Full question attached
Answer:
Not elastic
Explanation:
The formula for demand elasticity= percentage change in quantity/percentage change in price
Therefore demand elasticity = Q2-Q1/Q2+Q1/2/P2-P1/P2+P1/2
Using graph of demand attached
= 12-15/12+15/2/21-15/21+15/2
= -3/27/2/6/36/2
=-2/9/1/3
=-2/3
=-0.67
Elasticity is less than one and so demand is inelastic
$9.001% is the internal rate of return of this machine. as the initial investment of $43,158.
<h3>What is
internal rate of return?</h3>
The internal rate of return is the cost of borrowing at which the aggregate of all cash flows equals zero, and it is being used to analyze one investment to another.
If the person change 8% with 13.92% in the given example, the NPV becomes 0, and the IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's net present value becomes zero.
Thus, $9.001% is the internal rate of return.
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Answer:
Cost Benefit Analysis
Way of thinking that compares the cost of an action to its benefits.
Explanation:
I hope it helps.
The correct option is (b) Protective tariffs
Protective tariffs aim to make imported goods more expensive while protecting domestic producers from overseas rivalry.
<h3 /><h3>What is protective tarrifs?</h3>
- An illustration of a protective tariff would be the US raising the customs charge on clothing imported from Britain so that it is significantly more expensive than clothing made domestically.
- The importing countries profit the most from tariffs since they design the policy and receive the cash.
- The main advantage of tariffs is that they generate income from imported products and services. Tariffs may also serve as a springboard for negotiations between two countries.
- Protective tariffs are designed to shield vital American industries from international competition, stop foreign manufacturers from dumping inexpensive goods in the US, or both.
Learn more about the Tarrifs with the help of the given link:
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I understand that the question you are looking for is "Which of these actions was an economic cause of increased tensions between the North and South?
(a) Dred Scott decision
(b) Protective tariffs
(c) Bleeding Kansas
(d) Lincoln’s election"
