Answer:
A. The definition of a market in determining the price elasticity of demand.
Explanation:
Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.
Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.
Alternatively, consumers would demand for the brand that falls within the limit of their spending.
Answer:
The correct answer is a) All of these
Explanation:
The instant messaging carry on benefits in a lot of fields, one of them the business. You can resolve questions immediately, you can contact and make simultaneous sessions with multiple people and you can check if the employees are working or not because you identify if they are logged at the pc.
Since the interest rate in Australia is 5.5% and the interest rate in New Zealand is 6.5%, then the one-year forward exchange rate is 1 Fijian dollar equals 2.53 AUD.
The information given from the question is that 1 Fijian dollar = 2.55 AUD.
Based on the information, the foreign currency is Fijian dollar while the home currency is AUD. Therefore, the forward rate will be:
= 2.55 × [(1 + 5.5%) / (1 + 6.5%)
= 2.55 × (1.055 / 1.065)
= 2.55 × 0.99
= 2.53
In conclusion, 1 Fijian dollar equals 2.53 AUD.
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Answer: 7.80%
Explanation:
At the end of 2016, Josh received a dividend of $1.37 and at the end of 2020, he received one of $1.85.
You can calculate the growth rate with the formula:
Dividend Growth Rate = (Dividend received at end of 2020/Dividend received at end of 2016) ^ (1/n) - 1
2016 to 2020 is 4 years.
Dividend growth rate = (1.85 / 1.37)¹/⁴ - 1
= 0.07798518
= 7.80%