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vovikov84 [41]
3 years ago
7

If the price of gasoline is relatively high for a long time, consumers are more likely to buy more fuel-efficient cars or switch

to alternatives like public transportation. Therefore, the demand for gasoline
a. more elastic,
b. less elastic
Business
1 answer:
kicyunya [14]3 years ago
8 0

Answer: Option A

 

Explanation: In simple words, elasticity refers to the change in demand for a product due to change in its price.

If the price for the gasoline remains high in the long run then at one point substitution effect will come into play and consumers will shift their demand to the alternatives available.

However the product like gasoline will not show decrease in demand in the short run due to price as it more of an essential good to daily life.

Thus, the correct option is A.

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Answer:

All of them.

Explanation:

For considering the annuity formula we can determinate all the proposed factor:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C represent II the amount of each cash flow

r = represent the discopunt rate

while time or "n" represent the numebr of cashflow we have to calcualte the present value.

The timing refer wether the payment are made at the beginning or end of the period.

When made at the beginning it is an annuity-due

and the (1+r) factor multiplies the previous formula to represent the addtional period of capitalization each cashflow has or the one period less to discount for each cashflwo in cases of prresent value.

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3 years ago
Which is NOT an advantage of a mutual fund?
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Answer:

I think D. If I'm wrong I'm sorry

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Nina is induced by her guardian Ollie to sign a contract to invest funds in Penny Stocks Inc. through Ollie’s investment firm. U
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Nina's guardian Ollie is putting an undue influence on Nine to sign a contract to invest funds in Penny Stocks Inc. In this way Ollie is getting benefit while exerting pressure on Nina. Nina has the option to cancel the contract on the basis of undue influence.

6 0
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As a new leader you have decided to apply the path-goal theory in managing your staff. one of the two important personal charact
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A subordinate should have the ability to manage the organization's workforce as a leader. The subordinates' impression of their talents is an important personal quality.

<h3>What is the path-goal leadership theory?</h3>

According to the path-goal theory, a leader's conduct is influenced by their employees' satisfaction, motivation, and performance. The manager's task is considered as improving employees ’ performance in choosing the best pathways to achieve both their own and the company's goal.

  • Inclusive leaders,
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As a result, the two most important personal characteristics of subordinates in the theory. for example locus of control and abilities perception.

Learn more about Path goal theory:

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6 0
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Can a trend serve as a business opportunity?<br> A.)True<br> B.)False
Anarel [89]

Answer:

A. True

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