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TEA [102]
3 years ago
8

Please help me answer these questions​

Business
1 answer:
Murljashka [212]3 years ago
7 0

Answer: See explanation

Explanation:

1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.

2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.

3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances

For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.

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Pls help me answer these 2 questions for my Econ Test on Tuesday plzzzz!!!!
Ainat [17]

Answer:

1: A fixed resource is any resource that will always be available with a room arrangement where as Variable resources are electricity producers whose output amount and availability can vary due to the nature of fuel being used - for example, wind, solar, or run-of-river hydro. .

2: The short run is a period of time in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied where as the long run is a period of time in which the quantities of all inputs can be varied.

Explanation:

hope it helps!

6 0
3 years ago
Torch Industries can issue perpetual preferred stock at a price of $71.00 a share. The stock would pay a constant annual dividen
kodGreya [7K]

Answer:

the company's cost of preferred stock, rp is = 9.15%

Explanation:

step 1. Consider the following formula.

Cost of preferred stock = annual dividend / Price *100

Step 2. Set the values of the variables.

= $ 6.5/$ 71*100

step 3. Solve.

= 9.15%

Answer : 9.15 %

6 0
3 years ago
Horizontal analysis involves:
yaroslaw [1]

Answer:

a. Comparing individual financial statement line items over time.

Explanation:

Horizontal analysis of financial statements involves comparing financial information contained in the current period with the historical records of the same company to identify trends. The main objective is to identify if the ratios have been increasing, decreasing or fluctuating a lot. This is useful in analyzing and making decisions whether a company should make a major change in one area or another.

7 0
4 years ago
The price elasticity of demand, E, is defined as the:
Over [174]

Answer:

The correct answer is "Percentage change in quantity demanded divided by the percentage change in price of that good".

Explanation:

The elasticity of demand is a measure used in economics to show the degree of response of the quantity demanded of a good or service to changes in the price it presents. It grants the percentage change of the quantity demanded about a unitary percentage change in the price, with the other variables considered constant.

The E is a measure of the sensitivity of the quantity demanded of a good or service to changes in its price. Its formula normally produces a negative result due to the inverse nature of the relationship between the price and the quantity demanded.

Have a nice day!

6 0
3 years ago
A newly issued 10-year maturity, 4% coupon bond making annual coupon payments is sold to the public at a price of $800. What wil
madam [21]

Answer:

40 dolllar for interest income

Explanation:

The taxable income will be the interest for the annual coupon payment:

$1,000 face value x 4% = $40

The purchase price will be considered for taxation purpose under capital gain if the bond is sold which is not the case. Thus, we must only determinate taxes considering the interest income from the coupon payment.

6 0
4 years ago
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