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Nezavi [6.7K]
3 years ago
13

Assume the price elasticity of demand (Ed) is 0.4 for gasoline in the long run. Some argue that we need a 50% reduction in gasol

ine consumption to be sustainable. What percentage price increase would reach that goal of 50% reduction in consumption
Business
1 answer:
dybincka [34]3 years ago
7 0

Answer:

125%

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Let x = percentage change in price

o.4 = 50 / x

x = 125

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Park Co. is considering an investment that requires immediate payment of $34,000 and provides expected cash inflows of $11,800 a
Galina-37 [17]

Answer:

NPV =  3,404.41

Explanation:

We will calculate the net present value doing:

<em>NPV =  present value of the cash flow   - investment</em>

Investment = 34,000

Now we need to discount each cash flow at the given rate.

<u>For that,</u> we will treat the cash flow as an annuity of 11,800 for 4 year at 10% rate:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 11800

time 4

rate 0.1

11800 \times \frac{1-(1+0.1)^{-4} }{0.1} = PV\\

PV $37,404.41

<em>NPV =  present value of the cash flow   - investment</em>

<em>NPV =       37,404.41 - 34,000 = 3,404.41</em>

3 0
3 years ago
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natita [175]

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3 years ago
One hospital CEO insists on including performance data in the hospital’s annual report. "We do very well on most measures, exc
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Dominik [7]

Answer: (B)

Explanation: so you can save your money that is the wi way

6 0
2 years ago
if frank makes justin a night-shift supervisor, he would be engaging in which function of management?
serg [7]

If Frank makes Justin a night shift supervisor he would be engaging in the function of management that is called the Organizing function.

The organizing function is that stage that follows the planning stage. At this stage the resources would be distributed then the different tasks would be allocated to the personnel or employees that are responsible for them.

Delegation of these tasks to these personnel would be very useful because it helps to achieve those tasks that they set out in the planning stage.

Read more on brainly.com/question/15147620?referrer=searchResults

8 0
3 years ago
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