Answer: Four times.
Explanation:
Based on the information given, the government expenditure multiplier in this case goes thus:
K = ∆Y/∆G = 1/1-MPC = 1/MPS
For the first country with a MPS of 0.05, K = 1/MPS = 1/0.05 = 20
For the first country with a MPS of 0.2, K = 1/MPS = 1/0.2 = 5
Therefore, 20/5 = 4.
Therefore, the answer is four times.
The present market price of Moribund stock stands at $22.58.
<h3>What is market price?</h3>
- Market value is another term for current price. It is the most recent price at which a share of stock or other security was traded. The current price serves as a baseline in an open market.
- The market price is the current cost of purchasing or selling an asset or service. The details of supply and demand decide the market price of an investment or assistance.
- The market price is the price at which quantity supplied equals quantity demanded.
- The market price is the price that exists on a specific day or at a specific time. It is the result of market supply and demand. Normal prices, on the other hand, are the result of long-term demand and supply.
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The factors that are used in the rule-of-thumb methods to determine the communication budget is "Prior sales and communication activities".
<h3>What is rule-of-thumb method?</h3>
The rule of thumb would be a cognitive guideline that offers basic guidelines or guidance that is distilled for a certain topic or course of action.
Some characteristics of rule-of-thumb are-
- A general rule of thumb an unofficial practical guidance that offers streamlined rules that generally apply.
- Numerous financial rules of thumb provide advice on how much should be saved, how much should be paid for a home, where and how to invest, and other topics.
- Rules of thumb may not apply to your specific scenario because they not scientific and don't take into consideration the unique circumstances and demands of each individual.
- It is a fundamental principle that provides step-by-step guidelines for carrying out or handling a specific task.
- In contrast to scientific study or a theoretical underpinning, rules of thumb typically emerge through experience and practice.
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Answer:
Brandon needs to compare his salary to other employees of the company, he needs to pay special attention if:
- If the supervisors from other departments or units of the same company earn more than Brandon.
- If his own staff members earn a salary that is very similar to Brandon's.
- If his immediate superior earns a salary that is disproportionately higher than Brandon's.
Answer:
False
Explanation:
In a perfectly competitive market the sales revenue is based on pricing also. As the pricing policy also plays an important role in the marketing technique to attract customers.
As the quality served is generally the same in the market, there is no issue in that but when the price is reduced expected sales will increase and accordingly the expected revenue also increases.
As the sales is expected to increase the revenue will also increase accordingly, even though the price is reduced, due to increase in sales quantity the expected change shall not be same as that of the change in price.
Thus, the statement is False.