Answer:
4) Hyperinflation
Explanation:
Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon. The severity of cost increases distinguishes it from the other types of inflation.
Answer:
The price elasticity of supply is 1.42.
Explanation:
The price elasticity of supply is the measure of the degree of responsiveness of quantity supplied to a change in price. It is the ratio of proportionate change in quantity supplied and proportionate change in price.
An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase in the quantity supplied by 10%.
Price elasticity of supply
= 
= 
= 1.42
Answer:
(1) To gain dominance in the Autonomous driving Technology.
(2) To utilize the vast network of drivers of Lyft to enhance the use of its technology
(3) To strategically place itself to compete favourably with other Autonomous driving Technology firms.
(4) To enhance its performance and profitability.
PART B
Lyft has a better transparent and user friendly application generally people trust their app in terms of pricing and trip duration.
LYFT HAS A BETTER REPUTATION THAN UBER WHICH HAS BEEN INVOLVED IN SERIES OF SCAMS IN 2017.
Explanation:
Waymo is a sister company to Google owned by alphabet inc., It is an autonomous driving Technology company with a state of the art Technology in the self driving cars.
Lyft is an American company which is involved in car lift,car hailing, car sharing etc services in major cities of the United States of America, it has developed a vast network of drivers and routes through out the United States.
The alliance between Waymo and Lyft was mainly to help both entities leverage on the competence of each party for the greater good of Both Companies.
Answer:
Journal Entry to record the first interest payment
June 30, 2019
Dr. Interst Expense $19,979.32
Dr. Premium on Bond $1,620.68
Cr. Cash $21,600
Explanation:
First, we need to calculate the premium on bond amortization as follow
Premium on bond amortization = Coupon Payment - Interest Expense
Premium on bond amortization = ( $480,000 x 8% x 6/12 ) - ( $499,483 x 8% x 6/12 )
Premium on bond amortization = $21,600 - $19,979.32
Premium on bond amortization = $1,620.68
Answer:
The correct word for the blank space is: individual.
Explanation:
<em>Good business practices</em> rely on the morale of each individual involved. The way people conduct businesses individually will affect the market of their operations, and that market, to the economy of the region. In the <em>globalized world</em>, we leave in, depending on the impact of the region, its market behavior can represent an advantage or disadvantage to the worldwide economy. In front of a crisis, the government can take a stand to control the situation through different policies.
