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2 years ago

Intro to Investing Math Quiz

1 answer:

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As a result of having increased from a price of $55 to $85, we can say that the stock value increased by 54.55%

The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:

= New price - old price

= 85 - 55

= $30

In percentage terms, this is:

= Increase/ Old price x 100%

= 30 / 55 x 100%

= 54.55%

In conclusion, the stock value increased by 54.55%

Find out more at brainly.com/question/10273187.

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In a purchase process, the consumer looks for products and services that satisfy their needs. After the purchase is made, regret may arise if the product or service does not satisfy those needs.

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1 year ago

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The correct statement is expressed by option B - Firms with a low-cost position can reduce the threat of rivalry in an industry.

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Firms with a low-cost position can reduce the threat of rivalry in an industry based on these reasons:

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Secondly, low-cost firms can decide to price their goods or services a little bit below the prices of their high-cost rivals.

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3 years ago

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3 years ago

Suppose that on Valentine's Day, the demand for both roses and greeting cards increases by the same percentage amount. However,

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Answer:

Based on the information supply of cards is more elastic (price sensitive) than that of roses

Explanation:

Price elasticity of supply is defined as the sensitivity of quantity supplied to changes in price.

The formula is given below

Price elasticity of supply= Change in quantity supplied ÷ Change in price

In this scenario the demand for both roses and cards increases, however the price of roses increases more.

This implies that the denominator in the formula is higher in roses resulting in smaller price elasticity of supply.

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2 years ago

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