Answer: Price decreased by 12%
Explanation:
Price elasticity = %Change in quantity / % change in price
0.5 = 6% / % change in price
0.5 * % change in price = 6%
% change in price = 6%/0.5
% change in price = 12%
Answer:
$ 28.85
Explanation:
Total amount = (200 × $ 25) + ( 200 × $25 × 0.5) = $ 7500
Maintenance margin = (total amount - ( number of shares × price)) / number of share × price
0.3 = (7500 - 200 p) / 200 p
0.3 × 200 p = 7500 - 200 p
60 p + 200 p = 7500
260 p = 7500
p = $ 28.85
Answer: D. Vesey had purchased his freedom after winning the lottery.
Explanation:
Denmark Vasey was a African American leader in the early 19th century who was born into slavery but was able to buy his freedom when he won a lottery.
In 1822, he was accused of a conspiracy to organize a slavery revolt that would have seen thousands of African Americans killing slave owners in South Carolina and then sailing to Haiti. They had him executed at the age of 55 for this alleged crime.
Answer:
The correct answer is B. They work to solve a particular problem.
Explanation:
A project and development team is form to solve a particular problem and the members usually belong to different groups, have different functions and are assigned by the project manager to activities for the same project.
