 years ago
9

Demand is __________________ when the price change results in a relatively larger change in quantity demanded. People __________

________ need products urgently with this type of demand.
Business
1 answer:
Reptile [31]3 years ago
5 0

Answer:

Demand is Elastic  

people don't

Explanation:

when the change in demand is elastic with relatively larger change in quantity demanded it definitely means that the consumers will not be needing the products urgently. this is because a product with an elastic demand is a product not classified as a necessity. it is rather seen as a luxury good.

An Elastic demand is change in the quantity of goods and services exceeds the change in price of the goods or service been offered and many of such goods and services are not essential commodities.

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ACME Confetti Corporation needs to finance $20 million for a plant expansion building project. They've decided to issue common s
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Answer:

Option (C) is correct.

Explanation:

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3 years ago
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Answer:

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given data

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solution

we get here present value that is express as

present value = \frac{future\ value }{(1+ rate)^t}     ..........................1

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present value = $99444.97

so they need to put into the account $99444.97

6 0
2 years ago
Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the are
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All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
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