Answer:
-2
Explanation:
Good X and Y are related goods
When the price of Good X rises by 20 percent the quantity for Good Y falls by 40 percent
Therefore the cross price elasticity can be calculated as follows
= -40/20
= -2
Hence the cross price elasticity is -2
Answer:
Cost of land = $76,240
Explanation:
Cost of land = cash price + accrued taxes + attorney's fees + broker's commission + clearing and grading
Cost of land = $61,440 + $4,720 + $2,660 + $3,360 + $4,060
Cost of land = $76,240
- Original cost is the total price associated with the purchase of an asset.
- The original cost of an asset takes into consideration all of the items that can be attributed to its purchase and to putting the asset to use.
- These costs include the purchase price and such factors as commissions, transportation, appraisals, warranties and installation and testing.
- Original cost can be used to value an asset type, including equipment, real estate and security instruments.
Income taxes, payroll taxes, and corporate income taxes.
Income taxes = individual employees pay out of their earnings
Payroll Taxes = social security tax, medicare, and unemployment tax. These are paid partially by the employees and partially by the employers
Corporate income taxes = paid by businesses as a percentage of their profits
Tactical adoption is a quick-sighted technique, deploying cloud offerings incrementally, resulting in apps and offerings which might be patched collectively to create give-up-to-cease enterprise processes.
Cloud adoption is a method utilized by organizations to enhance the scalability of net-based database capabilities at the same time as lowering fee and dangers. To achieve this, organizations interact within the exercise of cloud computing or the use of faraway servers hosted at the net to save, control, and procedure essential records.
The primary benefit of cloud adoption is that it gives scalable organization IT with velocity. Speed may be understood as performance and is a pre-requisite for gaining competitive gain. The cloud offers the required speed for a corporation to release new products quickly and advantage competitiveness in markets without problems.
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