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3 years ago

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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Come and Go Bank offers your firm a discount interest loan with an interest rate of 9 percent for up to $21 million, and in addi

Evgesh-ka [11]

Answer: 10.11%

Explanation:

The effective annual interest rate on this lending arrangement will be calculated thus:

Interest Paid will be:

= 9% × $21 million

= 0.09 × $21 million

= $1.89 million

Amount Received will then be:

= (21million - 1.89million) - (21million)(0.02)

= $19.11 million - $0.42 million

= $18.69 million

Then, the effective annual rate will be:

= 1.89/18.69

= 10.11%

Therefore, the effective annual interest rate on this lending arrangement is 10.11%.

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3 years ago

Hellppp pleaasseeeeeeeeeee

Ne4ueva [31]

Answer:

B. Power is proportionally spread to top, middle and first line managers

Explanation:

Decentralization is a do of the power structure in an organization or firm, in which the power or authority to make a decision is spread throughout each line or department of the firm or organization.

The main advantage of decentralization is that it allows swift decisions to be taken, and reduces unnecessary bureaucracy.

Hence, the statement that is correct of decentralization is "Power is proportionally spread to top, middle and first-line managers"

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3 years ago

In many businesses, people are inundated with email messages, voicemails, documents, and reports. what is a good way to cut thro

LenKa [72]

Managers receive a tonne of voicemails, faxes, snail mail, and emails every day. If data were the currency of contemporary commerce. You will learn how to write persuasive business messages in this course. Effective communication aids in change adaptation. Influencers are compensated by a brand to post content about it, whether it be using, displaying, or discussing the product. When their devoted fans interact with such material, your marketing reach increases. Read the email letter to Kate Newcomber, sages, and then respond to the corresponding open-ended dialogues in an informal environment. Email offers a number of benefits, including clear and direct relationships and significant privacy.

To learn more on email messages

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2 years ago

A period of macroeconomic expansion followed by a period of economic contraction, and with the cycle repeated all over again

ankoles [38]

Answer:

business cycle

Explanation:

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3 years ago

Read 2 more answers

1. Determine whether a $100,000, 3-month T-Bill selling at $97,645 or a 10%, semi-annual coupon bond selling at par has the grea

stiv31 [10]

The 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.

<h3>Data and Calculations:</h3>

T-Bill:

Face value of T-Bill = $100,000

Present value of the T-Bill = $97,645

Effective yield rate = 9.65% ($2,355/$97,645 x 100 x 12/3)

Bond:

Face value of bond =$100,000

Interest = 10% semi-annual

Present value of the bond = $104,761.90

Effective yield rate = 9.80%

Thus, the 10% semi-annual coupon bond selling at par has the greater effective annual return than the $100,000, 3-month T-Bill selling at $97,645.

Learn more about Bonds and T-Bills at brainly.com/question/15394251

4 0

3 years ago