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Naddika [18.5K]
3 years ago
5

g Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of dem

and between good X and Y is -5. Determine how much the consumption of this good will change if: 1. The price of good X increases by 5% 2. The price of good Y increases by 12%
Business
1 answer:
kozerog [31]3 years ago
7 0

Answer:

Sry, I can't understand anything at all!

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Mountain Teas wants to raise $14.9 million to open a new production facility. The company estimates the issue costs for legal an
ololo11 [35]

Answer:

612,936 shares

Explanation:

The computation of the number of shares of stock must be sold is shown below:

Before that we have to compute

Required sales proceeds net of spread is

= (Raise amount + estimated cost for  legal and accounting fees) ÷ (1 - spread rate)

= ($14.9 million + $582,000) ÷ (1 - 0.0815)

= ($1,5482,000) ÷ (1 - 0.0815)

= $16,855,743.06

So, shares to be sold is

= $16,855,743.06 ÷ $27.50

= 612,936 shares

8 0
2 years ago
The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Ne4ueva [31]

True. This is one of the most basic economic concepts which you should recite by heart.

7 0
3 years ago
FICA includes taxes to pay for
kakasveta [241]
<span> Social Security and Medicare</span>
7 0
3 years ago
Four (4) ways to harvest an investment in a business.
Mazyrski [523]

Answer:

Harvesting an investment in a business

Four ways to harvest:

a. Outright sale of a company or the investment

b. Issue of Initial Public Offering (IPO)

c. Gradual elimination of a product, especially after the cow stage.

d. Withdrawal of additional investment and earning of profits.

Explanation:

These strategies can be employed by a business to reap the fruits from an investment.  The purpose for the investment and the risk profile of the investor determines the actual strategy or combination of strategies used by the investor.

7 0
3 years ago
Explicate the irrelevance of learning styles<br>​
Leokris [45]

Learning styles are the best way to learn for a student has been debunked. However, learning styles are accepted in education as a way to promote the idea that student learns differently. Below is a further explanation.

<h3>The VARK Model</h3>

Education continues to promote learning styles as a way for teachers to support students and differentiate lessons. The multiple models related to learning styles, the VARK model is among the most widely used since it sufficiently addresses learner diversity and needs.

The VARK model stands for:

  1. Visual
  2. Auditory
  3. Reading/Writing
  4. Kinesthetic

Therefore, anything devoid of the above will be irrelevant.

learn more about learning styles: brainly.com/question/3274282

8 0
1 year ago
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