Answer: Total Revenue is $100 and the price elasticity is 0.4
Explanation: total revenue is computed as Price * Quantity
$0.5 * 200= $100
Elasticity is the degree of responsiveness of quantity demanded to a change in price.
Old price $1
New price $0.5
Old quantity 75
New quantity 200
Formula- % change in quantity demanded / % change in pride
NB change is (old-new)
Change in Qd= (75-200) / 75 =-1.67
Change in price=(1-0.5)/1=0.5
-1.67/0.5= -3.34
The negative is ignored in price elasticity and the answer is 3.34 which means the product is Elastic
Answer:
Rooftop farming, popularly known as "Kaushi Kheti" is the cultivation of different food crops in the roof of buildings which is usually done in the city areas where there is no adequate agricultural lands.Start with a plan. ...
Consult with the building engineer. ...
Check into access. ...
Use sturdy materials. ...
Find a water source. ...
Look for storage space. ...
Pick the right planting medium.
Explanation:
Answer:
The correct word for the blank space is: Ordinal.
Explanation:
Ordinal data is one of the four (4) types of measurement scales that values in order of importance the rating that can be provided over a subject. However, the difference between each of the rates is not clear. Usually, this approach aims to measure <em>comfort, experience </em>or <em>satisfaction</em>.
Answer:
A) according to put call parity:
price of put option = call option - stock price + [future value / (1 + risk free rate)ⁿ]
put = $6.93 - $125 + [$140 / (1 + 5%)¹/⁴] = $6.93 - $125 +$138.30 = $20.23
B)
you have to purchase both a put and call option ⇒ straddle
the total cost of the investment = $6.93 + $20.23 = $27.16, this way you can make a profit if the stock price increases higher than $125 + $20.23 = $145.23 or decreases below than $125 - $20.23 = $104.77
