Answer:
Price elasticity of demand = 1.76
Explanation:
<em>Price elasticity of demand (PED) is the degree of responsiveness of demand to a change in price. </em>
<em>Where a percentage change in price produces a more than a proportional change in quantity, we say the product is price elastic. On the other hand, where a change in price produces a less than a proportional change in quantity demand, then demand is price inelastic
</em>
PED is computed as follows:
PED = % change in quantity /% change in Price
% change in demand = (56- 67)/67 × 100 = 28.93081761
% change in price =16.41791045
PED = 28.93/16.4179 = 1.762
Price elasticity of demand = 1.76
Answer:
false
there is no ownership atribution between siblings, cousins, or a mother-in-law and son-in-law
Answer:
Vertical integration
Explanation:
Delux was recently approached by Imagination Station, a large computer manufacturer, about purchasing their company. Imagination Station is engaging in Vertical integration because one company is planning to acquire another company in similar business backward or forward stages of process of the end use product
The annual percentage yield (APY) that Gerd will get is:
6.2%
The exact rate of return that an investor receives from an investment after compounding the values on a monthly basis is known as the annual percentage yield.
The nominal interest rate, the number of times the value is compounded annually, and the base of the logarithm are all taken into account by the formula used to calculate the annual percentage return.
After compounding Gerd's interest on a monthly basis, with this formula:
APY= (1 + r/n )n – 1,
The Annual percentage yield gotten is 6.2.
Learn more about annual percentage yield here:
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The answer to the blank space in the statement is business analyst. A business analyst is <u>a job position where the individual who occupies it is responsible to analyze an organization and documents all its businesses, processes, and systems. </u>
It differs from a system analyst, in which the latter is also responsible for doing these tasks for technological solutions that are operated in the company.