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bija089 [108]
4 years ago
10

The formula for the cross-price elasticity of demand is percentage change in rev: Multiple Choice quantity demanded of B/percent

age change in price of B. quantity demanded of B/percentage change in income. quantity demanded of B/percentage change in price of A. price of B/percentage change in quantity demanded of A.
Business
1 answer:
seropon [69]4 years ago
3 0

Answer:

Quantity demanded of B/percentage change in price of A.

Explanation:

Cross price elasticity of demand is calculated as follows:

= Percentage change in quantity demanded for Good B ÷ Percentage change in price of good A

Cross price elasticity of demand is positive for the substitute goods and negative for the complimentary goods.

For Substitute goods:

It states that there is a positive relationship between the price of a good and the quantity demanded for its substitute goods.

For complimentary goods:

It states that there is an inverse or negative relationship between the price of a good and the quantity demanded for its complimentary goods.

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An ordinary annuity selling at $14,130.15 today promises to make equal payments at the end of each year for the next twelve year
lutik1710 [3]

Answer:

PMT = $1875.00

Explanation:

The annuity refers to a series of fixed payments made after an equal interval of time and for a definite time period. The formula for the present value of annuity is,

<u />

<u>For ordinary annuity</u>

PV of annuity = PMT * [(1 - (1+IN)^-n) / IN]

Plugging in the values for the available variables. We calculate the PMT to be,

14130.15 = PMT * [(1 - (1+0.08)^-12) / 0.08]

14130.15 = PMT * 7.536078017

14130.15 / 7.536078017   =   PMT

PMT = $1875.000493 rounded off to $1875.00

5 0
3 years ago
The Master Manufacturing Company has just announced a tender offer for its own common stock. Master is offering to buy up to 100
siniylev [52]

Answer:

$0

Explanation:

Since the offer to repurchase the stock's is contingent (or depends on) the fact that 64% of all outstanding stocks are tendered, there is absolutely no assurance that the threshold (64%) will be met. So there is no assurance that the stockholder is going to be paid (there is no guaranteed payment at all) if he/she decides to tender the stocks.

4 0
4 years ago
No matter what you do professionally, you should create and follow a ____. A. Resume
seraphim [82]
The answer is B. career plan
5 0
3 years ago
What has the greatest potential to demotivate you and lead you to unproductive activities
Vesna [10]

Answer:

loved one putting you down

5 0
3 years ago
Read 2 more answers
Most developing countries do not have access to the technology available in developed nations, but these developing nations need
swat32

Answer: c. resource-transfer effects

Explanation:

Foreign Direct Investment refers to when a company from a foreign country actually owns a business in the local country or at least controls a significant portion of it.

If the foreign country is a Developed nation and the local country is a Developing nation, the foreign company would bring with it resources to build their local investment and make it more competitive.

Resources such as capital and technology would be brought in that can then be used by the Developing country to its own benefit.

6 0
3 years ago
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