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Karolina [17]
2 years ago
11

Carlsberg beer has an elasticity of -0.5 and the company decided cut prices to increase the total revenues on New Year’s Eve.

Business
1 answer:
USPshnik [31]2 years ago
4 0

itack on Titan sasageyo

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kobusy [5.1K]

Hi!

<em>Option C is correct.</em>

<em></em>

Explanation of the choices:

A. - This seems a good choice, however it's not the best choice. Let's come back to it.

B. - This is the best choice because they get to experience first-hand how to manage and make their own money decisions. Choice A might seem good at first, but we can see this is better because they get to make their own decisions and experience hands-on how to do it.

C - This is not a good choice, because it's best to expose children early so they can grow up knowing how to do it.

D - This choice doesn't make sense. What is the point of money if you store it away and don't spend it? This will likely not be a good lesson in the future.

Hope this helps! :D

5 0
2 years ago
Read 2 more answers
An engineer bought a $1000 bond of an American airline for $875 just after an interest payment had been made. The bond paid a 6%
goldenfox [79]

Answer:

Number of coupon payments = 13.5*2= 27

Coupon = 6%*1000/2= 30

Let rate be r

Present value of all future payments = $87

875 = 30*(1-1/(1+r)^27)/r + 1000/(1+r)^27

R= 3.74%

Nominal rate = 3.74%*2 = 7.49%

8 0
3 years ago
. Which one of the following is an example of an economic good? (a) visit to a dentist (b) pair of sneakers (c) lesson taught by
Anvisha [2.4K]

Answer:

b

Explanation:

b :because an enconomic good is something you pay for

7 0
2 years ago
Which of the following criteria is most descriptive of a private liberal arts college?
Harlamova29_29 [7]
For the answer to the question which of the following criteria is most descriptive of a private liberal arts college. The answer is multiple choice letter <span>D. Personal attention from instructors in smaller classes.

I hope my answer helped you. Have a nice day!</span>
3 0
3 years ago
Read 2 more answers
In an unregulated, competitive market consumer surplus exists because:___________.
Paha777 [63]

Answer: some consumers are willing to pay more than the equilibrium price.

Explanation:

Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.

In an unregulated, competitive market consumer surplus exists because some

consumers are willing to pay more than the equilibrium price.

4 0
3 years ago
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