Answer:
The correct answer is option a.
Explanation:
The initial price of movie rentals is $3.25.
The initial quantity is 100.
The price falls to $3.
This causes demand to rise to 120.
The price elasticity of demand a ratio of change in quantity demanded to change in price level.
The elasticity is calculated at -2.25, through the process given in images.
The price elasticity of demand here is greater than 1 which means it is elastic.
So, option a is the correct answer.
Answer:
The correct answer is when income is exchanged for goods or services.
Explanation:
When we earn income, a portion of it goes to savings, and the balance income is called the disposable income. This disposable income can be used in various ways. You can invest it in income generating assets such as stocks, real estate, or you can exchange that for goods and services which is called the consumption.
Generally, the rate of consumption grows when the income grows.
Firms can avoid incurring high transport costs when exporting bulk products by manufacturing bulk products regionally.
Transportation costs are all the charges related to the transportation of uncooked substances, finished merchandise, and personnel. it is the cash at the back of ensuring all moving components get in what they want to be so your customers get their products or services on time.
Now, you need to determine all your transportation level costs. look at how lots you paid for drivers, gasoline, special licenses, purchasing/leasing motors, outsourced paintings, and every other system related to transportation. upload this kind of collectively to get the total fee of transportation.
Techniques of lowering logistic prices can range from optimizing stock degrees to recharting higher transport networks, to growing higher procedures, enhancing dealer/1/3 celebration relationships, and so on.
Learn more about Transportation here brainly.com/question/27667264
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Answer:
The answer is letter D.
Explanation:
The correct statement is Portfolio ABC's expected return is 10.66667%
Answer:
Interest rate = 4.75% (approx)
Explanation:
Given:
Face value of bond = $1,000
Present value of bond = $954.70
Interest rate = ?
Computation of Interest rate :
![Interest rate = [\frac{Face value of bond}{Present value of bond}-1] \times 100\\](https://tex.z-dn.net/?f=Interest%20rate%20%3D%20%5B%5Cfrac%7BFace%20value%20of%20bond%7D%7BPresent%20value%20of%20bond%7D-1%5D%20%5Ctimes%20100%5C%5C)
![Interest rate = [\frac{1,000}{954.70}-1] \times 100\\\\Interest rate = [1.04744946-1] \times 100\\Interest rate = [0.04744946] \times 100\\= 4.744946](https://tex.z-dn.net/?f=Interest%20rate%20%3D%20%5B%5Cfrac%7B1%2C000%7D%7B954.70%7D-1%5D%20%5Ctimes%20100%5C%5C%5C%5CInterest%20rate%20%3D%20%5B1.04744946-1%5D%20%5Ctimes%20100%5C%5CInterest%20rate%20%3D%20%5B0.04744946%5D%20%5Ctimes%20100%5C%5C%3D%204.744946)
Interest rate = 4.744946%
Interest rate = 4.75% (approx)
