Answer:
Business Analytics
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this is an example of Business Analytics. This term refers to the process of investigating past business performance and statistics in order to gain insight and increase sales by creating a new business plan. Which is what Finn is doing by reviewing the previous years sales data.
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Asian Americans are the most affluent and brand conscious demographic segment in the U.S. The older portion of the Asian American segment have more disposable income and are also likely to very brand conscious. As an overall group, they are inclined to using this disposable income towards purchasing entertainment goods and services, as well as goods and services associated with health care, travel and financial industry.
Answer:
B. the percentage change in the quantity demanded divided by the percentage change in price.
Explanation:
The formula to compute the price elasticity of demand is shown below:
= (Percentage change in quantity demanded ÷ Percentage change in price)
where,
The Percentage change in quantity demanded equals to
= (New quantity - old quantity) ÷ ((New quantity + old quantity)
And, the Percentage change in price equals to
= (New price - old price) ÷ ((New price + old price)
a. Incentive to work increase
b. This change increase efficiency but decrease equality
Explanation:
a. Reduction of welfare benefits period increasing employment opportunities. Job prospects are diminished now (profit).
b. This bill reform would reduce the distortion created by the benefit program (disincentive to work) and thus improve efficiency.
At the same time, though, the move will reduce the Program's effect on poverty reduction and indirectly on social inequality.
The reform can therefore represent a balance between productivity and equity.
Compounding interest is interest on top of interest.
For example, say you put 100 bucks in the bank.
You get 10% interest compounded daily on that 100 bucks.
That means that you get 10% interest not only on those 100 bucks, but all the money you make after.
So your interest would go from 10% on 100 bucks, to 10% on 110 bucks and so forth.
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