Answer:
d. 12.5%.
Explanation:
Price elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price.
If the price elascitiy of supply is 0.4, it indicates that supply is inelastic. This means that a change in price has little effect on quantity supplied.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
0.4 = 5% / percentage change in price
percentage change in price = 12.5%
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Answer:
All of the above
Explanation:
Section 11 of the security act of 1933 states that whenever the registration statement becomes effective , the accountant will be liable for errors relating to untrue statement of material fact , omission of a required material act or the inclusion of any other misleading information.
The aim is to ensure that the statement is truthful enough to supply reliable information that will protect the interest of stakeholders and fraud in the sales of securities.
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This is international strategy.
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