Answer:
Option (B) is correct.
Explanation:
Given that,
Percentage increase in price = 5%
Percentage decrease in quantity demanded = 15%
Therefore,
= 3.0
Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0
Answer: A - peak
Explanation:
Just took the test the other answer is wrong!!!
The correct answer that would best complete the given statement above would be the second option. Funds are Scarce, so VOLUNTEERS <span>are needed to re-build homes destroyed by the flood. Volunteers include those people who are willing to help and give support without asking in return or be paid, given that the funds are already scarce. Hope this helps.</span>
Answer:
71,000 liters
Explanation:
The computation of the liters was started and completed during the period is calculated below:
= Number of liters completed - liters at the beginning work in process
= 74,000 liters - 3,000 liters
= 71,000 liters
In order to determine the liters completed and started, the liters at the beginning work in process is deducted from the Number of liters completed
Note: This is the answer but the same is not given in the options
Answer:
I would choose equity financing.
Explanation:
The reason is that in the first stages of a business, it is hard to obtain debt financing, even if the company is growing, because financial institutions assess risk, but also corporate perfomance in terms of liquidity, profitability, and efficiency, and these assessments may not be good enough in a young company for a financial institution to approve the loan.
For this reason, equity financing becomes a better alternative, even if some control of the company has to be given away. In order to reduce such control loss, a mix of common stock and preferred stock could be issued, with preferred stock holders having more entitlements to dividends, but no entitlements to corporate control.
