Answer:
The cross elasticity of good X 5%, divide 10% of change in demand from the 2% of price increase in good Y.
The two goods are SUBSTITUTE Goods.
Explanation:
In substitute goods, when the price of one good increases, people start using less of that good and move onto use cheaper other goods that can be used instead of that good.
Answer:
The borrower is best off in situation <u>"a"</u> and the lender is best off in situation ▼ "C" .
Explanation:
Considering all the situations given in the options, the <u>borrower</u> is best in situation <u>a</u> and <u>lender</u> is best off in situation in <u>c</u>.
<u>Part a </u>
Real Interest rate = Nominal Interest rate - Inflation rate = 14 - 17 = -3 per cent. Thus, the purchasing power of money has fallen and the person has to pay back money with little purchasing power as compared to the value of the purchasing power at the time he borrowed money. Thus, borrowers are best off.Thus, <u>borrower</u> is best off when the inflation rate is very high.
<u>Part c</u>
Inflation rate is negative, thus the purchasing power of money will increase and lenders will get back money with higher purchasing power as compared to the value of the purchasing power of money at the time he lend the money. Thus, <u>lender </u>is best off when inflation rate is lowest.
Answer: Option D
Explanation: A design of mathematical optimization consists of an objective function and a set of constraints in the form of an equation or inequality scheme. Optimization models are commonly used in virtually all policy areas, such as engineering design and choice of financial portfolios.
Such models are used by organisations as they give near to accurate results which are based on the foretasted input data. Thus, from the above we can conclude that the correct option is D .
Answer:
d. Help ensure an integrated effort of the firm
Explanation:
In spite of this would be a disarible concept for all the companies unit. Marketing will focus in the generation of value to the customer
s you probably know, brand equity is becoming increasingly important factor to successful brands. Brand equity has the ability for firms to to gain additional market share, at a price premium, with increased customer loyalty, and greater acceptance of new products. It also provides significantly more access to more retailer channels and easier ability to enter new markets.
Professional valuation companies that rank firms on the brand equity value consider how much the brand contributes to additional profitability. Here are the top 10 brands for 2015 as determined by Millward Brown.
Apple
Google
Microsoft
IBM
Visa
AT&T
Verizon
Coca-Cola
McDonalds
Marlboro
