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3 years ago

An increase in the price of gasoline will reduce the amount of gasoline purchased. This is

Business

1 answer:

nekit [7.7K]3 years ago

5 0

Answer:

<h2>In this case,the answer is option is B. or a positive economic statement.</h2>

Explanation:

In Economics or any Social Science,a positive statement basically refers to an assertion,proposition,fact etc. that can be practically tested or evaluated by examining statistical or empirical data,information and/or facts.
In this instance,the statement given represents an economic relationship between two economic variables,that is,price of gasoline and its consumption level.
Therefore,this is a general statement that can be verified or evaluated by collecting and examining relevant numerical data or facts on the price of gasoline and its consumption level at various parts of the country.
Following the data or numerical fact collection on both price of gasoline and its consumption or purchase level,a basic correlation study can be conducted between the two concerned variables to determine whether the gasoline price has any practical impact on its consumption level.

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General Electric is a company that used________to acquire and hold companies in the aerospace, consumer appliances, entertainmen

inn [45]

Answer:

The answer is Conglomeration

Explanation:

This is a term that describes the process by which a conglomerate is created, and a conglomerate is a corporation that owns a number of different businesses that are unrelated.

Another trait of a conglomerate is that every one of the conglomerate's subsidiaries operate independently of each other, but each subsidiary reports to the parent company.

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3 years ago

Read 2 more answers

You are given the following information for Watson Power Co. Assume the company’s tax rate is 23 percent. Debt: 8,000 5.7 percen

____ [38]

Answer:

the company's WACC is 10.04%

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that a project must offer before it can be accepted. It shows the risk of the company.

Capital Source Market Value Weight Cost Total Weight

Debt $8,400,000 27.71% 4.389 % 1.22%

Common stock $24,190,000 71.17% 12.2% 8.68%

Preferred stock $1,400,000 4.12% 3.5% 0.14%

Total $ 33,990,000 100.00% 10.04%

Calculation of Market Value and Cost of Debt

Market Value = 8,000×($1,000×105%) = $8,400,000

Cost of Debt = interest × (1 - tax rate)

= 5.7% × ( 1-0.23)

= 4.389 %

Calculation of Market Value and Cost of Common stock

Market Value = 410,000× $59 = $24,190,000

Cost of Common stock = Risk free Rate + Beta × Market Premium

= 4.5% + 1.10× 7%

= 12.2%

Calculation of Market Value and Cost of Common stock

Market Value = 17,500× $80 = $1,400,000

Cost of Preferred stock = 3.5%

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3 years ago

Interest earned on both the initial principal and the interest reinvested from prior periods is called _______.

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Answer:

interest earned on both the initial principal and the interest reinvested from prior periods is called compound interest.

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Compound interest. The interest which is added on to the initial investment, so that this will itself gain interest in subsequent periods.

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3 years ago

________ refers to the total value of all the exports and imports of the world's nations.

Musya8 [376]

World trade refers to the total value of all the exports and imports of the world's nations.

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3 years ago

______ is a structured program in which a high-potential trainee is groomed for a management position through a carefully design

vitfil [10]

Answer:

Management training program.

Explanation:

Management training program is a structured program in which a high-potential trainee is groomed for a management position through a carefully designed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.

Basically, it is a structured program which is typically designed and focused on improving a high-potential trainee's skills such as communication, listening, empathy, oratory abilities, etc, in order to make them to be more productive, valuable, an effective leader, and leverage on new opportunities that would help the organization achieve success in their set goals and objectives, as well as enhance their competitive advantage over rivals in the industry.

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3 years ago