The statement that must be true about the demand for a product if it is inelastic is that, a price increase does not have a significant impact on buying habits. The correct answer would be option B. When the demand is inelastic, this situation means that the demand for a product does not decrease nor increase in corresponds to the rise or fall of its price.
The value of used textbooks sold through an online auction in 2006 is the gross domestic product for that year.
<h3 /><h3>Which of the following variables is used when computing GDP?</h3>
The calculation of a country's GDP takes into account both total private and public consumption, government spending, investments, increases in private inventories, paid-in building expenses, and the international balance of trade. (Imports are deducted from the total, while exports are added.)
<h3>What are the gross domestic product's four components?</h3>
The four primary parts of the gross domestic product are government spending, corporate investment, personal consumption, and net exports. 1 That tells what a country is best at producing. GDP is a measure of a country's annual total economic production.
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Questions from potential investors will be related to the functionality of the business plan presented. These questions have to be answered in a professional manner in the sense that the presenter has to be friendly and accommodating in his attitude. He should make eye contacts with the questioners. Each question should be answered with the goal of making the questioner understand the question that is bothering him or her. Answers should be given in a formal and explanatory tone that suggest that the presenter knows what he is talking about.
Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
Answer:
6.0%
Explanation:
Given that :
Marginal income tax rate = 32%
Interest rate before taxes = 8.8%
Annual after-tax rate of return if bond matures in 10 years will be the same as the annual after tax rate of return since the annual rate is constant.
Hence,
Annual after tax rate of return = Interest rate × (1 - tax rate)
Annual after tax rate = 8.8% × (1 - 32%)
Annual after tax rate = 0.088 × (1 - 0.32)
Annual after tax rate = 0.088 × 0.68
Annual after tax rate = 0.05984
= 0.05984 × 100%
= 5.984% = 6.0%
