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SSSSS [86.1K]
3 years ago
5

The difference between price elasticity of demand and income elasticity of demand is that A. income elasticity measures the resp

onsiveness of income to changes in supply while price elasticity of demand measures the responsiveness of demand to a change in price. B. income elasticity refers to a horizontal shift of the demand curve while price elasticity of demand refers to a movement along the demand curve. C. income elasticity refers to the movement along the demand curve while price elasticity refers to a vertical shift of the demand curve. D. income elasticity of demand examines how an​ individual's income changes when prices change and the price elasticity of demand examines how quantity demand changes when price changes.
Business
1 answer:
nikdorinn [45]3 years ago
6 0

Answer:

The difference between price elasticity of demand and income elasticity of demand is that income elasticity of demand examines how an​ individual's income changes when prices change and the price elasticity of demand examines how quantity demand changes when price changes.

Income elasticity of demand is the measures of the demand of a good or a service in response to the change in income. Whereas the price elasticity of demand refers to the change in the desire to buy a product with an increase in its price.

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Answer:

$1,852,617.25

Explanation:

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4 years ago
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If an individual is in financial difficulty due to which she cannot be able to pay their loans, in that case, she can ask the creditor for a lower payment plan.

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A loan occurs when an individual who is in need of funds takes the money from the lender. The amount taken is required to be paid back along with interest.

The lower payment plan can be made by the creditors from whom she has taken the loan. She must explain her financial hardship regarding the non-payment of their current loans so that the creditor can reduce the payments accordingly. This means negotiating the loan payments in equal monthly installments as per her financial capability.

Therefore, she can ask for the minimum payment plan from the creditors in order to pay off her loans.

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The best estimate of the current stock price is $48.31.

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Dividend refers to the profit earned after reducing all the expenses and the cost. The dividend is the money distributed to the stakeholders by the company.

According to the above case, The pineapple Company earned the dividend of $1.75 and growth rate is constant at the rate of 25% for 2 years.

The best price estimate of the current stock =                                                                        =[$1.75(1.25)2(1.06)]/(0.12-0.06)

= $48.31.

The best estimate of the current stock price is  $48.31.

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