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Vera_Pavlovna [14]
3 years ago
11

The price of Good B increases by 4%, causing the quantity demanded of Good A to decrease by 6%. The cross-price elasticity of de

mand is ________, and the goods are ________.
Business
1 answer:
frozen [14]3 years ago
4 0

Answer:

The answer is -1.5 and complementary goods

Explanation:

Cross price elasticity is the percentage decrease in quantity demanded divided percentage increase in price.

= -6/4

= - 1.5.

Because the sign is negative, the goods are complements. Complementary goods are directly related. As in they move in the same direction.

For example, car and fuel are complements. The increase in quantity demanded for car will increase the quantity demanded for fuel. Or if the price of car goes up, all things being equal, the quantity demanded of car will reduce and for fuel too.

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A major factor contributing to the growth in the use of direct marketing IMC efforts is:__________
il63 [147K]

Answer:

a. increased use of credit and debit cards and online shopping by consumers

Explanation:

The IMC stands for Integrated marketing strategies in which the focus of the company to promote more and more products in social websites in order to maximize the company sales

The direct marketing could be done via various modes like - television, social sites, print media, etc

Now the major factor i.e contributed to the growth of IMC because of excessive use of cards i.e debit card and credit card for online shopping or for any other purpose

4 0
3 years ago
During 2020, LAL Corp. had the following cash flows: (1) received cash of $5,000 billed to a customer in 2020; (2) earned $20,00
Juliette [100K]

Answer: $21,000

Explanation:

Financing activities refer to those that a company engages in, in relation to capital needed to run the affairs of the business which means it included Equity and Debt.

Financing Activities: Interest paid, dividends paid, money borrowed from bank, stock repurchase

Net cash flows from financing = Money borrowed from bank - Interest paid - dividends paid - Stock repurchase

= 50,000 - 6,000 - 8,000 - 15,000

= $21,000

4 0
3 years ago
Fooling Company has a callable bond outstanding with a coupon of 12.2 percent, 25 years to maturity, call protection for the nex
sashaice [31]

Answer:<em>9.5354% or 9.6%</em>

Explanation:

<em>PMT = coupon (interest) payment = 12.2 % * $1,000 = $120</em>

<em>Let t = time left until bond is called = 10 years </em>

<em>Let F be the  face value = $ 1,100 ($ 1,000 + $ 100 (Call premium))</em>

<em>Let the Current bond price = 110 %  x 1,000 = $1,100</em>

<em>Now,</em>

<em>The bond price is = PMT x 1-( 1 + r )⁻t / r + F/(1 + r )t</em>

<em>Therefore,</em>

<em>1100 = 100 x 1 - (1 + r)⁻¹⁰/r + 1100/(1 + r)¹⁰</em>

<em>Using the trial and error method,</em>

<em>r= 9.5354%</em>

<em>Then the yield to call (YTC) = 9.5354</em>

9.5354%

5 0
3 years ago
Consider a service company that provides carpet cleaning and uses straight-line depreciation. Classify the cost of the depreciat
madreJ [45]

Answer: Fixed Indirect costs.

Explanation:

Depreciation cost is the amount of a fixed asset that has been charged to expense through a periodic depreciation charge. Depreciation can either be a direct cost which is one that varies in concert with changes in a related activity while

an indirect cost is one that is not directly associated with an activity.

The determination of depreciation as a direct or indirect cost depends upon what it is associated with. For example carpet cleaning is an Indirect costs because it's precise benefits to a specific project is difficult or impossible to trace Also,since depreciation is a fixed cost, because it recurs in the same amount per period throughout the useful life of an asset then cost of the depreciation on the carpet cleaning is a Fixed Indirect Cost.

8 0
3 years ago
All of the following are guidelines to help corporations deal with identity theft except ____.
anygoal [31]
Keep scams from happening to customers
7 0
3 years ago
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