Answer:
The correct option is B
Explanation:
Price elasticity of the demand is the measures of the responsiveness for the product whose quantity is demanded with the change or variation in the price.
It is used in the business when decision in relation to the price of the product is taken and for rest of the marketing mix.So, the one which is not a determinant of the price elasticity of demand is flatness or steepness of the supply curve of the product or good.
The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
Learn more about on nominal rate, here:
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Answer:
Appalachian Beverages
The Updated current ratio is:
= 1.65
Explanation:
a) Data and Calculations:
Current assets = $39,900
Current ratio = 1.90
Current liabilities = $21,000 ($39,900/1.90)
Current Assets:
Beginning balance = $39,900
Inventory $5,100
Cash ($2,000)
Ending balance = $43,000
Current Liabilities:
Beginning balance = $21,000
Accounts Payable $5,100
Ending balance = $26,100
Analysis of Transactions:
1. Inventory $5,100 Accounts Payable $5,100
2. Delivery Truck $10,000 Cash $2,000 Two-year Note Payable $8,000
Updated current ratio = Current assets/Current liabilities
= $43,000/$26,100
= 1.65
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Answer:
slope of the per-worker production function = 0.06
Explanation:
given data
increase in capital per hour = $10,000
increase real GDP per hour = $600
solution
we get here slope of the per-worker production function that is express as here
slope of the per-worker production function = increase real GDP per hour ÷ increase in capital per hour ..............1
put here value
slope of the per-worker production function =
slope of the per-worker production function = 0.06