Answer:
a 10% increase in price will reduce the demand and total expenditures on good X by 5%.
Explanation:
<em>Price elasticity of demand(PED) is the degree of responsiveness of demand to a change in price.</em>
<em>Where a percentage change in price produces a more than a proportional change in quantity, we say the product is</em><em> price elastic.</em><em> On the other hand, where a change in price produces a less than a proportional change in quantity demand, then demand is </em><em>price inelastic</em>
PED is computed as follows:
PED = % change in quantity /% change in Price
So we can apply this formula to this question
0.5 = m/10
m = 0.5 × 10
m = 5.
m= 5%
From the computation above , it is deduced that a 10% increase in price will reduce the demand and total expenditures on good X by 5%.
Answer:
The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.
Explanation:
Movement of Cash during the year :
Net cash flow from operating activities -$89 million
Net cash flow from investing activities $42 million
Net cash flow from financing activities $28 million
Movement during the year -$19 million
Conclusion,
The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.
Answer: The quality and design of calculators improved dramatically from 2014 to 2016.
A new, safe method of memory enhancement became available for purchase.
As the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead using the copies on reserve in the library.
Explanation: If textbook price increases , it might overstate the inflation in cost of going to college.
A new safe memory enhancement will be costly because of it's superior quality and technological progress.
Similarly , new calculator will also be improved and superior.
<em><u>Thus, the survey will reflect higher prices,</u></em>
<em><u></u></em>
Answer:
The correct answer is B
Explanation:
When the company want that their employees, need to have the knowledge and develop their knowledge as well, they need to arrange or conduct the program of the training as well as programs of the recruiting.
As the CEO, realizes and states that the firm or the business survival grounded on the acquiring as well as the developing the knowledge. So, in order to follow what the CEO said, one must go through the proper training as well as the programs of the recruiting.
