Que importancia tiene conocer el presupuesto empresarial

Suppose that during the past year, the price of a laptop computer fell from $2,500 to $2,300. During the same time period, consu

Dafna11 [192]

Answer:

Elasticity of Demand = 4.5

Demand is very elastic, because a small percentage change in price brought about a bigger percentage change in quantity demanded.

Explanation:

Data and Calculations:

Original Average New Average Change Percentage

Quantity 403,000 549,000 +146,000 36.23%

Price $2,500 $2,300 -$200 8%

b) Elasticity of demand: The elasticity of demand is calculated by dividing the % change in quantity by the % change in price which brought it about.

Percentage change in Quantity/Percentage change in price

= 36.23%/8% = 4.5

c) The elasticity of demand is the responsiveness of demand (consumers) to a change in price. If the responsiveness is less than 1, then demand is inelastic. If it is equal to 1, then demand elasticity is unitary. If it is more than 1, then demand is elastic.

Decision, since Elasticity is more than 1, the demand is very elastic.

6 0

3 years ago

A property sells for $120,000. the mortgage is $90,000 and the lender charges 3 points on the loan. how much is paid for the dis

dimulka [17.4K]

The amount paid for the discount points is $2,700

What do 3 points on the loan mean?

The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000

amount paid for the discount=points*loan amount

loan amount=$90,000(not $120,000 which is the property purchase price)

amount paid for the discount=3%*$90,000

amount paid for the discount=$2,700

Find out more about discount points on://brainly.com/question/26040338

#SPJ1

8 0

2 years ago

Employees at Acme Express are dissatisfied with the working conditions, salary, and the general attitude of the management. Mark

Sliva [168]

A) exit because she leaves the unfavorable situation

7 0

4 years ago

Using the capital asset pricing model (CAPM), Sun State determined that the required rate of return for a capital budgeting proj

ANTONII [103]

Answer:

2.2

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

18% = 7% + Beta × 5%

18% - 7% = Beta × 5%

11% = Beta × 5%

So, the beta would be

= 2.2

The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same has applied.

5 0

3 years ago

You are a CPA and have been asked to volunteer a few hours of your time to review the accounting records and procedures of a sma

olchik [2.2K]

This starts getting into the question of morality, I don't believe it is right and just like if a child were brought to a daycare where I worked with bruises and symptoms of neglect, I would report it. you also have a legal obligation too and if it ended up coming out then you would be held accountable as well.

4 0

3 years ago

Que importancia tiene conocer el presupuesto empresarial​

Que importancia tiene conocer el presupuesto empresarial