Answer:
It decreases.
Explanation:
If the absolute value of price elasticity of demand is less than one, it means that demand is inelastic.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
If the pizza hut reduces its price, there would be little or no change in quantity demanded. As a result, revenue would fall.
If demand were elastic, a reduction in price would lead to an increase in the quantity of pizza demanded and revenue would increase.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
I hope my answer helps you
Answer:
<u>Semi- strong form efficient markets</u>
Explanation:
The efficient market hypothesis states that securities are fairly priced and eliminates the possibility of investors earning abnormal gains via arbitrage.
Under the theory, 3 forms of markets are specified which are, strong form, semi-strong form and weak form of efficient markets.
Under the semi strong form of efficient markets, the price of a stock is based upon the available past information and trends as well as current public information available.
Under this form of markets, security prices quickly adjust to latest available public information thereby eliminating the importance of conducting fundamental and technical analysis to unravel price movement trends.
Answer:
B) The law of demand
Explanation:
The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Ceteris paribus means all things being equal.
Says law says supply creates its own demand.
I hope my answer helps you
Answer:
Steady Company's cost of equity is estimated to be 7.342%
Explanation:
The cost of equity is the return that is required by the holders of common stock in the company.
<em>Cost of Equity = Return on Risk free Securities + Beta × Risk Premium</em>
= 6.1 % + 0.18 × 6.9 %
= 7.342%
Therefore, Steady Company's cost of equity is estimated to be 7.342%.
Answer:
option. C. $50
Explanation:
Your loss is limited to $50 if you notify your financial institution within two business days after learning of the theft.
