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erica [24]
4 years ago
14

The demand for bus rides is a downward-sloping straight line demand curve. The price elasticity of demand for bus rides ________

.(A) decreases as the price of a bus ride(B) rises is the same no matter what the price of a bus ride(C) increases as the price of a bus ride falls(D) decreases as the price of a bus ride falls
Business
1 answer:
MrMuchimi4 years ago
4 0

<u>Answer:</u>

<em>The price elasticity of demand for bus rides decreases as the price of a bus ride falls  (D)</em>

<em></em>

<u>Explanation:</u>

Price elasticity of interest is a financial proportion of the adjustment in the amount requested or obtained of an item in connection to its value change. When the amount required of an object displays a considerable difference because of changes in its value, it is named versatile; that is, the amount extended a long way from its earlier point. On the off chance that the amount obtained has a little change because of its value, it is named inelastic; or the amount did not extend much from its earlier point.  

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Setrakian Industries needs to raise $71.8 million to fund a new project. The company will sell bonds that have a coupon rate of
Harlamova29_29 [7]

Answer:

39,183  bonds

Explanation:

In order to determine the number of bonds that must be sold to realize cash of $71.8 million,the price per bond needs to be established using pv formula in excel as found below:

=-pv(rate,nper,pmt,fv)

rate is yield to maturity of  6.46% divided by 2

nper is the number of coupon payments which is 25 years multiplied by 2 i.e 50

pmt is the amount of semiannual coupon  i.e $2000*5.78%*6/12=$57.8

fv is the face value of $2000 per bond

=-pv(6.46%/2,50,57.8,2000)=$ 1,832.43  

number of bonds to be issued=$71,800,000/$ 1,832.43  = 39,183  bonds

5 0
4 years ago
At the beginning of December, ABC Company had $1,500 in supplies on hand. During the month, supplies purchased amounted to $2,90
natta225 [31]

Answer and Explanation:

The adjusting entry is as follows:

Supplies expense Dr $2,200

      To Supplies $2,200

(being the supplies expense is recorded)

Here the supplies expense is debited as it increased the expenses and credited the supplies as it decreased the assets

The computation is

= Opening supplies + purchased - closing supplies

= $1,500 + $2,900 - $2,200

= $2,200

4 0
3 years ago
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Korvikt [17]

Answer:

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Explanation:

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7 0
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Olegator [25]

Answer:

a.) Require all project resources to work overtime

Explanation:

If a project manager requires all project resources to work overtime, he or she is not reducing overload among project resources, but actually increasing it, with the potential negative implications that his action may entail.

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7 0
4 years ago
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uysha [10]

Answer:

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