Answer:
A) 3% decrease in the quantity demanded of pineapple.
Explanation:
We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.
In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.
Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%
Answer: A. Design/ pre construction.
Explanation:
Architecture is the profession in charge of the design, projection, and construction of structures, such as houses or buildings, focusing on aesthetics and harmony of constructions. This career is very similar to civil engineering but differs in the fact that architecture focuses on design and engineering on construction.
In this case, Erick works on design or preconstruction, that is, drawing the plans of the houses that the structure for which he works is going to build. This is the first step in the construction process.
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Answer:
FV= $804,326.91
Explanation:
Giving the following information:
Monthly deposit (A)= $100
Interest rate (i)= 0.092/12= 0.0077
Number of periods= 45*12= 540 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0077^540) - 1]} / 0.0077
FV= $804,326.91
Answer:
If management decides to eliminate this product line, the company’s net income will reduce by $22,000
Explanation:
<em>A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.</em>
<em>In a shut down decision , the following relevant cash flows should be considered:</em>
- <em>Lost contribution from the product to be shut down</em>
- <em>Savings in fixed directly attributable to the product under consideration.</em>
$
Lost contribution from shut down (100,000)
Savings in fixed cost (60% × 130,000) <u> 78,000</u>
Net loss from shut down <u> (22,000)</u>
Net loss from shut down = $(22,000)
If management decides to eliminate this product line, the company’s net income will reduce by $22,000
The molecular unit of heredity of a living organism is a gene.