Answer:
C
Explanation:
Something with a mistake is never best ignored it’s best if they change it and get it corrected.
A. 1% increase in the price of the good causes the supply curve to shift upward by 4 percent.
It is given that Joseph purchased 100 shares of ABCD Growth Fund for a price of $10.00 per share with a total investment of $1,000. At the end of the year he sold his investment for $11.20 per share. Find the total capital gain.
To get the capital gain, compute the total price in which Joseph sold his investment.
$11.20 x 100 = $1,120
Subtract the answer to the total price bought by Joseph
$1,120 - $1,000 = $120
The total capital gain is $120
weighing the information needed to make rational decisions