Answer:
Option D.
Explanation:
Given information:


Formula for price elasticity of demand is

Substitute the given values in the above formula.




Absolute value is

The absolute value of the price elasticity of demand for DVD players is 2.67.
Therefore, the correct option is D.
Answer:
Both will charge $6,904 when they transport 16 tons of sugar.
Explanation:
The amount of sugar to be transported is S, since we need to calculate at which amount of sugar both truck companies charge the same total price, we need to solve the following:
first company charges $4,500 + $150.25 S
second company charges $3,696 + $200.50 S
since both companies will charge the same total amount, then
$4,500 + $150.25 S = $3,696 + $200.50 S
$4,500 - $3,696 = $200.50 S - $150.25 S
$804 = $50.25 S
$804 / $50.25 = S
S = 16
$4,500 + ($150.25 x 16) = $4,500 + $2,404 = $6,904
Imposed by goveement below equilibrium price
Answer:
Because this is an inter-entity balance then the amount that should be eliminated of this debt is the letter D. all the $400,000.
Explanation:
Inter entity balance facilitates the management of allocations and transfers between entities. They provide a better control over transactions spanning multiple entities, other benefit is that the accuracy of the financial data improves and finally and this is why the anser is option D. is that it keeps each entity in balance
Answer:
$1,088.12
Explanation:
The formula for calculating monthly repayments is as below.
M= P x <u> r </u>
1 − (1+r)−^n
where p is the loan amount = $220,000
r = 4.3per cent or 0.043 % interest rate per year,
on monthly basis r will be 0.043/12=0.00358%
n = 30 year, which is 30 x 12 months= 360 months
M= $220,000 x <u> 0.00358 </u>
1 - (1+0.00358 ) ^ - 360
M=$220,000 x<u> 0.00358 </u>
1- 0.2762
M = $220,000 x (0.00358 /0.7238)
M = $220,000 x 0.0049461
M = 1,088.12
Monthly payments will be $1,088.12