<span>An elasticity of 2 means that a 1% increase in price will cause a 2% decrease in demand.
Change in price in % = (20 - 16) / 20 * 100 = 4/20 * 100 = 20%. So there's a 20% decrease in price (from $20 to $16)
A 20% decrease in price will result in a 40% increase in demand since elasticity equals 2.
So 40/ 100 * 190, 000 = 76, 000
Hence since there's an increase in demand the people will make 190, 000 + 76, 000 = 266, 000</span>
The statement is true. The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.
Future cash flows are reduced by the discount rate, so the higher the cut price fee the lower the existing fee of the destiny coins flows. A lower discount rate leads to a higher present value. As this implies, whilst the discount price is better, cash in the future will be worth less than it's far nowadays.
Preserving other factors steady, as the interest price will increase, the present cost of an quantity to be received at the end of a fixed duration decreases. This means at a higher hobby price the present value of a future cash float falls. Decrease the prevailing price is. inversely related. growing the discount price decreases the present price and vise versa. Future value of that investment.
The prevailing value of a destiny lump sum decreases as the discount fee used decreases, All else held constant. the present cost and discount rate are inversely associated. If the destiny cost and the range of periods are held steady the prevailing price will lower as the cut price rate increases.
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Answer:
Constant of proportionality in pages per hour = 14 pages in 1 hour
Explanation:
Given:
Hour 2 Number of pages 28
Hour 3 Number of pages 42
Find:
Constant of proportionality in pages per hour
Computation:
Number of pages read in first week = 28 / 2
Number of pages read in first week = 14
Number of pages read in second week = 42 / 3
Number of pages read in second week = 14
Constant of proportionality in pages per hour = [Number of pages read in first week + Number of pages read in second week] / 2
Constant of proportionality in pages per hour = [14 + 14] / 2
Constant of proportionality in pages per hour = 14 pages in 1 hour
A crash is a major decrease in stock prices.
A bear market is a general downward trend in stock prices.
A bull market is a general upward trend in stock prices.
Because you would want to enjoy what you wanna be if u didn’t then you maybe wouldn’t do it corrected because your not enjoying it. Hope this helps!
