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kobusy [5.1K]
3 years ago
11

What is the price elasticity of supply when the price rises from $2 to $4

Business
1 answer:
Mkey [24]3 years ago
5 0
To calculate PES u also need to give the change in quantity supplied.(which isn’t there in the question)
But the formula is

PES = %change in quantity supplied / % change in price
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The company town, in which a major employer builds homes and commercial buildings, and provides the goods and services needed by
yulyashka [42]

Answer:

A) True

Explanation:

Paternalistic social responsibility refers to acts whereby managers provide for the essential needs of the employees such as providing them with accommodation facilities along with satisfying other needs such as food.

Henri Ford was among the first initiators of such a responsibility when he provided health programs and recreational services to his employees.

Building town homes with provision for food by employer is an example of paternalistic social responsibility.

6 0
4 years ago
Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $3
djverab [1.8K]

Answer:

$8,693

Explanation:

Effective annual interets rate: AI = (1+i/m)^n - 1

i = 3*2=6%, m = 26

AI = [1+6%/26]^26 - 1

AI = 1.0617 - 1

AI = 0.0617

Let semi annual income be $X. So, present value of four semiannual income will be aggregated to get principal invetsed money of $30,000

30,000 = ∑[X/1.0617^n}

30,000 = 3.451 * X

X = 8693.132425383947

X = $8,693

Therefore, firm have to earn $8,693 after every 6 months at an interest rate of 3% per week to recover $30,000 initial investment in 2 years

3 0
3 years ago
National Home Rentals has a beta of 1.06, a stock price of $17, and recently paid an annual dividend of $.92 a share. The divide
ANEK [815]

Answer:

9.6845%

Explanation:

Market risk premium = Market return - Risk free rate

                             7.3 = 11.2 - Risk free rate

Risk free rate = 3.9%

(1) Use CAPM:

Cost of equity = Risk free rate + Beta × Market risk premium

                        = 3.9% + 1.06(7.3)

                        = 11.638%

(2) Use DDM :

Stock price = [Latest dividend × (1 + dividend growth rate)] ÷ (Cost of equity-dividend growth rate)

$17 = [0.92 (1 + 0.022)] ÷ (Cost of equity - 0.022)

Cost of equity = 7.731%

Cost of equity = average value from using DDM and CAPM

Cost of equity = 0.5 (7.731 + 11.638)

                        = 9.6845%

4 0
3 years ago
Which of the following best describes the journal entry to record the withdrawal of raw materials from the storeroom for use as
Alborosie
D. Debit work in process debit manufacturing overhead …..
8 0
3 years ago
What percentage of new businesses fail in the first year a 75% B 25% C 40% D 60%
rosijanka [135]
75 it depends on the persons background with education .
3 0
4 years ago
Read 2 more answers
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