Answer:
The correct answer is option D.
Explanation:
The demand elasticity is -1.4.
The supply elasticity is 1.2.
Since the demand is elastic, the imposition of tax will not be profitable for the government.
The imposition of tax will increase the price of the good, this will decrease the demand for good, thus the revenue will decrease.
The tax incidence on consumers
= E (supply) / (E (demand)) + E (supply)
=
=
= -6
The answer is :Globalization
Globalization refers to the situation when we able to integrate all of the resources and communication among all people in the world, not limited to country's border.
Globalization could only occurs after advanced technological development that allow people from other countries to make contact with one another in a fast and efficient way.
There are different types of pricing strategies: penetration pricing (entering the market with a low price), economy pricing (low marketing and low prices), premium pricing (when the price is higher than the competitors), psychological pricing (example $99, instead of $100), demand-based pricing (based on the demand of the customers).
<span>Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00
a.m. than during the day, when there is heavy business travel. this illustrates demand-based pricing.</span>
Hi!
I think you've got the correct answer right there! (A conspicious writing).
Answer:
Amount after 15 years = 183255.011
Explanation:
Below is the calculation to find the amount after 15 years:
Annuity amount or early deposited amount = $5200
Time period = 15 years
Interest rate = 11.3 %
Now we have to find the amount after 15 years:
Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]
Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]
Amount after 15 years = 183255.011