Answer:
Explanation:
Given
Probability of a person to not enter into a bar or ducking is 
Probability of a person to enter into a bar
(Probability of a person to not enter into a bar or ducking)
Substituting the given value, we get
Probability of a person to enter into a bar
Total three men attempts to enter into the bar and their course of action is independent of each others
Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities
Answer:
The explicit tax would Curtis incur on interest earned on the Initech, Inc. bond is $7,395
Explanation:
The computation of the explicit tax is shown below:
= (Invested amount × interest rate with similar risk) × marginal tax rate
= ($425,000 × 7.25%) × 24%
= $30,812.50 × 24%
= $7,395
We consider the invested amount, similar risk interest rate, and the marginal tax rate. The paying interest rate would not be considered. Hence, ignore it
Increase the quantity demanded by about 25 percent.
<h3>What is the short definition of price elasticity?</h3>
- Price elasticity in business and economics refers to how much people, consumers, or producers alter their demand or the quantity supplied in reaction to changes in price or income.
- It is mostly used to evaluate how consumer demand has changed as a result of a price change for a good or service.
<h3>What are some examples of price elasticity of demand?</h3>
- When a price increase results in a greater percentage reduction in demand, we say a good is price elastic.
- For instance, if price increases 20% and demand declines 50%, the PED equals -2.5. One illustration is Heinz soup. Heinz soup options are plenty today.
learn more about price elasticity of demand here
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Answer:
According to Ansoff's strategic opportunity matrix, Dietizza has adopted the ________ alternative.
a) market penetration
Explanation:
According to Ansoff's strategic opportunity matrix, Dietizza has adopted the ________ alternative.
a) market penetration
Market penetration means entering the market by increasing sales.
It can be done in a number of ways such as offering discounts, attracting customers through promotion etc.
Decreasing price for a special event which would be again a discount.
Ansoff's strategic opportunity matrix has four strategies.
a) market penetration
b) product diversification
c) product development
d) market development
Answer:
Owning housing option gives you more freedom and more responsibilities.
Explanation:
Owning a house has the following benefits:
• more freedom
• more responsibilities
• lower costs in long-term high appreciation value
Renting housing option factors are as
follows:
• less freedom
• less responsibilities
higher costs in long-term
• more flexibility
As per the above question,
