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Charra [1.4K]
3 years ago
12

The automobile company announced that the average price of next year's models would decrease four-tenths of one percent, amounti

ng to about $72, as compared with comparably equipped cars and trucks this year.
Business
1 answer:
BlackZzzverrR [31]3 years ago
6 0

Answer:

Option A is wrong because it compares the average price to both cars and trucks. This makes this option wrong.

Option B is the preferred option because of the use of "that" which means the average price, making the comparison to be appropriate.

Option C uses "below", making the sentence redundant and hence its eliminated.

Option D is wrong because it compares models to the company itself.

Option E  also compares and/or contrasts cars and trucks with the company itself, hence this option is also wrong.

Explanation:

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The type of audience analysis that Kay is concerned with is known as situational analysis.

<h3>What is an audience analysis?</h3>

An audience analysis refers to a process of identifying the class of audience and choosing a type of speech that best fit their interests, understanding, attitudes etc

An audience analysis is important because its improves the speaker's effectiveness since presentation are delivered in an best manner.

In this question, the type of audience analysis that Kay is concerned with is known as situational analysis.

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3 0
2 years ago
Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to
dsp73

Answer and Explanation:

The formula to compute the price elasticity of demand is as follows:

= Percentage change in quantity demanded ÷ percentage change in price

At Price P0, the Quantity demanded is Q0

And,

At Price P1, the Quantity Demanded is Q1

Just like this, it could be computed

\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2} divided by \frac{P_1 - P_0}{(P_1 + P_0)/2}

4 0
3 years ago
Assume that Jane’s marginal propensity to consume equals 0.8, and that in 2004 Jane spent $36,000 from her disposable income of
Hoochie [10]

Answer:

First we need to find the increase in her disposable income by subtracting the old disposable income from the new disposable income.

Old Disposable income= 40,000

New disposable income = 50,000

Change in disposable income = 50,000-40,000= 10,000

Although her mpc is 0.8 we need to find out what proportion of her disposable income does she spend on consumption.

So her disposable income was 40,000 and consumption was 36,000

36,000/40,000= 0.9

This means that Jane spends 90% of her dispoasble income on consumption, so if her disposable income increase by 10,000 her increase in consumption was

0.9*10,000= 9,000

Increase in consumption = $9,000

Explanation:

3 0
3 years ago
Trying to solve every problem on your own shows that you are responsible true or false
Tanzania [10]

Answer:

True

Explanation:

What kind of question is this?

4 0
2 years ago
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What happens when a price floor is imposed above the equilibrium price of a good?
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