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levacccp [35]
3 years ago
5

The owner of a newspaper-stand wants to raise prices to increase revenue. There are a number of other newspaper-stands nearby. W

hich of the following is likely to happen? Select the correct answer below: The owner's revenue will fall because newspaper demand is price elastic. The owner's revenue will fall because newspapers demand is price inelastic. The owner's revenue will rise because newspaper demand is price inelastic. The owner's revenue will rise because newspaper demand is price elastic.
Business
1 answer:
BaLLatris [955]3 years ago
8 0

Answer:

The answer is: The owner's revenue will rise because newspaper demand is price inelastic.

Explanation:

Although the question doesn't specify the price elasticity of newspapers, different papers and essays around the world concluded that it is very inelastic. So an increase in the price of newspapers will decrease the quantity demanded of news papers in a very small proportion. So it is safe to say that if the owner of the newspaper stand raises the price of newspapers, his total revenue will increase since its demand is price inelastic.

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Although you may not have received the e-mail we have been informed that the division head of the Finance Department is leaving
Orlov [11]

Answer:

B.

Explanation:

The sentence is too long and it is missing proper punctuations(like a comma). Reading it without punctuation does not provide room for breathing and therefore needs editing. It will be correct if framed like this; Although you may not have received the e-mail, we have been informed that the division head of the Finance Department is leaving at the end of the month. This sentence has a comma in the right place.

8 0
3 years ago
In which part of a résumé would you mention the names and contact details of your previous employers?
S_A_V [24]

Answer:

work experience is the correct answer for PLATO

5 0
2 years ago
Read 2 more answers
What is the effective rate of a $25,000 interest-bearing simple discount 10%, 90-day note?
salantis [7]
The effective interest rate on a discounted note is
.. 1/(1-r) = 1/0.9 ≈ 11.11%

_____
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5 0
3 years ago
For Tax Year 2019, amounts are indexed using the Chained Consumer Price Index for All Urban Consumers ("chained CPI"). What impa
Effectus [21]

Answer:

d. Using the chained CPI will not have a notable impact on 2019 tax returns.

Explanation:

when amounts are indexed using the chanined consumer price index, they increase slowly because there is a period to period connection in the consumer price index.

Therefore, The use of the chained consumer price index would have not have any significant impact on 2019 tax returns.

3 0
3 years ago
At the present time, Perpetualcold Refrigeration Company (PRC) has 10-year noncallable bonds with a face value of $1,000 that ar
Assoli18 [71]

Answer:

The correct answer is 4.33%(approx)

Explanation:

According to the scenario, the given data are as follows:\

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So Coupon Payment = $110

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So, we can calculate the after tax cost of debt by using following method:

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So, by putting the following value, we get

YTM = 0.0721

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After Tax Cost of Debt = 0.0721 × ( 1 - 0.4)

= 4.33% (approx)

6 0
3 years ago
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