Answer:
diminishing marginal rates of substitution.
Explanation:
Based on the information provided within the question it can be said that the principle that captures this is known as diminishing marginal rates of substitution. Like mentioned in the question this refers to the fact that a consumer chooses to replace a product instead of actually buying more. This decreases as you move down the indifference curve as shown below.
Answer:
The correct answer is option (A).
Explanation:
According to the scenario, the computation of the given data are as follows:
First, we will calculate the Market risk premium, then
Market risk premium = (Required return - Risk free rate ) ÷ beta
= ( 9.50% - 4.20%) ÷ 1.05 = 5.048%
So, now Required rate of return for new portfolio = Risk free rate + Beta of new portfolio × Market premium risk
Where, Beta of new portfolio = (10 ÷ 18.5) × 1.05 + (8.5 ÷ 18.5) × 0.65
= 0.5676 + 0.2986
= 0.8662
By putting the value, we get
Required rate of return = 4.20% + 0.8662 × 5.048%
= 8.57%
Answer:False
Explanation:
The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.
Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey
So therefore it is false
Answer:
32
Explanation:
First bounce = 13 / 14 × 10 = 130 /14
using geometric progression where the common ratio = 13/14, the first bound = 130/14
ar^n-1 < 1
substitute the values into the equation
130 /14 × 13/14^(n-1) < 1
(13/14)^n-1 < 1÷ (130/14)
(13/14)^n-1 < 14 / 130
take log of both side
log (13 /14)^n-1 < log ( 14/130)
n-1 log (13 /14) < log ( 14/130)
since log (13/14) negative
n-1 > (log( 14/130)) ÷ ( log (13/14)
n - 1 > 30.07
n > 30.07 + 1 > 31.07
The 32 bounce will the first less than 1 foot
Answer:
Multiplier = 3.33
Explanation:
Investment / Spending Multiplier denotes increase in Income multiple times increase in causal Investment.
Multiplier = Change in Income / Change in Investment = 1 / 1 - MPC
<em>M</em> = ΔY/ΔI = 1/ (1-MPC)
At Equilibrium, Investment = Savings = 750. Change in Investment = 900 - 750 = 150. Change in Income = 500.
M = 500/150 = 3.33
3.33 = 1/(1-MPC)
MPC = 0.70
