Answer: You should wait until the road is straight and completely clear of cars, obstructions, animals, etc before passing.
Hope this helps! :)
Explanation:
Answer:
All the options written are the steps involved in solving the problem. The formula that would be used is compounding formula because we have future value which is $150,000 and rate of return which is 10.25%. Furthermore, here n is 10 years time.
The formula is:
Future Value = Present Value * (1 + r)^n
$150,000 = Present Value * (1.1025)^10
$150,000 = Present Value * 2.6524
$150,000 / 2.6524 = Present Value
Present Value = $56553
So the amount that we should deposit in mutual funds today to buy Ferrari is $56553. The difference is due to rounding off.
Answer: Take the hits bro. Then call her parents
Explanation: Memes that slap harder than my dads belt!!!! Lol
Answer:
Price elasticity of demand = Percentage in quantity demanded / Percentage change in price
We already have the percentage change in quantity demanded as -4.3%.
We need to find the percentage change in price using the midpoint method.
= (New price - Old price) ÷ ((New Price + Old price) / 2)
Old price = 1.50 - 0.25 = $1.25
Percentage change in price = (1.50 - 1.25) ÷ ((1.50 + 1.25) / 2)
= 18.18%
Price elasticity of demand = -4.3% / 18.18%
= -0.24
According to your estimate, the Transit Authority's revenue rises when the fare increases.<u> TRUE. </u>
The statement is true because the price elasticity of demand here is Inelastic and when this is the case, revenue rises when the price of the good or service increases.
The price elasticity of demand is inelastic when it is less than 1 which is the case here.
Answer: Option E
Explanation: In simple words, a business model refers to a framework that is used by the organisation to monitor and analyze the activities that are done in the workplace for smooth running of operations.
This model works a guideline and also facilitates the objectives of comparison for an organisation.
Thus, the correct option is E .
