Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
Credit, $60,000
Explanation:
Given,
Market rate = 10%
Face value $60,000 = Principal value.
When the bonds mature, the issuer records its payment of principal with credit to cash in the amount of principal value that is $60,000 because the bondholder will pay the principal with interest.
Therefore,
Bondholder will pay the $60,000 issued amount as principal because there is an additional interest amount needs to be paid.
It is credit because it is matured on the date of cash payment.
Answer:
B. 21.8%
Explanation:
Cost of preference capital = 
No adjustment of growth rate is done as the dividend on preference capital is constant and do not grow in normal conditions, that is it only differs in exceptional conditions.
therefore, in the given instance we have,
Dividend = $2.40
Current price = $11
Expected Return = 
= 21.8%
Thus correct option is
B. 21.8%
The platform which is your<em> best option</em> for creating a digital forum where your followers can interact with you and each other is:
- A) Social networking site
<h3>What is a Social networking site?</h3>
This refers to the use of social media networks to share content with people and also for interactive purposes.
With this in mind, we can see that as a proud owner of Sunnyside Up Cafe, there is a need for interaction with loyal customers which has been built for 15 years, so a social networking site would be best for this.
Read more about social networking here:
brainly.com/question/1297932
