3 years ago

Explain why the demand for a particular brand of apple juice is elastic.

1 answer:

6 0

Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.

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Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, ar

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Answer:

Project 1, 2 and 3 will be selected

Total NPV of these projects will be $2,190,000

Explanation:

Availability of capital = 1 million

Minimum 2 projects should be selected

Project 2 and 4 cannot be selected together.

Value of project = NPV / Cost

P1 = 720,000 / 300,000 = 2.4

P2 = 780,000 / 260,000 = 3

P3 = 690,000 / 215,000 = 3.2

P4 = 700,000 / 240,000 = 2.9

P5 = 510,000 / 295,000 = 1.7

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In an economy (or an organization, or a household) in which resources are allocated reasonably efficiently, it is ____ possible

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Answer: Rarely if ever

Explanation:

In an economy resources are limited while human wants are unlimited. So resources must be used in a way that maximum consumer wants can be met efficiently. In an economy when resources are allocated efficiently it is rarely possible to make some else better off without making someone else worse off. That is it is rarely possible to increase performance of some without sacrificing on some other dimension.

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The process of setting aside money and putting it to work by having it earn interest or dividends or gain value in the equities

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Saving and investing.

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Savings is basically putting aside current money for future use. Investing is committing money to make profit over period of time.

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Prior to June 1, Sandler Company had no treasury stock transactions. Then, on June 1, the company paid $5,000 to purchase 100 sh

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Here's a link

bit. ly/gVQkw3

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