The correct answer is:
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Laissez-Faire Economics?
It's an economic system where the free market exists without government intervention.
Answer:
= $2,748
Explanation:
Number of shares purchased = 400
Price per share (a year ago)= $24.15
Total price paid a year ago = 400*$24.15 = <em>$9,660 </em>
Annual dividend per share = $1.82
Total dividend earned = 400 * $1.82 =<em> </em><em>$728</em>
Price per share (today)= $29.20
Proceeds from sale of shares today = 400*$29.20 = <em>$11,680</em>
Next, find total dollar return;
<em>Total dollar return</em><em> = </em>Total dividend earned + Proceeds from sale of shares today - Total price paid a year ago
= <em>$728+ $11,680 - $9,660 </em>
<em>= $2,748</em>
Answer:
greater than zero.
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income
Income elasticity of demand = percentage change in quantity demanded / percentage change in income.
I hope my answer helps you
Less than 0 for a linear trend, because the trend is no longer a trend but a FAD.