Question:
If an utility company were considering an increase in electricity or gas prices in order to cover the costs of a capital investment, this sector would result in the smallest change in quantity demanded in the long run and thus higher profits. True or false?
Answer:
The answer is True.
Explanation:
Change in the demand for gasoline and or electricity is primarily set by the number of industrial or bulk users.
Scarce goods are allocated though the help of prices. It is important to note that demand for gasoline or electricity is <u>more elastic in the long term</u>, so small changes in price will alter supply and demand in either direction in the shortrun.
The demand for gas or electricity are by nature <em><u>inelastic.</u></em> This means that when prices go up, demand goes down <em><u>but not by much.</u></em>
It means that in the short term, the individuals cannot alter their lifestyle immediately to adjust for the hike in prices.
To adjust they would have to probably purchase new devices which or cars which consume less gas or electricity.
The effect this has for the company on the overall is that they are able to achieve their aim of recouping their capital investments from the planned increase in price.
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An SQL statement for the HAPPY INSURANCE database that adds the column ClientPhone to the table CLIENT is:
ALTER TABLE dbo.CLIENT
ADD ClientPhone
<h3>What is SQL?</h3>
This refers to the use of databases to perform computations such as UPDATE, ADD, ALTER TABLE, etc.
Hence, the use of Structured Query Language would help to add to a database and this would be done using the ALTER TABLES function as shown above.
Read more about SQL here:
brainly.com/question/25694408
#SPJ1
Answer:
<u>A and B are correct</u>
Explanation :
- The TVM concept is based on the value of money which is today may change with time as a rise or fall in prices thus this explains why the interest rates are paid and calculated on the basis of the present values that may change such as future sum of money of cash flows, can get discontinued at the discounted rates.
- Future values can be ascertained based on the present value of the product/assert. Thus the interest rates and inflation rates change as the risks and the consumer's needs will always be present and have existed earlier.
- It's calculated by the present value and future value of money multiplied by the interest rate and the total number of years. I.e
- FV = PV x [ 1 + (i / n) ] (n x t)
Answer:
9,315
Explanation:
The 83(b) election of the IRC which allows the employe of restricted stock to pay taxes on the fair market value at the time were granted.
It applies when the stocks are subject to vesting
The 83(b) election becomes useful when the employee has confidence that market value will increase and thus, saving taxes in the future.
If the market price decrease over the years or the company files for bankrupcy, the taxpersons will have pay income taxes for a worthless amount.
Also, if he leaves the company before esting the shares, it would had pay taxes for shares it won't receive.
So, resuming: under election 83(b) we use granted time value
1,035 x 9 = 9,315
