Answer:
Inelastic; elastic
Explanation:
Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.
Explanation:
Evie is more likely to be involved in e-marketing career pathway
Answer:
The number of labor employed by the plant is 160
Explanation:
The computation of the labor employed at the plant is shown below:
= Yearly production ÷ (labor hours per month × productivity × month per year)
= 57,600 ÷ (200 hours × 0.15 × 12)
= 57,600 ÷ 360
= 160
Hence, the number of labor employed by the plant is 160 and the same is to be considered
We simply applied the above formula
Answer:
$614,457
Explanation:
The present value of the annual cash inflow of $100,000 for ten years can be found by the following formula:
Present Value = Annual Cash Inflow * Annuity Factor (Step 1)
Here
annuity Factor at 10% for 10 years time is
By putting values we have:
Present Value = $100,000 × 6.14457 = $614,457
Step 1 : Annuity Factor
Annuity Factor = (1 - (1 + r)^-n) / r
Here r is 10% and n is 10 years.
So by putting values, we have:
Annuity Factor = (1 - (1 + 10%)^-10) / 10% = 6.14457
1) D
2) C
3) B
4) A
I think this is right if not sorry :)
