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3 years ago

Whether two goods are substitutes or complements can be determined by computing the.

Business

1 answer:

d1i1m1o1n [39]3 years ago

5 0

Answer: cross price elasticity of demand

Explanation:

The cross price elasticity of demand measures the changes in quantity demanded of one good when the price of another good changes.

Substitute goods are goods that can be used instead of another good e.g. coke and pepsi. The cross price elasticity for substitutes is usually positive because an increase in price of one good increases the quantity demanded of the other good.

Complementary goods are goods that have to be consumed or used together. E.g. car and gas. The cross price elasticity for complementary goods are usually negative because an incease in price of one good leads to fall in the quantity demanded of the other good.

I hope my answer helps you

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Below is the common equity section (in millions) of Fethe Industries' last two year-end balance sheets:

Arisa [49]

Answer: b. The company issued common stock in 2015.

Explanation:

Common Stock is recorded at par value in the books and so the only things that can affect it are more stock being issued which would increase it or treasury stocks being purchased which would decrease it.

As the common stock increased in 2015 from 2014 by $1,000 more, it shows that the company issued $1,000 worth of stock in 2015.

6 0

3 years ago

stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75% per year. The requ

USPshnik [31]

Answer:

The stock price 5 years from now will be 44.46

Explanation:

The stock price will increase like compound interest at the same rate as the dividends.

$Stock(1+ g)^{time} = Amount$

Stock 35.25

time 5

dividend grow rate 0.0475

$35.25 (1+ 0.0475)^{5} = Amount$

Amount 44.45588696

The stock price 5 years from now will be 44.46

<u>Reasoning:</u>

In five years, if we calcualte the gordon dividend growth model:

$\frac{divends_{year5}}{return-growth} = Intrinsic \: Value$

and year 5 dividends would be:

$Dividend\: (1+ g)^{5} = Divends_{year5}$

$\frac{Dividend\: (1+ g)^{5}}{return-growth} = Intrinsic \: Value$

we can arrange the formula like this:

$\frac{Dividend}{return-growth} \times (1+ g)^{5}= Intrinsic \: Value$

The first part is the current stock price so our formula is confirmed.

$$Market Value Today \times (1+ g)^{5}= Intrinsic \: Value$

6 0

3 years ago

. The organizers of a conference in the Houston Convention Center are evaluating the possibility of setting up a computer area w

Mars2501 [29]

Answer:

They would need to have at least 3 computers

Explanation:

According to the given data we have the following:

Arrival rate = 15 persons per hour

Servicing rate = 60 / 10 = 6 persons per hour with one computer

Servicing rate with x number of computers = 6x per hour

Servicing rate at 90% utilisation = 6x (0.90) = 5.40x per hour

Therefore to service 13 arrivals per hour, we will need x computers = 15/ 5.40 = 2.78

With 2 computers, the service capacity will be 12 per hour and the utilisation will be 15/12 = 125%, which exceeds the organiser’s standard of 90% utilization.

With 3 computers, the service capacity increases to 18 persons per hour. If only 13 persons arrive, the utilisation rate will be 15 / 18 = 83.33%, below the required maximum of 90% utilisation.

Therefore, the 2.78 can be rounded off to next whole number 3 computers

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3 years ago

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After initial investigation into this topic, you suspect that several problems you identified in your scope statement might not

mr Goodwill [35]

Answer:ok so...

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3 years ago

Personal Finance: What change is taking place on this graph?

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