Answer:
2.2
Explanation:
The formula for calculating price elasticity using the midpoint method is:
midpoint method = {(Q2 - Q1) / [(Q2 + Q1) / 2]} / {(P2 - P1) / [(P2 + P1) / 2]}
midpoint method = {(150 - 100) / [(150 + 100) / 2]} / {(1.20 - 1) / [(1.20 + 1) / 2]}
midpoint method = [50 / (250 / 2)] / [0.20 / (2.20 / 2)] = (50 / 125) / (0.20 / 1.1)
midpoint method = 0.4 / 0.19 = 2.2
The advantage of using the midpoint method to calculate price elasticity is that we can calculate the price elasticity between two points, and it doesn't matter if the price increases or decreases.
If we calculate price elasticity using the single point formula:
price elasticity = % change in quantity supplied / % change in price = 50% / 20% = 2.5
I am 80% sure that the answer is c. (:
Answer:
return of the asset = 13.94%
return of the asset = 13.11%
return of the asset = 11.46 %
Explanation:
given data
average return = 14.60 percent
geometric average return = 10.64 percent
observation period = 25 years
solution
we get here return of the asset over year by Blume formula that is
return of the asset = ( T- 1 ) ÷ ( N - 1) × geometric average + ( N -T) ÷ ( N - 1) × arithmetic average ..................1
here N is observation period and T is time
put value in equation 1
return of the asset = 
return of the asset = 0.1394 = 13.94%
and
return of the assets = 
return of the asset = 0.13115 = 13.11%
and
return of the assets = 
return of the asset = 0.11465 = 11.46 %
Answer:
many people think of marketing and advertising as synonymous.
Explanation:
Advertisement or advertising refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
On the other hand, marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Hence, because advertising is the most visible form of marketing to everybody, many people think of marketing and advertising as being synonymous or the same.
Answer:
sources of business revenue
Explanation:
Revenue is the money a business gets from its normal trading activities. It is the income a business obtains through the sales of goods and services to customers. Revenue includes discounts received and purchase returns.
The sale of an asset is revenue to a business because it will receive money from the transaction. Usage fees, Brokerage fees, and advertising are money that businesses receive for offering services.
