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3 years ago

The supply of product x is elastic if the price of x rises by

1 answer:

8 0

The answer to this question is <span>5% and the quantity supplied rises by 7%.
A product is considered as elastic if the change in prices will also affect the changes in total supply.
Usually, this type of products are not considered unique or rare and there are a lot of substitute for this product in the market</span>

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You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of

NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962 invested for 11 years at 4.9% p.a

FV = ? P=37,599.81, n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0

3 years ago

A network good is a good that people benefit ______ from as ______ people use it.

melamori03 [73]

A network good is a good that people benefit more from as more people use it.

‍BALTIMORE, MD (January 5, 2022) – Camden Partners today is a Strategic Fund V Portfolio Company, a Certified B Corporation, and a leading provider of cloud-based fundraising software for nonprofits. Network for Good announced that it has entered into an agreement to acquire. Founded by Social Good Software Platform backed by Apax.

Network Good is a licensed US software company owned by B Corporation that provides fundraising software and coaching to charities and nonprofits. The company he founded in 2001 by America Online, Cisco Systems, and Yahoo! Since its inception, it has processed over $2.2 billion in donations.

Learn more about networking good at

brainly.com/question/1027666

#SPJ4

5 0

2 years ago

A company's ______ can be described as the set of values, ideas, and attributes that is learned and shared among its members

igomit [66]

Culture

I hope this helps (:

3 0

2 years ago

Explain how scarcity relates to the decision you made as the president of the United States.

lions [1.4K]

Because scarcity increases negative emotions, it ends up affecting one's decisions. Socioeconomic scarcity can be caused by depression or anxiety. A president would be making decisions based on the negativity. But in the U.S.A the government deals with scarcity by implementing quotas on how much people can buy.

Hope this helps,

ROR

3 0

2 years ago

An example of a noncooperative game is________.

irina [24]

Answer:

c. price competition among agribusiness firms

Explanation:

A non cooperative game is a game where the players (individuals) in a game do not cooperate; the engage in competition in the hopes of earning the highest payoffs.

When firms in an agribusiness engage in price competition, they are not in cooperation and they are hoping to earn the highest revenue.

An example of a non cooperative game is the prisoners dilemna where confessing (Not cooperating) is the best strategy.

5 0

3 years ago