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3 years ago

Price elasticity of demand along a linear, downward-sloping demand curve increases as price falls.

1 answer:

8 0

False.

It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.

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An investor makes three deposits into a fund, at the end of 1, 3, and 5 years. The amount of the deposit at time t is 100(1.025)

bulgar [2K]

Answer:

The size of the fund at the end of 7 years is $483.110

Explanation:

Number of quarters = 4

We are given that the nominal rate of discount convertible quarterly is 4/41

Discount rate in each quarter = $\frac{\frac{4}{41}}{4} = \frac{1}{41}.$

Let A is the value after discount and X is the original value:

$A = X - X(\frac{1}{41}) \\A=X(1 - \frac{1}{41}) \\A=\frac{40}{41}X\\X = \frac{41}{40}A$

Now To calculate the value after 7 years we need to multiply each value by the interest raised to the correct power.

$A=100 \times 1.025^1 \times \frac{41}{40}^{(7-1) \times 4}+100 \times 1.025^3 \times \frac{41}{40}^{(7-3) \times 4}+100 \times 1.025^5 \times \frac{41}{40}^{(7-5) \times 4}$

A=483.110

Hence the size of the fund at the end of 7 years is $483.110

3 0

2 years ago

Isabella wants to gather competitive intelligence (CI) on toy manufacturers before she launches her toy company, which has devel

ser-zykov [4K]

Answer:

d. scanner research

Explanation:

The scanner research includes the data analyze that collected via scanning the devices and same is applied at the time of purchase. It is the type of the computer based research and she wants to check that non-computer sources

So the other options would not be considered as they are doing for the research purpose

But the above option is not considered for the same

Therefore the option d is correct

3 0

3 years ago

Because Mr. Reuben is concerned about employee turnover, including a ______ plan that includes years of service would serve as a

-Dominant- [34]

Answer:

Pension benefit plan

Explanation:

A pension benefit plan is one where an employee promises to make a lump payment or a series of payments to an employee on retirement.

There is a guaranteed payment for the employee upon retirement.

It includes employee's pay, years of employment, and age at point of retirement.

As the pension benefit plan takes into consideration the number of years served by the employee it will be a perfect fit for Mr. Reuben's staff.

6 0

2 years ago

Which of the following is the best description of listening?

Marysya12 [62]

It involves processing speech with focused attention.

4 0

3 years ago

Even though mass transit systems such as buses are available in most cities in the United States, many residents decide to drive

DIA [1.3K]

Answer:

Mass transit arrangement are accessible in most of cities in US but several individuals are not consuming it. Those individuals like to go workplaces in their won vehicle. There might be more than one response correct for the given problem. Sometime individuals do not perform according the economic method of thinking. They might be irrational also. According to me, presumptuous that all persons are rational and acting rendering to approach of thinking, the opportunity cost of riding a bus essential to be high for them. Individuals chooses to drive to work in their personal vehicles because opportunity cost of driving their personal vehicle to work is comparatively less for them. This is the maximum strong dispute among all given influences.

Thus Option (1) is the correct answer

6 0

3 years ago