Answer:
The price elasticity of demand is 1.14.
The price is Elastic.
Elasticity is more than one so total revenue will fall.
Explanation:
Given the initial price of good x = $12
Final price of good x = $12.90
% change in price = [(12.90 - 12) / 12] x 100 = 7.5 %
Initial quantity = 5000
Final quantity = 4600
% change in quantity = [(4600 - 5000)/5000] x 100 = -8%
Elasticity = % change in quantity / % change in price
Elasticity = 8% / 7%
Elasticity = 1.14
The price elasticity of demand is 1.14.
The price is Elastic.
Since elasticity is more than one so total revenue will fall.
Microsoft<span> was </span>considered a monopoly in the late 90's because <span>there was effectively no other option than to use Windows, so Windows </span><span>had </span>monopoly market power, especially in the <span>"Business Operating System" market.</span>
<span>Microsoft could set prices for users, and dictate user's behavior.
</span>
Fees- Everything has a cost. Especially institutions, that are public.
Minimum Balance needed in an account-
If you are considering to buy anything, be sure to know your average amount of dollars you have, to know how much money you can spend. Be sure to have some left over.
Interest rates- The percentage you are being charged for. Be sure to have money left over for it.
Services- Pick the best services.
Answer:
Bonds
property
speculative bonds
starting a business
Explanation:
Bonds are low-risk investments. They are issued by governments or highly reputable corporations. The returns from bond investments are almost guaranteed.
Property refers to investing in land or building. They are low-risk investments. Land is always appreciating in value. The possibility of incurring losses is low.
Speculative bonds will experience price fluctuations during a trading session. They offer a chance to make high returns. They are risky due to the high chances of incurring losses.
Starting a business is the riskiest. Almost 82% of all start-ups will fail in their first year.
Answer:
Explanation:
41,900
June 01 Balance b/d 16,300
