Answer:
$7.5
Greater
Explanation:
Price elasticity of demand = percentage change in quantity demanded/ percentage change in price
0.2 = 10%/ percentage change in price
percentage change in quantity demanded = 50% = 0.5
0.5 = (New price - $5) / $5
New price = (5 × 0.5) + 5 = $7.5
In the short run, demand is relatively inelastic because consumers need time to find suitable substitutes but in the long run, demand is usually more elastic.
I hope my answer helps you
Answer:
The value that should be placed when analyzing the option of using the house as a professional office is $242,880
Explanation:
In calculating cash flow of a project, opportunity cost is very important hence be made part of the cash flow
Incremental cash flow = Appraisal on the house - Real estate fees
=$264,000 - $21,120
= $242,880
The internal growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum. The tax rate and the dividend payout ratio will be held constant. Current and. The Two Sisters has a 9 percent return on assets and a 75 percent retention ratio.
hope this helps.
Answer:
Online classes is new trend now these days. Both ways have their own advantage and disadvantages.
Explanation:
Now these days the trend of online classes are on top. This is not a longer novelty. This mode of learning changes the structure and experience of the class.
It is not necessary that the changes could be right for all. There are some advantage of online classes.
- Flexible schedule
- Faster completion
- To study anytime
- To login from anywhere
- To access the more colleges
- No commute
It has potentially lower cost
But in traditional classroom in campus, you have to attend the classes at campus. You will meet new people. Students get socialize with another students and new people
Both way of taking course have advantage and disadvantage.
