Answer: 24 hours
Explanation:
When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.
Answer:
Range of price elasticity of demand for cigarettes is from (-0.5) to (-0.3).
Explanation:
Percentage increase in price = 10%
Percentage reduction in quantity demanded = 3% to 5%
We are taking percentage change in the quantity demanded is equal to 3% for now.
Initial price elasticity of demand for cigarettes:
= Percentage change in quantity demanded ÷ Percentage change in price
= -3 ÷ 10
= -0.3
Now, we are taking percentage change in the quantity demanded is equal to 5%.
price elasticity of demand cigarettes:
= Percentage change in quantity demanded ÷ Percentage change in price
= -5 ÷ 10
= -0.5
Therefore, the range of price elasticity of demand for cigarettes is from (-0.5) to (-0.3).
Answer:
The correct answer is B
Explanation:
Inferior goods are those goods or kind of goods whose demand declines or decrease when the income of the person or customer increases or rises. In other words, it means that the inferior goods demand is inversely associate to the customer or consumer income.
So, in this case, the income rises by 8% and the quantity demanded for the ice cream declines or falls by 18%, then the vanilla ice cream would considered as the inferior good.
Answer: -9
Explanation:
The Tax multiplier of a nation shows how much the aggregate demand of an economy will change if there is a change in taxes.
It is calculated by the formula:
= -MPC / ( 1 - MPC)
= -0.9 / (1 - 0.9)
= -9
<em>If taxes are reduced, aggregate demand would increase by 9 times. </em>
Answer:
a. 1.79
b. 0.78
c. 0.30
d. 0.43
Explanation:
a. The Current Ratio checks if the company can cover it's current Liabilities with it's current assets. The formula is;
Current Ratio = Current Assets / Current Laibilities
= $305,800 / $170,000
= 1.79
b. The Quick Ratio is similar to the Current Ratio but it calculates if a company can cover it's Current Liabilities with it's liquid assets.
Quick Ratio = Current Assets - Inventory / Current Liabilities
= ($305,800 -$173,800) / $170,000
= 0.78
c. The Cash Ratio checks whether the company can pay it's current Liabilities with it's cash or cash equivalent (Treasury Securities, bank account etc) holdings. Formula is;
Cash Ratio = (Cash+Cash Equivalents) / Current Liabilities
= $50,600 / $170,000
= 0.30
d. Debt ratio shows just how much of the company's assets were acquired through the use of Debt Financing. It's formula is;
Debt Ratio = Current Liabilities + Long Term Liabilities / Total Asssets
= $170,000 +$316,000 / $1,131,800
= 0.43
