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3 years ago

PLEASE ANSWER IM FAILING!

Business

2 answers:

uranmaximum [27]3 years ago

8 0

It’s Levi because it’s clearly written that Levi is a beginner. Hope that works!

11111nata11111 [884]3 years ago

5 0

It is Levi hopes this helps

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The work of your group would be better done in teams if the members of the team are? ________.

marshall27 [118]

Interdependent fits here group members can work well alone, but also come together

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3 years ago

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The price of good X increases from $55 to $60, and quantity demanded decreases from 500 to 400. The price of good Y increases fr

nikklg [1K]

Answer:

demand curve for Good X is more elastic than the demand curve for Good Y

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

For good X,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 400 - 1 = 0.25 = 25%

Elasticity of demand = 25% / 8.33% = 3

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

For good Y,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 475 - 1 = 0.0526 = 5.26%

Elasticity of demand = 5.26% / 8.33% = 0.63

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

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3 years ago

Which of the following real estate investments involves purchasing real estate and selling it for profit within a short period o

coldgirl [10]

Answer:

Explanation:

when you flip you buy at a low price, fix it up then sell at a higher price for profit. usually in less than 6 months

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3 years ago

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The chapter argues that investment depends negatively on the interest rate because an increase in the cost of borrowing discoura

WARRIOR [948]

Answer: Yes they will.

Explanation:

With high interest rates, the company will be able to make better returns if they invested the money and took advantage of those interest rates instead of spending the money on their project.

Assets like bonds will be better to go into because they will offer a return based on the higher interest rates which will bring in good returns.

The company is free to use those funds to invest in projects if these projects will lead to a better return than could be gotten from holding bonds but if that is not the case, they should simply buy bonds and hold them for superior returns.

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3 years ago

Which of the following is correct? Group of answer choices Risk-averse people will not hold stock. Diversification cannot reduce

pshichka [43]

Answer: The larger the percentage of stock in a portfolio, the greater the risk, but the greater the average return.

Explanation:

Stock in general is more risky than most financial instruments but this risk is accompanied with greater returns. This is why it is generally advisable to diversify stock in a portfolio.

As already mentioned, stock is risky but rewarding. It therefore follows that the more stock is in a portfolio, the risker the portfolio but the greater the average return.

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3 years ago