Answer:
elastic.
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.
If demand is elastic and price is decreased, quantity demanded would increase. The increase in quantity demanded would be greater than the decrease in demand and this would lead to an increase in 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
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.
Gossiping at the workplace is unprofessional because it is passing rumors about other employes or other people maybe even your boss.
Answer:
c. $1,010.36
Explanation:
Options <em>" ) $1,610.36 2) $522.93 3) $1,010.36 4) $110.02"</em>
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Future value = Pmt * ((1+r)^n - 1) / r
Pmt = FV / ((1+r)^n - 1) / r
Size of the deposit = 10,000 / ((1.06^8) - 1) / 0.06
Size of the deposit = 10,000 / (1.59384807453 - 1) / 0.06
Size of the deposit = 10,000 / (0.59384807453/0.06)
Size of the deposit = 10,000 / 9.897467908833333
Size of the deposit = 1010.359426482723
Size of the deposit = $1,010.36
Answer:
True
Explanation:
The text portion of the writing contains word for word the question.
<u>Measures of dispersion are often used in finance as a proxy for risk:</u>
Measures of dispersion are generally used to describe the variability in sample. The three commonly used measures of dispersion are as follows,
- Interquartile range - Difference between the
and 
percentile (also known as the 
and 
quartile). The formula is 
- Range - Difference between the largest and smallest observation. The formula is
- Standard deviation - SD is the square root of sum of squared deviation from the mean divided by the number of observations. The formula is as follows,
Appropriate usage of measures of dispersion:
Median and interquartile range is used for skewed numerical data, ordinal data or mean. When mean is utilized as a measure of central tendency or symmetric numerical data, SD is used.
Usage in finance:
In finance, the Regression analysis technique helps in explaining the dispersion of dependent variable, that is measured by its variance, with the help of one or more independent variables each of which has positive dispersion. This proves to be a proxy for risk.
