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shtirl [24]
3 years ago
10

Name three factors that determine a good’s or service’s elasticity.

Business
2 answers:
pav-90 [236]3 years ago
4 0

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

katen-ka-za [31]3 years ago
3 0

Answer:

<h3>(1) availability of substitutes</h3><h3>(2) if the good is a luxury or a necessity, </h3><h3>(3) the proportion of income spent on the good, and</h3><h3>(4) how much time has elapsed since the time the price changed.</h3>
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2 years ago
Portman Industries just paid a dividend of $1.68 per share. The company expects the coming year to be very profitable, and its d
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Answer:

What is the expected dividend yield for Portman's stock today?

d. 6.40%

Suppose Portman is considering issuing 62,500 new shares at a price of $26.78 per share. If the new shares are sold to outside investors, by how much will Judy's investment in Portman Industries be diluted on a per-share basis?

a. $0.52 per share

Thus, Judy's investment will be diluted, and Judy will experience a total loss of $0.52 x 7,500 = $3,900

Explanation:

cost of equity = Re = risk free rate of return + (Beta × market premium) = 5% + (0.90 x 6%) = 10.4%

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intrinsic stock price = $2.016 / (10.4% - 4%) = $31.50

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3 years ago
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According to the Centers for Disease Control and Prevention, "SIDS is defined as the sudden death of an infant less than 1 year
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Answer: True

Explanation:

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