Answer:
The correct answer is option A.
Explanation:
The price elasticity of demand is the measurement of responsiveness of demand for a commodity to change in its price level.
The price elasticity is derived by the ratio of change in quantity to change in price.
If the change in the quantity demanded of the commodity is greater than the change in its price, in that case the price elasticity of demand will be greater than 1 in absolute value.
Answer:
The correct answer is True
Explanation:
In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.
In other words, the equivalent units is shown thus:
Equivalent units =100000 units*20%
Equivalent units =20000 units
This implies that labor has carried out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.
Answer: 10.54%
Explanation:
The Real rate of return is calculated as;
(1 + Real Rate) = (1 + Nominal Rate) / (1 + Inflation Rate)
1 + 0.056 = ( 1 + n) / ( 1 + 0.0468)
1.056 = (1 + n) / 1.0468
1.1054208 = 1 + n
n = 0.1054208
n = 10.54%
A loan used to purchase a home is known as B. a mortgage. A mortgage is what is paid each month on a house loan. Most mortages are over a 30 year period and after the 30 years, the home loan is paid off.
