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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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The tax burden falls more heavily on the side of the market that is more inelastic.
faust18 [17]
The Answer to this question is true
8 0
3 years ago
Epley Industries stock has a beta of 1.25. The company just paid a dividend of $.40, and the dividends are expected to grow at 5
Volgvan

Answer:

A. 5.56%

B. 13.55%

Explanation:

In this question, we are asked to calculate the equity cost using the DCF method and the SML method

A. DCF approach

cost of equity =[ D0(1+growth )/ current price] +growth

= [.40 (1+.05) / 70 ] + .05

= [ .42 / 75] + .05

= .0056 +.05

= 0.0556 same as 5.56%

B)SML approach

Cost of equity = Rf +Beta (Rm-Rf)

= 5.8+ 1.25 (12 -5.8 )

= 5.8+ 1.25 *6.2

= 5.8 + 7.75

= 13.55%

6 0
2 years ago
The Federal Application for Student Aid (FAFSA) form:
AlekseyPX

D) Can be submitted online or by mail

6 0
3 years ago
The Baldwin company will continue to train their existing workforce at their current level to help reduce turnover and improve p
romanna [79]

Answer:

$ 1200

Explanation:

In the question, the total training hour is not given. Let us assume that the total training hour be 40 hours.

Given :

The cost of training an employee = $ 30 per hour

Therefore, training cost of each employee will be = training cost per hour x total number of training hours.

                                                                              = $ 30 x 40

                                                                              = $ 1200

Therefore, the training cost of each employee is $ 1200

8 0
3 years ago
Read 2 more answers
Charge a $5 penalty if an attempt is made to withdraw more money than available in the account.Here the account string is "S" or
romanna [79]

Answer:

C++ code is explained below

Explanation:

class Account {

 double balance;

 double add(double sum) {

   balance += sum;

   return sum;  

 }

 double withdraw(double sum) {

   if (sum > balance) {  

     balance -= 5;

     return -5; // this will come in handy in Prob. 6  

   } else {  

     balance -= sum;

     return balance; // Notice: always >= 0 (never < 0)

   }

 }

 double inquire() { return balance; }  

 Account() { balance = 0; }

 Account(double sum) { balance = sum; }

 double interest (double rate) {

   return rate * balance;  

 }

}

_______________________________

class Bank {

 Account checking;

 Account savings;  

 void deposit(double amount, String account) {

   if (account.equals("C")) checking.add(amount);  

   else // my default

     savings.add(amount);  

 }

 void withdraw(double amount, String account) {

   if (account.equals("C")) checking.withdraw(amount);  

   else // my default

     savings.withdraw(amount);  

 }

 void transfer (double amount, String account) {

   if (account.equals("C"))  

     if (checking.withdraw(amount) >= 0)  

       savings.add(amount);  

     else checking.add(5); // somewhat fault-tolerant

   else // default

     if (savings.withdraw(amount) >= 0)  

       checking.add(amount);  

     else savings.add(5);  // no penalty for transfers

 }

 void printBalances() {

   System.out.println(

     "Checking: " + checking.inquire() +

     "\nSavings: " + savings.inquire()

   );  

 }

}

8 0
3 years ago
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