Answer:
C. <u>shortage</u>; <u>elastic</u>; <u>the same number of</u>
Explanation:
The law of demand states an inverse relationship between quantity demanded of a good and it's price.
Price elasticity of demand refers to the degree of responsiveness of quantity demanded to a change in price. When quantity demanded changes less relatively to change in price, it is termed as inelastic demand while when the change in quantity demanded is lot more than the change in price, it is termed as elastic demand.
In the given case, after the upper limit price has been capped and fixed, this would create a rush and tickets for the sports events would be sold off since the quantity demanded would rise.
This would result into a shortage since demand shall exceed supply and since the price cannot be raised above $50.
The more elastic the demand, more shortage of tickets it would result into and the same number of people will attend the events i.e the seating capacity is not increased.
The interdependency of transportation, distribution, communication, and economic networks across international borders globalization.
<h3>What is communication?</h3>
Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
Globalization is a procedure by which the planet is becoming more interlinked as a consequence of drastically expanded trade and cultural interchange taking place through communication, transportation, and so on.
Learn more about communication, here:
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Answer:
Worth of both the property will be same.
Explanation:
Data provided in the question:
Cap rate for the Property A which is a self storage capacity = 6%
Cap rate for the Property B which is an office building = 6%
NOI of both the buildings are equal
Now,
Mathematically,
Cap rate is given as = [ NOI ] ÷ [ Worth of the property ]
or
Worth of the property = [ NOI ] ÷ [ Cap rate ]
Since, the NOI and cap rate for both the buildings are same
Therefore,
Worth of both the property will be same.
Answer:
B. 105 days of accrued interest
Explanation:
The purchase on Thursday, October 12th will settle on Monday, October 16th - 2 business days after trade date.
Accrued interest on corporate bonds is based on a 30days per month/360 day year.
And interest starts accruing from the day of the last interest payment, up to, but not including, settlement.
See below for day calculation
July 30 days
August 30 days
September 30 days
October 15 days (up to but excluding settlement)
Total 105 days
