Answer:
-1.5
Explanation:
Given the following :
Rothschild index = 0.6
Elasticity of demand for total market = - 0.9
Annual sale = $1,450,000
Elasticity of demand for a representative retailer's product :
Using the Rothschild demand Elasticity relation:
Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product
0.6 = - 0.9 / Elasticity of demand for a representative retailer's product
Elasticity of demand for a representative retailer's product = - 0.9 / 0.6
= - 1.5
Answer:
E. The supply curve for helmets will shift to the right.
B. The demand curve for helmets will remain the same.
Explanation:
In order to promote the use of helmets the subsidy will result in the shift of supply curve to the right because through subsidy producers are encouraged to supply more. Hence increasing the output.
Whereas the demand curve will remain the same. There will be no shift in demand curve. Only movements along the demand curve will be observed, the demand curve stays the same.
It is shown in the diagram in attachment.
Answer:
True
Explanation:
The net revenue or net loss would be expressed in the retained earnings account statement.
The computation of the ending retained earning balance is shown below:
The ending balance of retained earning = Opening balance of retained earnings + net income or net loss - cash dividend paid
These are the closing entries which are shown below:
Income summary A/c Dr
To Retained earning
(Being the difference is credited to retained earning)
Retained earnings A/c Dr
To Cash Dividend A/c
(Being dividend account is closed)
Answer:
Portfolio beta = 1.2963
Explanation:
The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The formula to calculate the beta of a portfolio is as follows,
Portfolio beta = wA * Beta of A + wB * Beta of B + .... + wN * Beta of N
Where,
- w represents the weight of each stock in the portfolio
Portfolio Beta = 0.32 * 1.01 + 0.19 * 1.07 + 0.38 * 1.47 + 0.11 * 1.92
Portfolio beta = 1.2963
Answer:
<h2>To put simply,paraphrasing refers to the conversion of the original or the concerned source material into the own or personal words of the reader or the interpreter.In contrast,summarizing mainly refers to the conversion of the main idea/s,concept/s or content of any original text or source material into the writer's or interpreter's own words.</h2>
Explanation:
- Paraphrasing commonly engages putting any original text of any source material into the own words of the reader or the interpreter of the material.On the other hand,summarizing mainly involves converting the central idea/s or the content/s of the source material into the own words of the reader or interpreter of the source material.
- Paraphrasing involves selection of any specific broader section or part of the source material and its conversion into a shorter version in terms of the own words of the reader or the interpreter,whereas,summarizing construes selection of the overall of main idea/s or content of the source material and putting it into a condensed form,expressed in the own words of the reader or interpreter.
