A tax imposed on apples will be paid largely by THE SELLERS OF THE APPLES. The demand for apples being elastic means that small changes in price will cause large changes in quantity consumed. The supply for apples being inelastic means that the quantity supplied of apples is unaffected when the price of apple changes. This means that because of the imposed tax, the price of the apple will probably increase but since an increase in price will reduced the quantity bought, the sellers has to maintain the original price of the apples. In this case, the sellers of the apple will bear the larger parts of the imposed tax
Answer:
$2,118.64 and 4.24%
Explanation:
The computation is shown below:
Data given in the question
Earning in 2015 = $50,000
CPI in 2015 = 236
CPI in 2016 = 246
So, the earning in 2016 is
= Earning in 2015 × CPI 2016 ÷ CPI 2015
= $50,000 × 246 ÷ 236
= $52,118.64
So, the raise amount is
= $52,118.64 - $50,000
= $2,118.64
And, the percentage is
= $2,118.64 ÷ $50,000 × 100
= 4.24%
Answer:
non-equity alliance.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Mission.
II. Value.
III. Vision.
Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.
A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.
For a given period of time, as the discount rate increases, the present value factor decreases.
<h3>What is discounted present value?</h3><h3>Discount Rate for Finding Present Value</h3>
The discount rate is the investment rate of return that is applied to the present value calculation.
In other words, the discount rate would be the forgone rate of return if an investor chose to accept an amount in the future versus the same amount today.
<h3>Why present value is important?</h3>
Present value is important because it allows investors to compare values over time.
PV can help investors assess future financial benefits of current assets or liabilities.
Used in areas like financial modeling, stock valuation, and bond pricing, based on its future returns, investors can calculate present value.
Learn more about present value here:
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A master plan is devised for long-range goals
