Answer:
A) -0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in the number of Commuters
Explanation:
Given data:
current fare (P0) = $4
hiked fare (P1) = $6
change in fare = $2
number of rides before increase ( Q0 ) = 10000
number of rides after increase ( Q1 ) = 8000
change in rides = 2000
A) The estimated elasticity of demand for MRT rides using the midpoint /ARC method
Mid point method = [ ( Q1 - Q0 ) / ( Q1 + Q0 ) ] / [ (P1 - P0 ) / (P1 + P0 ) ]
= [ - 2000 / 18000 ] / [ 2 / 10 ]
= - 1000 / 1800 = - 5 / 9 ( estimated elasticity )
= - 0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in Commuters
Answer:
The correct answer is letter "A": True.
Explanation:
Repositioning refers to a strategy by which companies change the position of a product in the market. That change can be caused because of several reasons such as <em>the decline in sales of a product, the replacement of the product for one enhanced by the same company or a competitor, to enter a new market, change prices of a product </em>or <em>to support a strategic plan of the entity.
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The more established is a corporation in a market, the more difficult it will be to carry out the repositioning.
Answer:
The correct answer is (D)
Explanation:
One of the most significant perspectives to be considered in connection is to frame a benchmark plan. Execution estimation and target-setting are essential to the development procedure, however a pattern plan is basic and is considered as an initial step. While numerous private companies can run themselves easily without target-setting, however every organisation must have a plan and a way to execute those plan.
Answer and Explanation:
In order to determine the present value we should divide the future value cash flow by (1 + rate of interest)^number of years
And, the value of the today should be
= $42,000 ÷ (1 + 0.07)^17
= $13,296
Hence, the same should be considered and relevant
I believe the answer is Termination <span>stage of change in regard to weight loss.
During the termination stage, the transformation is already complete and is very unlikely that heather will revert back to her old habbit.
In behavioral change like this, average people achieved termination stage after making an effort for 24 months or more.</span>