Answer:
Total Revenue of Cocaine will increase.
Explanation:
Elasticity of demand is demand responsiveness to price change.
Price & Total Revenue have relationships as per Elasticity of Demand :
- Elastic Demand >1 : Change in quantity demanded > change in price ; Price & Total Revenue negatively related.
- Inelastic Demand < 1 : Change in quantity demanded < price change ; Price & Total Revenue positively related
Given : Demand for crack cocaine is inelastic. If government increases penalties on cocaine supply, number of dealers decrease.
Then , the supply of cocaine will fall. Supply Shortage will increase the price. However - because demand is inelastic , total revenue will increase as a result of price rise.
Ivan's marginal benefit if he decides to stay open for six hours instead of five hours is $20. The marginal benefit can be solved by subtracting the total revenue of the equivalent hours.
$550 (6 hours) - $530 (5 hours) = $20
Answer:
The rate at which to discount the payments to find sum borrowed is 12.68%
Explanation:
The discount rate to be used in computing the sum borrowed can e derived from the effective annual rate formula below:
Effective annual rate = (1 + Quoted interest rate/m)^m - 1
quoted interest rate is 8.40
m is the number of months in a year when compounding is done which is 12
effective annual rate=(1+8.40%/12)^12-1
effective annual rate=(1+0.01)^12-1
effective annual rate=(1.01)^12-1
effective annual rate=1.12682503
-1
effective annual rate=0.12682503=12.68%
Answer:
Both b. and c.
That is
b. i’m sorry, but the transfer disclosure statement covers all material facts that must be disclosed, and a person having aids is not a material fact, whether or not it would be applicable in this situation.
c. i’m sorry, but i am not permitted to answer this question, as it could be a potential civil rights violation, under the federal and state fair housing laws.
Explanation:
In the given instance the buyer if the property is asking if the previous tenant had AIDS and wants to use this information in the purchasing process. This is illegal and could result in legal action due to civil rights violation. Discrimination is not allowed in deciding to do business with another party, and the buyer is trying to discriminate on the grounds that the previous owner had AIDS.
Also in disclosing relevant information, wether the previous owner had AIDS is irrelevant to the sale of the house as it does not affect the quality of the house.
Answer:
Depreciation
non-cash charges
interest on loan
taxes
Explanation:
This is according standard proforma for preparing cash flow statement,interest and taxes are later brought back into the computation for instance interest relates to financing activities while actual tax paid is deducted before arriving at cash generated from operations
