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melomori [17]
3 years ago
6

Pizza is a normal good if the demand:__________

Business
1 answer:
kirill115 [55]3 years ago
3 0

Answer:

a. for pizza rises when income rises.

Explanation:

A normal good is a good that people purchase more when their income increases and that have a lower demand when their income decreases, for example, clothing. According to this, the answer is that Pizza is a normal good if the demand for pizza rises when income rises.

The other options are not right because a normal good is determined by the way in which the demand of a product behaves when the income increases or decreases.

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You are a real estate owner in Bloomington Indiana and you have rented a house to students. You expect to make 6% per year on th
Lyrx [107]

Answer:

The present value of the contract is 0.5% higher if the rent is paid at the beginning of the month. That is equal to $11.28 for every $100 of rent.

Explanation:

if the rent is paid at the beginning of the month, the present value of the lease contract will be:

PV = monthly rent x PV annuity due factor

we are not given the monthly rent, but we know the PV annuity due factor for 0.5% and 24 periods = 22.67568

if the rent is paid at the end of the month, the PV = monthly rent x PV ordinary annuity factor

the PV ordinary annuity factor, 0.5%, 24 periods = 22.56287

assuming that the rent is $100 (just to calculate a %), the PV of an annuity due = $2,267.57

the PV of an ordinary annuity = $2,256.29

the difference between them = [($2,267.57 / $2,256.29) - 1] x 100 = 0.5%

7 0
3 years ago
Select a topic and develop a curriculum targeted to 6th-grade students.
BartSMP [9]

Explanation:

Provide an outline of the material and how it will be presented.

is the correct answer .

hope it is helpful to you☺️☺️☺️

6 0
2 years ago
Enterprising people will make good office workers.<br> A.True<br> B. False
vaieri [72.5K]

Answer:

A.True

Explanation:

Enterprising means having or showing initiative and resourcefulness making it helpful in a office.

4 0
2 years ago
Read 2 more answers
Down payment assistance programs offer grants and affordable loans to help offset the upfront cost of homeownership
Law Incorporation [45]
Homebuyer programs provide access to down payment funds to help more families take advantage of these record low-interest rates now. 3. Helps offset FHA premiums and mortgage insurance. Over the years, FHA has been the primary place for many first-time homebuyers to get a low-cost, low down payment loan.
8 0
3 years ago
Read 2 more answers
Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 9%,
solniwko [45]

Answer:

cost of common equity = 14.46%

WACC = 11.29%

accept = Project A

Explanation:

Cost of common equity is the return that is required by Holders of Common Stock.

The available details can be used to calculate the cost of common equity using the Dividend Growth Model as follows :

Cost of common equity = (Next year`s Dividend / Current Market Price of a Stock) + Expected Growth

                                        = ($2.20/$26)+6%

                                        = 14.46%

WACC is the minimum return that a project must offer before it can be accepted.It shows the risk of the company.

Cost of Debt = Market Interest Rate × (1 - tax rate)

                     = 9.00% × (1-0.40)

                     = 5.40%

Capital Source                Weight                 Cost                 Total

Debt                                   35%                  5.40%               1.89%

Common Equity                65%                 14.46%               9.40%

Total                                 100%                 19.86%              11.29%

Therefore WACC is 11.29%

When evaluating projects, Compare the Project`s Internal Rate of Return (IRR) to the WACC.

<u>Project A</u>

IRR 12% > WACC 11.29%

Therefore Accept

<u>Project B/S</u>

IRR 11% < WACC 11.29%

Therefore Do Not Accept

3 0
3 years ago
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