The reason that the elasticity of demand is 0.62 for business and 0.12 for economy is because the economy class is more elastic than that of the business.
When the flight ticket of those flying business class is raised, they would not be affected much because they are rich and can afford it. They do not care much about the raise in price.
For the average flyer using the economy flight, raising the price of the ticket would affect him and he may end up reducing his demand for it.
Read more on brainly.com/question/10423637?referrer=searchResults
<u><em>Answer:</em></u>
<u><em>1. Likely the price of the stock either goes up or falls</em></u>
<u><em>2. There is no need for a stop loss order in this scenario.</em></u>
<u><em>3. 5412541.2</em></u>
<u>Explanation</u>:
1. Stock market prices are often unstable, prices can be up today, the next day they are low.
2. Arianna has already made over 100% profit from the stock since she purchased at a good low price, yesterday's stock close price was still profit for her.
3. A 10% Stop loss price would have been the idea order price rather than the $53.7353.73.
4. Remember Stop loss order are meant to reduce or minimize the loss of investor or trader, a <em>calculated level </em>of should be carefully decided.
The largest amount of money the government lays out is for the transfer program, Social Security. And its largest expenditure is for national defense. America is quite known for spending a lot of money on defending itself from any possible threat.
Answer:
selling half
Explanation:
because your not selling everything so not all
SLPS trade securities on their own behalf (not for someone else).