Answer:
The above elasticity suggests that by raising the curb parking price by 10% reduces the time drive are willing to cruise by only 7.1%. also the increase of curb pricing would make elasticity greater that shows that curb park pricing by 1% reduces the drivers that are willing to cruise by only 2.3 %
Explanation:
Solution
Given that:
Now, when we look at the papers designed by the economists for the various formulas of calculating elasticity related to six factors examples like, the price of off street parking, the price of fuel, the number of person or individuals in a car, the price of curb parking, time value, we would notice that the formula for calculating cruising time elasticity with that of curb parking price is stated below:
E = - p/(m-p)
E = -5/12-5
E = -5/7
=-0.714
The above elasticity states that by raising the curb parking price by 10% reduces the time drive are willing to cruise by only 7.1%
Now,
The new elasticity = -7/(10-7)
=-7/3
=-2.33 or 2.33%
It suggests that the increase of curb pricing would make elasticity greater that shows that curb park pricing by 1% reduces the drivers that are willing to cruise by only 2.3 %
Answer:
The correct answer is A. Adequately check prior employment backgrounds for all new employees.
Explanation:
It is not enough to simply evaluate the resume and know the candidates' strongest skills, since it may happen that they omit or hide information only to advance in the process and be chosen for the vacant position. In this sense, it is important to carry out verifications of the information provided in order to know exactly what the previous experience, studies and skills have been in search of minimizing the risks associated with money management.
Answer: a. True
Explanation:
The simple linear regression model is;
y = mx + c
Where,
y = dependent variable
m is the slope
x is the independent variable
c is the y- intercept
The long-term trend only Least-Squares Regression Model also follows the same format except y becomes Yt and x becomes t.
The long-term trend only Least-Squares Regression Model is therefore the same as a simple linear regression only with different variable terms.
Explanation:
The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature
Answer:
A. $549000
Explanation:
Given information
Number of outstanding stock of Sherry, Inc = 60%
The cost of the land = $207,000
Fair value at the acquisition date = $549,000
By considering the above information, the value reflected in a consolidated balance sheet is $549,000.
The historical principle says that the fixed assets should be recorded at the purchase price or acquisition cost only and the same is to be considered
