The MAIN IDEA is the content or general message of a conversation or what the conversation is about.
Any other ideas brought about in the conversation is usually discussed in relation or in support to the main idea.
Answer:
change in demand; shift of the demand curve.
Explanation:
We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income
In mathematically,
Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)
By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve
Answer:
B
Explanation:
Because because because because
Answer:
$100,000
Explanation:
Cash flow = $10,000
Interest rate = 3%
Growth = -7%
Value of this mining operation = Cash / (Rate - Growth)
Value of this mining operation = $10,000 / (3% -(-7%)
Value of this mining operation = $10,000 / 10%
Value of this mining operation = $10,000 / 0.10
Value of this mining operation = $100,000
Answer:
Bid price = N96,000
Explanation:
<em>Mark up is profit expressed as a percentage of cost. Bid price will be equal to the manufacturing cost plus the mark up profit.</em>
Bid price is the total manufacturing cost + (20% of the manufacturing cost )
<em>Manufacturing cost = D. materials cost + D. Labour cost + Manufacturing Overheads</em>
Manufacturing cost= 40,000 + (500 × $20 ) + ( 500× $60)
= 80000
Bid price = 80,000 + (20% × 80,000)
= N96,000