Answer:
D. Attitude.
Explanation:
In psychology, an attitude alludes to a lot of feelings, convictions, and practices toward a specific item, individual, thing, or occasion. Attitudes are frequently the aftereffect of experience or upbringing, and they can have a ground-breaking impact over conduct.
Answer:
$20
Explanation:
The price of food per unit can be calculated as follows
50×25
= 1250
25×10
= 250
1250/250
= 5
Hence the price per unit of food is
= 25-5
= $20
Therefore the price of food per unit is $20
Answer:
<h2>Among the answer options given in the question,athletic shoes are likely to have the most price inelastic demand.Hence,the correct answer is option A. or Athletic shoes(broadly defined).</h2>
Explanation:
In Microeconomics,price elasticity of demand basically measures the general responsiveness of the consumer to any change in the price of any particular product or service.Now,one of the criteria that determines or influences the price elasticity of demand for any product or services is the availability of substitutes.The more the number of substitutes a product has,higher will be the price elasticity of demand for that particular product.In this context,availability of substitutes depends on the categorization of description of the concerned product.For example,the more general the product category,higher will be the availability of substitute for that product and hence,higher will be its price elasticity.In this case,when we consider any general athletic shoes,there are usually less substitute products available in both domestic and international market that sell various kinds and types of athletic shoes.Therefore,the consumers have a considerably lower range of similar product categories to choose from and hence,in we consider athletic shoes in general or as a broad product category,the consumers will be relative price insensitive or price inelastic in economic language due to lower availability of consumption choices or substitutes.Now,running shoes or Nike athletic or general shoes all indicate product or brand specificity and the more specific a product becomes in terms of its category or type or the brand selling the product,higher will be the consumption choices or options or substitutes available to the customers leading to increasingly higher price elasticity of demand for those respective products.Here running shoes represent a specific or particular category within the broader shoe industry and Nike signifies a particular global shoe brand or company.Therefore,based product/brand specificity and the available of substitutes,athletic shoes in general would exhibit the most price inelastic demand in this instance.
Answer:
C. $125,550
Explanation:
Given that
At beginning = 7200unit at $12 each
During = 3000unit at $13
= 12000 unit at $13.50
Sold = 12900 unit.
Therefore, USING FIFO
Unit sold
= (7200 × 12) + (3000 × 13) + (2700 × 13.50)
= 86400 + 39000 + 36450
= $161850.
Thus, inventory remaining
= (12000 - 2700) × 13.50
= 9300 × 13.50
= $ 125,550
Ending inventory = $125,550
Answer:
<em>Rodney Cashman's fund is worth $ 465,862.95 after investing for the past 18 years.</em>
Explanation:
Given: Number of periods - 18 years * 4 quarters = 72
Periodic payment - $2,000
Interest Rate - 11.5%
Formula: FV of Annuity= p [(1+ r/m)n-1/ (r/m)]
Where:
P - Periodic Payment
r - interest rate
n - number of periods
m - compounding period
FV of Annuity =$ 465,862.95
