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Rus_ich [418]
2 years ago
6

A lot of points

Business
1 answer:
Pie2 years ago
6 0

Answer:

The answer is C

Explanation:

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Jessica Simpson sets up shop to sell “Buffalo Wings.” She observes that if the price drops from $3.50 per order to $2.50 per ord
Sidana [21]

Answer:

(I) Price elasticity = 1/6

(II) the $2.5 price gives the higher revenue: 1,250

Explanation:

(I) price elasticity

E_s =\frac{\frac{Q2 - Q1}{(Q2+Q1)/2}}{\frac{P2 - P1}{(P2+P1)/2}}

↑Q (500 - 300)/((500+ 300) / 2)

↑Q 200 / (800/2) =  200/400 = 1/2

↑P (3.5 - 2.5)/((3.5+2.5)/2)

↑P 1/(6/2) = 1/3

Es = \frac{1/2}{1/3}  = 1/6

(II) total revenue

3.5 x 300 = 1,050

2.5 x 500 = 1,250

7 0
3 years ago
Read 2 more answers
Whistle Corp. has a preferred stock that pays a dividend of​ $2.40. If you are willing to purchase the stock at​ $11, what is yo
kiruha [24]

Answer:

B. 21.8%

Explanation:

Cost of preference capital = \frac{dividend}{price}\times100

No adjustment of growth rate is done as the dividend on preference capital is constant and do not grow in normal conditions, that is it only differs in exceptional conditions.

therefore, in the given instance we have,

Dividend = $2.40

Current price = $11

Expected Return = \frac{2.40}{11.00} \times 100 = 21.8%

Thus correct option is

B. 21.8%

6 0
3 years ago
A European-based company that makes all of its goods at a plant in Brazil and then exports the Brazilian-made goods to country m
Leviafan [203]

Answer:

E

Explanation:

has no interest in whether the euro grows stronger or weaker versus the Brazilian real unless its chief competitors are other companies located in countries whose currency is also the euro.

3 0
3 years ago
Josephine is a teenager who works part-time to make money to pay for the upkeep of her car, gasoline, and car insurance. she als
tino4ka555 [31]

Answer:

The correct answer is: in retail.

Explanation:

To begin with, if Josephine is a teenager who works part-time to make money for her own expenses and also she is like most of american youth who hold part-time jobs then the most probable place to work is in retail, where many teenagers are required due to the fact that the majority of the jobs given in that area are for people who do not need many skills or abilities and therefore that the common action to take is to hire young people to pay low salaries for part-time jobs.

5 0
3 years ago
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What do disability insurance and life insurance have in common?
crimeas [40]

Answer:

Both cover an unexpected loss of income.

Explanation:

Both life insurance and disability insurance protect personal finances during a disaster.  Life insurance pays beneficiaries when the insured dies. Disability insurance compensates for lost income when one is unable to work as a result of injuries.  

Life and disability insurance policies are about financial loss protection. Life insurance protects the insured's beneficiaries against financial loss when the insured dies, while disability insurance covers the insured against any financial loss due to the inability to work.

4 0
2 years ago
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