Elastic demand means that consumers are sensitive to price and that increased prices can lead to lower sales. There isn't enough information to fully answer this question. We don't know how elastic the demand is. If the demand is only slightly elastic, the increased price and lower demand could still equal higher profits.
Answer:
Quan is a giver and Roland is a taker
Explanation:
A giver is someone who considers the needs of others before his needs. They support others without expecting anything in return. They are at the receiving end of interaction. In a workplace, they are not concerned about their success but give preference to uplifting and helping co-workers. Quan displays traits of a giver.
Takers, on the other hand, put their needs ahead of others. They try to gain maximum with minimum efforts. Roland displays traits of a taker.
Answer:
At par
Explanation:
From the question we are informed about Road Hazards with has 12-year bonds outstanding. The interest payments on these bonds are sent directly to each of the individual bondholders. In this case these direct payments are a clear indication that the bonds can accurately be defined as being issued at par. A par bond can be regarded as bond that is been sold at the exact face value, most mind sells at the face value of $1000, that $1000 is the face value, any par bond usually give an investor a yield which matches the amount of coupon that is associated to the bond.
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A cartel is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.
