Answer:
elasticity of demand is 2.16. Consumers pay a smaller portion of the tax
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
(2/19)(2/41) = 2.16
When the coefficient of elasticity is greater than 1, demand is elastic.
Elastic demand means that a small change in price leads to a greater change in quantity demanded.
Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.
I hope my answer helps you
Answer:
E. $40.68
Explanation:
The computation of the stock worth today is shown below:
= (Dividend in year 1 ÷ 1 + required rate of return^number of years ) + (Dividend in year 2 ÷ 1 + required rate of return^number of years) + (Dividend in year 3 ÷ 1 + required rate of return^number of years) + (Dividend in year 3 ÷ 1 + required rate of return^number of years) × (1 + growth rate) ÷ (required rate of return - growth rate)
= $1.2 ÷ 1.14 + $1.5 ÷ 1.14^2 + $2 ÷ 1.14^3 + $2 ÷ 1.14^3 × (1 + 10%) ÷ (14%-10%)
= $40.68
We simply applied the above formula
Marketing training should ideally address your organizational challenges, for example through company-specific projects or the development of your own action plan.
Answer: Option (c) is correct
People are motivated to satisfy lower-level needs before higher-level needs.
Explanation:
As indicated by Maslow's need hierarchy, individuals are first worried about fulfilling their fundamental needs which comprises of nourishment, shelter.
Subsequent to fulfilling their fundamental needs, they begin fulfilling their different needs.This hypothesis proposes that requirements of an individual are in a specific order.
Individuals used to meet the following need in the wake of being happy with the past one. Hence, all the needs are in a particular sequence and that is according to this theory.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Thomas Company allocates Maintenance Department costs based on square footage serviced.
Square feet:
Maintenance= 500
Cafeteria= 3,000
Cutting= 1,000
Assembly= 9,000
Total= 13,500
Proportional usage= cutting/total square feet= 1,000/13,500= 0.074= 7%
