Answer:
I would use survey research to determine the general opinion, positive or negative, on the feature from the general public.
Explanation:
When conducting any survey research, it is important to sample a wide variety of people. In this case, you would want to survey the general population, not just former Mercedes customers.
I would design a focus group survey with a series of questions where participants can choose from a range, 0-5, on how much they agree with a certain statement.
At the beginning of the survey, participants would read a brief paragraph explaining the features on the new car before continuing to the part where they record their responses.
Once the survey is conducted, the data can be analyzed. If the majority, say 70%, of all people surveyed agree strongly that a self driving car is a good idea and that the world is ready then you can assume that the general population is in fact ready.
Based on the information given the real rate of interest is:2%.
<h3>Real rate of interest</h3>
Using this formula
Real rate of interest=Nominal interest rate-Inflation rate-
Where:
Inflation rate=5%
Nominal interest rate=7%
Let plug in the formula
Real rate of interest=7%-5%
Real rate of interest=2%
Inconclusion the real rate of interest is:2%.
Learn more about real rate of interest here:brainly.com/question/25877453
Answer:
i think the answer is Creativity
Answer:
1. The demand for lemonade is elastic since, the rise in price of lemonade led to the fall in the quantity demanded of the lemonade.
2. price elasticity of demand is given by = (dQ/dP)*(P/Q)
dQ= change in quantity demanded = Q/2
dP= 1.25-1 = 0.25
putting in the equation for price elasticity,
Price elasticity of demand = [(Q/2)/ 0.25]* [1/Q]
= 1/0.5 = 2
Thus, the price elasticity of demand for lemonade is 2, which is elastic.
3. The increase in price is shown by the movement along the demand curve below:
4. Since the lemons and lemonade are complements, an increase in cost of lemons would increase the cost of lemonade and thus, increasing the price of lemonade and reducing its supply. it would lead to a backward shift in the supply curve of lemonade.
