Answer:
20%
Explanation:
if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%
The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.
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Answer:
the low opportunity cost producer.
Explanation:
A person or nation has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries or people.
For example, let's assume country x produces either 10 Apples or 5 oranges in 1 hour while country y produces either 20 Apples or 2 oranges in one hour. The opportunity cost for country x of producing apples and oranges are 0.5 and 2 respectively. While for country y, the oopportunity cost of producing apples and oranges are 0.1 and 10 respectively.
Country y has an opportunity cost and comparative advantage in the production of Apples while country x has a comparative advantage in production of oranges.
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Answer:
The correct answer is E
Explanation:
ROE termed as or stand as Return on Equity, which is described as the profitability ratio that evaluates the firm ability for generating the profits from its shareholders investment in the company or firm.
The formula to represent ROE is value of Net Income attributable to the equity shareholders.
ROE = Net Income agter Taxes / Shareholders Equity
And there is one more formula which is a disaggregation of ROE into the non- operating as well as operating components, which is as:
ROE = [ROE +(FLEV × Spread)] x NCI
Therefore, option A and C are correct.