Answer:
i want to say 179,270 i am sorry if i am wrong
Explanation:
Answer:
The choice between consumption in the present and consumption in the future, perception of a close correlation between current income and consumption, and the smoothing of consumption over time as deriving from its comparison to the income which the individual would perceive as his/her permanent income.
If GSU feels that raising tuition would enhance revenue, it is assuming that the demand for university education is inelastic.
- The quantity of a good that consumers are willing and able to buy at different prices during a specific time period is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand.
- A change in demand whose percentage is less than a change in price. Demand is said to be inelastic, for instance, if the price of a good increases by 25% but drops in demand by just 2%.
- When there is a small change in the quantity demanded when the price changes, a good or service has inelastic demand. The term "price inelasticity of demand" is another name for this. An example of inelastic demand is gasoline, where individuals generally buy the same amount even when prices rise.
Thus this is the answer.
To learn more about Demand, refer: brainly.com/question/1245771
#SPJ4
A downfall of the infant-industry argument is that o<span>nce established, a tariff is politically difficult to remove.
For new industries, it almost impossible for a new startup to compete against a well-established industry unless they have a unique differentiation in their product.</span>
Answer:
c) $767,464.54
Explanation:
The computation of the future value of an annuity is shown below:
As we know that
Future value of annuity F = Payment made × ((1 + rate of interest)^t - 1) ÷ r
ate of interest
= $3,400 × (1.092^35 - 1) ÷ 0.092
= $3,400 × 225.7249
= $767,464.54
Hence, the future value of an annuity is $767,464.54
Therefore the correct option is c.