Simplify the following expression: 4x + 5y – 2x – 3y + 2z *c
Percentage change in quantity demanded/percentage change in price is the basic formula for the price elasticity of demand coefficient.
<h3 /><h3>What is price elasticity?</h3>
Price elasticity is the degree of an individual that person or a consumer can pay to the change in the price of the commodity, it is calculated the price a consumer is willing to pay versus the amount of quantity supplied to the person.
Thus, Percentage change in quantity demanded/percentage change in price
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The preferred stock effect is not a notion that can be used to explain abnormally high excess stock returns.
<h3>What is the preferred stock?</h3>
The term "stock" refers to a company's ownership or equity. Common stock and preferred stock are the two forms of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of each preferred stock vary depending on the issuance.
When it comes to dividends, preferred stockholders have a preference over ordinary stockholders, which typically yield more than common shares and might be paid monthly or quarterly. These dividends can be fixed or determined by reference to a benchmark interest rate, such as the London Interbank Offered Rate.
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Answer:
Abbot makes a savings of $74,000 in the current year.
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Explanation:
