1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KonstantinChe [14]
4 years ago
7

MIT economist Jerry Housman has estimated the price elasticity of demand for Post Raisin Bran cereal to be -2.5 and the price el

asticity of demand for all types of breakfast cereals to be -0.9. The demand for Post Raisin Brand cereal is:__________ 1. elastic 2. inelastic the demand for all types of breakfast cereals is:_____ 1. inelastic2. elastic
Business
1 answer:
Diano4ka-milaya [45]4 years ago
5 0

Answer:

The demand for Post Raisin Brand cereal is: ELASTIC  

the demand for all types of breakfast cereals is: INELASTIC

Explanation:

To calculate the price elasticity of demand (PED) we can use the following formula:

PED = % change in quantity / % change in price

  • If PED > 1, the demand is price elastic
  • If PED = 1, the demand is price unitary
  • If PED < 1, the demand is price inelastic

*The PED always results in a negative number, e.g. price deceases, quantity increases, but for practical reasons we convert the negative number into a positive (we use absolute values) when we are determining the elasticity.

You might be interested in
If you cannot make a tax payment in full, what is the BEST next step to take?
alexira [117]

Answer:

Contact the IRS to see if there is a payment plan that works for you.

Explanation:

In a situation where someone determines that they cannot pay the tax liability, it is advisable to still file the tax return by the stipulated deadline. Additionally, contact the Internal Revenue Services(IRS) and explain your situation; they most likely have other payment plans that would work for you. Ignoring the tax bill and hoping that IRS will overlook it can lead to penalty; this might be very costly.

8 0
3 years ago
The interest cost component of NPPBC is the_______________.
san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

7 0
3 years ago
Read 2 more answers
Deployment Specialists pays a current (annual) dividend of $1.00 and is expected to grow at 20% for 2 years and then at 4% there
Whitepunk [10]

Answer:

$30.80

Explanation:

Intrinsic value

V0=D1/1+k +D2/(1+k)^2 +DH+PH/(1 +k)^H

Let plug in the formula

First step

V0=$1 × 1.2/(1+0.085) +($1 × 1.2)^2/(1+0.085)^2 +($1 × 1.2)^2*1.04/(0.085-0.04)*(1+0.085)^2

Second step

V0=1.2/1.085+1.44/1.007225+1.44*1.04/0.045*1.177225

Third step

V0=1.2/1.085+1.44/1.007225+1.4976/0.052975

Fourth step

V0=1.10599+1.42967+28.26993

V0=$30.80

Therefore the intrinsic value of its stock will be $30.80

4 0
3 years ago
Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share of common stock. (You
pav-90 [236]

a. Paid the stockholder a smaller dividend per share than another common stockholder.

c. Rejected the stockholder's request to vote via proxy because she was homesick.

d. The company did not provide all stockholders with timely financial reports.

<h3>Who is the stockholder?</h3>
  • A stockholder is someone who has invested in a company's equity and who owns shares as proof of ownership.
  • Investors have the same right to dividends as other ordinary shareholders. Dividend payouts can only differ when the opposite party owns a larger number of shares.
  • In the event that they are not there, they also have the option to vote by proxy. The shareholder has legitimately appointed the proxy.
  • All stockholders must receive timely financial reports from the company.
  • However, shareholders are not involved in the day-to-day operations of the company. Therefore, they are powerless over employee hiring and dismissal.
  • Following the company's settlement with the holders of preference shares, dividends are also paid to common shareholders.

To learn more about stockholder with the given link

brainly.com/question/18523103

#SPJ4

4 0
1 year ago
When you should send an email?
shepuryov [24]

When the subject addresses something meant to occur in the future, or impact the future

8 0
4 years ago
Read 2 more answers
Other questions:
  • Knowing she has sold 5,000 pairs, assume the company wants to launch a Black Friday promotion, where she would discount her shoe
    15·1 answer
  • Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and woul
    15·1 answer
  • ______ power results from one's specialized information.
    7·1 answer
  • Systematic risk is defined as: Select one: a. diversifiable risk. b. the total risk of an individual security. c. the risk uniqu
    5·1 answer
  • Sage Company has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis. In
    9·1 answer
  • Which of the following best describes the extension of a design to allow for a margin of error when trimming?
    8·1 answer
  • One role of marketing communications in the problem recognition stage of the purchase decision-making process is to: alert the c
    7·1 answer
  • Year 1 2 3 4 5 Free Cash Flow $22 million $24 million $29 million $32 million $35 million XYZ Industries is expected to generate
    12·2 answers
  • In conducting their research, economists often substitute historical events and historical episodes for
    11·1 answer
  • To be protected under the Copyright Act, a work must be a. a concept, principle, or discovery. b. none of the choices. c. an ins
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!