Answer: unitary price elastic
Explanation:
A good is unitary price elastic if a change in price leads to the same proportional change in quantity demanded.
The coefficient of a good with unitary elasticity is 1 .
Coefficient of elasticity = percentage change in quantity demanded / percentage change in price
= 5% / 5% = 1
I hope my answer helps you
Answer:
Balance Sheet B because the excess reserves are adequate to cover the deposit outflow without the bank needing to alter its balance sheet.
Explanation:
Balance Sheet B because the excess reserves are adequate to cover the deposit outflow without the bank needing to alter its balance sheet and $50 million deposit outflow means that reserves reduced by $50 million to $25 million. Since required reserves are $45 million (10% of the $450 million of deposits), which means the bank needs to acquire $20 million of reserves and the reserve can be obtain by either calling in or selling off $20 million of loans, borrowing $20 million in discount loans from the Fed, borrowing $20 million from other banks or corporations, selling $20 million of securities, or the combination of all.
Answer:
$27,175
Explanation:
Year 1
Sales $62,500
Depreciation $8,000
Operating Cost $25,000
Total Expense <u>($33,000)</u>
Income Before tax $29,500
Tax 35% <u>($10,325)</u>
Net Income <u>$19,175</u>
Interest Expense is not relevant to the project, It is a financing decision which will not be part of project calculation.
As the Net income includes the deduction of non cash item of depreciation. so, it will be added back to calculate the cash flow.
Cash Flow in year 1 = Net Income + Depreciation = $19,175 + $8,000 = $27,175
A. It is decreased by 50,000 (I'm 50% sure)
6% of 50,000 is 3,000
The answer is "Without the innovation, no company can survive over the long run". Trends and consumer's demand of product always change through the changes in eras and times. A company must face and equalize this changes by providing an innovation in its product. Therefore, with this condition only, a company could survive over the long run.