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bezimeni [28]
3 years ago
9

The demand for cooldrink is price elastic if

Business
1 answer:
Marizza181 [45]3 years ago
5 0

Answer:

see below

Explanation:

Elastic demand describes a scenario where a small change in price results in a significant difference in the quantity demanded. The term 'elastic ' suggests a moving or a stretching demand. Goods that have many substitutes have an elastic demand.

A product or service will have an elastic demand when a small price change greatly affects consumption. Customers will still seek alternative cheaper options if the price increases, which causes demand to drop significantly. The demand for cooldrink is price elastic if a small change in price results in demand changing considerably.

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Which of the following strategies is best to avoid groupthink
likoan [24]
Be open minded to other people's ideas and hear everyone's opinion. If you want a successful group everyone needs to feel that they are able to share their opinions and ideas without being harshly criticized 
8 0
3 years ago
Net working capital is expected to increase by $25,000 in year 5 of a project. If this extra working capital is recovered when t
Rina8888 [55]

Answer:

c. NPV will decrease by $1,621.23.

Explanation:

Missing word <em>"Hint: what happens to cash flow when net working capital increases and decreases? a. NPV will not be affected because the $25,000 will all be recouped b. NPV will decrease by $25,000. c. NPV will decrease by $1,621.23. d. NPV will increase by $1,864.41. 19"</em>

Present Value of Net Working Capital investment in Year 5 = $25000 / (1+15%)^5

= -$25,000 / (1+15%)^5

= -$25,000 / 2.01135719

= -$12,429.418

= -$12,429.42

Present Value of Net Working Capital Recovered in Year 6 = $25000 / (1+15%)^6

= $25,000 / (1+15%)^6

= $25,000 / 2.31306077

= $10,808.1899

= $10,808.19

Effect on the project's net present value = Present Value of Net Working Capital investment in Year 5 + Present Value of Net Working Capital Recovered in Year 6

= -$12,429.42 + $10,808.19

= -$1,621.23

Therefore, NPV will decrease by $1,621.23.

7 0
3 years ago
What´s the meaning of marginal investor?
zepelin [54]
<span>Marginal investors trade on the margins. They determine the price of stock for a company and represent and reflect the beliefs of the people currently trading that stock.</span>
3 0
3 years ago
The central limit theorem is important in statistics because
Gwar [14]

Answer: The central limit theorem is important in statistics because if the variable is larger, the sample distribution of the mean will be normal regardless of how the population size is.

Explanation: The central limit theorem is also referred to as CLT. The CLT will fluctuate as different variables are added while trying to achieve normal distribution for their variables. When trying to find out the equal population, different variables are added to test out the theories.

3 0
4 years ago
Valley Spa purchased $11,700 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 14% promissory note for $11,700.
Charra [1.4K]

Answer:

Given that,

Value of promissory note = $11,700

Time period = 60 days

Interest rate = 14%

Interest revenue:

= Note value × Interest rate × Time period

= $11,700 × 0.14 × (60/360)

= $273

Therefore, the journal entry is as follows:

Accounts receivable A/c Dr. $11,973

          To Interest revenue                  $273

          To Notes receivable                 $11,700

(To record the dishonored note)

6 0
3 years ago
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