Answer:
My advice to the manager is to set the tichet price as close as possible to the point where the price elasticity of demand equals 1
Explanation:
The PED shows the responsivenes of the quantity of a good or service to a change in its price when nothing changes but the price.
Is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price.
Substitute good will be mitten and gloves, artificial sweeteners and sugar, and orange juice and grapefruit juice. The rest would be complementary goods.
Answer:
$30.00
Explanation:
The price of the stock can be derived from the stock theoretical price formula given and explained below:
stock price=expected dividend/(market return-growth rate)
expected dividend=dividend paid today*(1+growth rate)
expected dividend=$2*(1+5%)
expected dividend=$2.10
market rate of return=12%
growth rate=5%
stock price=$2.10/(12%-5%)
stock price=$2.10/7%
stock price=$30.00
Propone dondthe demos dkkdndi
Answer:
employed workers and persons who are officially unemployed
Explanation:
The labor force is the force that involves the labors who are employed and the unemployed i.e. officially
In an equation, it can be
Labor force = Employed workers + unemployed workers
It is a combination of both the employed and the unemployed workers
hence, the correct option is third
Therefore all the other options are wrong as they do not meet the criteria of the labor force
