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Luden [163]
3 years ago
11

When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici

ty of demand between erasers and pencils is ________ because erasers and pencils
Business
1 answer:
xeze [42]3 years ago
3 0

Answer:

Perfectly Inelastic

Explanation:

Demand can be defined as the total quantity of a commodity which a consumer is willing and able to buy at a particular time and price.

There are several types of elasticity of demand a perfectly elastic demand is one that quantity remains the same regardless of a change in price

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A country has been in existence for only two years.
ozzi

Answer:

-1.0 million

Explanation:

the debt issued in the second year is equal to the sum of the excess of revenues over outlays

in year 1, debt = $1.0 million - $1.5 million = $-0.5 million

In year 2, debt  = $1.5 million - $2.0 million = $-0.5 million

$-0.5 million + $-0.5 million  = -1.0 million

4 0
3 years ago
Question 1(Multiple Choice Worth 10 points)
san4es73 [151]

Answer:

Option A, Increased mental stress

Explanation:

Increased mental stress  is one of the possible effect of identity theft.

It can cause following negative impacts on the mental and physical health of an individual

a) It causes sleep disturbance

b) Physical symptoms such as aches and pains, heart palpitations, sweating and stomach issues arises

c) Post stress disorder

d) Anxiety

Hence, option A is correct

8 0
2 years ago
Find the final amount in the following retirement​ account, in which the rate of return on the account and the regular contribut
ICE Princess25 [194]

Answer:

Total value of the investment= $57,320.73

Explanation:

<u>First, we need to calculate the future value of the first part of the investment. We will calculate the future value for the monthly deposit for five years and then the lump sum for another five years.</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

i= 0.04/12= 0.003333

n= 5*12= 60 months

FV= {322*[(1.003333^60) - 1]} / 0.003333

FV= $21,348.05

<u>For the lump sum:</u>

FV= PV*(1+i)^n

n= 12*5= 60

i= 0.05/12= 0.004167

FV= 21,348.05*(1.004167^60)

FV= $27,397.75

<u>Now, the future value of the second part of the investment:</u>

<u></u>

n= 60

i= 0.0041667

A= 440

FV= {440*[(1.004167^60) - 1]} / 0.004167

FV= $29,922.98

Total value of the investment= 27,397.75 + 29,922.98

Total value of the investment= $57,320.73

3 0
3 years ago
________ is the investment in social relations with the expectation of returns in the marketplace.
marishachu [46]

Answer:

Social capital is the investment in social relations with the expectation of returns in the marketplace

Explanation:

4 0
3 years ago
Encore Inc. declared an $80,000 cash dividend. It currently has 3,000 shares of 7%, $100 par value cumulative preferred stock ou
blsea [12.9K]

Answer:

$38,000

Explanation:

Before distributing dividends to common stockholders, Encore must first deal with the preferred stockholders.

preferred stock annual payment = 3,000 shares x 7% x $100 = $21,000

Since the company owes one year's payment to preferred stockholders, it must pay them two years now = $21,000 x 2 = $42,000

So Encore will have $38,000 (= $80,000 - $42,000) left to distribute to commons stockholders.

3 0
3 years ago
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