Answer: $2000
Explanation:
From the question, we are informed that Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program and she uses the funds to pay for new furniture for her apartment.
The amount that is taxable to Jennie will be the amount of earnings she made who is $2000.
Answer:
C.social media or E.consumer report
Explanation:
Sorry if im wrong
Answer:
A
Explanation:
the price of product will increase
Answer:
present value = $12811.98
present value = $11428.17
present value = $9964.92
Explanation:
given data
injury settlement = $14,000
time = 3 year
opportunity cost = 3%
opportunity cost = 7%
opportunity cost = 12%
solution
we will apply here Present value formula that is
present value = 
..............................1
put here value of opportunity cost rate we get
present value = 
present value = $12811.98
and
present value = 
present value = $11428.17
and
present value = 
present value = $9964.92
Answer:
The correct answer is letter "A": relatively elastic.
Explanation:
Elasticity is the characteristic certain goods and services have of experiencing changes in quantity demanded as the prices change. Price elasticity of demand is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than 1, the demand is elastic.
Demand is relatively elastic when small changes in prices cause large changes in quantity demanded. This happens when the goods or services in reference have many substitutes and the cost of switching providers is low.
Thus, <em>if a 1% change in the price of a given product changes its quantity demanded by more than 1%, the product is relatively elastic.</em>
