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3 years ago

Earnings on an IRA grow until

Business

1 answer:

frez [133]3 years ago

3 0

Earnings on an IRA grow until C. you take the money out.

An IRA will continue to earn interest and gain value until your money is taken out of the account. Once the money is taken out, the interest will stop being earned. An IRA is a good savings plan to invest your money into for potential gain. There are low and high risks with investments but IRA's are pretty easy to navigate for first time investors.

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Select the correct answer.

Yuki888 [10]

Answer:

The answer is A

Explanation:

The downward sloping curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy.

7 0

3 years ago

Read 2 more answers

Refer to the demand schedule below: Price ($) Quantity demanded 80 0 70 50 60 100 50 150 40 200 30 250 20 300 10 350 0 400 a. Su

snow_tiger [21]

Answer:

a. inelastic

increases

b. inelastic

increases

c. elastic

decreases

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes. An increase in price would lead to decrease in total revenue

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one. An increase in price would increase total revenue

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

Elasticity when price increases from $10 to $20 : -0.143 / 1 = -0.143

Percentage change in quantity demanded = (300 / 350) - 1 = -0.143

Percentage change in price = (20 /10) - 1 = 1

Demand is inelastic

Elasticity when price increases from $30 to $40 : -0.2 / 0.33 = 0.6

Percentage change in quantity demanded = (200 / 250) - 1 = -0.2

Percentage change in price = (40 /30) - 1 = 0.33

Demand is inelastic

Elasticity when price increases from $50 to $60 : -0.33 / 0.2 = 1.65

Percentage change in quantity demanded = (100 / 150) - 1 = -0.33

Percentage change in price = (60 /50) - 1 = 0.2

Demand is elastic

8 0

3 years ago

You write one JNJ February 70 (strike price) put for a premium of $5. Ignoring transactions costs, what is the break-even price

Lera25 [3.4K]

Answer:

$65

Explanation:

The computation of the break even price for this position is shown below:

Break even price is

= Strike price - premium

= $70 - $5

= $65

The stock goes upward to $65 so you lose only $5 but it falls than the stock would be $0

Hence, the break even price of this position is $65

Therefore by applying the above formula we can get the break even price and the same is to be considered

4 0

3 years ago

Pilar uses a unique product number for each product in her inventory. she makes the product number ____.

8090 [49]

Based on the question, Pilar was creating a database for her business.
The choices are: a. a table b. the primary key c. a database d. a record

I believe the answer is b. the primary key.

<span>A primary key is a known as a unique record used in creating a license number or a telephone number. This is used in a relational database where there is only one primary key used as </span>

5 0

3 years ago

onsider the market for purple potatoes below and assume that a price ceiling of $30 is imposed by the government. Calculate the

Troyanec [42]

Answer:

Deadweight loss is $5000

Explanation:

Calculation to determine what deadweight loss is

First step is to calculate the Change in quantity

Change in quantity =2500-2000

Change in quantity=500 unit

Now let determine the Deadweight loss

Using this formula

Deadweight loss =0.5* Change in quantity *(Willingness to pay at the price ceiling -Price ceiling)

Let plug in the formula

Deadweight loss =0.5*500*(50-30)

Deadweight loss=250*20

Deadweight loss =5000

Therefore the deadweight loss is $5000

3 0

3 years ago