Answer:
The correct answer is: substitution effect.
Explanation:
The price of a product is inversely related to the quantity demanded. This implies that an increase in the price will cause the quantity demanded to decrease and vice versa.
The consumers always prefer a cheaper substitute. So in case of a price rise of a product, the consumers will move to a substitute at lower price.
If there is a fall in the price of the product, the consumers will move away from the substitute to the product.
This is known as the substitution effect.
Is it canidate c is bc its my guess hut jot positive with my answer
Answer:
The company’s cost of equity is 11.51%.
Explanation:
Please find the below for detailed explanations and calculations:
The company's cost of equity need to be found is the discounted rate that will bring net present value of its projected future dividend to its current stock price.
Denote cost of equity need to be found is x.
We apply the formula to calculated the present value of growing perpetuity to find x as shown below:
[ 3 x ( 1+0.062) ] / ( x - 0.062) = 60 <=> 3.186 / ( x - 0.062) = 60 <=> x = 11.51%.
Thus, the company's cost of equity is 11.51%.
Answer: Employers must send the <u>W2 form</u> to the Internal Revenue Service (IRS) at the end of the year.
The Wage and Tax statement, more commonly known as the W2 form, must be filed by the employers with the IRS by 31st January, irrespective of whether it’s being filed manually (on paper) or electronically.
The employees must also mail or make arrangements to send the W2 form to their employees by the same date.