Answer: d. is elastic.
Explanation:
A good is said to be elastic when its price elasticity of demand is greater than one.
Price elasticity of demand shows the change in quantity demanded as a result of a change in price.
Formula is:
= Percentage change in quantity demanded / Percentage change in price
Percentage change in price = (100 - 120) / 120 = -16.7%
Percentage change in quantity demanded = (13 - 10) / 10 = 30%
Price elasticity of demand = 30% / -16.7%
= -1.8
Price elasticity of demand is greater than the number 1 so this is elastic.
Answer:
The correct statement or the option is D
Explanation:
The Corporation which follows a C corporation calendar year, owns the stock in Blue Corporation. And the Blue pays the dividend of $40,000 to Red but Red take a deduction $20,000 of the dividend received.
So, Red's dividend received deduction is % of the dividend received:
= $20,000 / $40,000
= 50%
The 50% dividends received deduction applies when the ownership is less than 20%. Therefore, Red posses less than 20% of Blue Corporation.
Answer:
B. Traditional work group
Explanation:
Traditional work group has to do with a group made up of two or more people who comes together to achieve a common goal. People or rather employees belonging to the traditional work group has no control over task given, report to a manager who's responsible for ranking their performances, lack direct responsibility and also they execute task. From the agreements Ginny had with the company, Ginny belongs to the traditional work group.
Hilton's hhonors is an example of a sale promotion. The sale promotion is
specifically designed programs that encourage consumers to purchase a particular product or service and to retain customers by offering premiums or other incentives to customers who make multiple purchases over time. Teh sale promotion can be coupons, deals, premium,, samples, loyalty programs, <span>point-of-purchase (POP) displays, ...</span>