<span>c. equilibrium price changes substantially when the demand for the good changes.
</span>
We are given:
<span>Bond Value = $3,500,000
Bond Interest rate = 7%
Semi-annual
Bond Issue Price = </span><span>$3,197,389
Market Interest Rate = 8%
Amortization (semi-annual) = </span><span>$10,087
To determine the total liabilities associated with the bond, we need to convert the bond value to an amortization and add it with the existing amortization.
We may use bond formula from economics.:
Bond Value = Coupon * ( 1 - (1/ (1+r)^t) / r) + F/ (1 +r)^t
Input the values and solve for F. </span><span />
Answer:
The answer to what you should do to increase revenue if the price elasticity is 0.98 is <u>option B) Lower the Admission price</u>
Explanation:
The price elasticity of demand is a measure of the relationship between a change in the quantity demanded of a particular good and a change in its price. This is a term used when discussing price sensitivity. The formula for calculating price elasticity of demand is:
Price Elasticity of Demand = % change in Quantity Demanded / % Change in Price
If a small change in price is accompanied by a large change in quantity demanded, the product is said to be elastic (or responsive to price changes). On the other hand, a product is deemed inelastic if a large change in price is accompanied by a small amount of change in quantity demanded.
At 0.98, the price elasticity is very close to !.0 which is Unit elastic.
However, since it is very close to unit elastic: an economic theory that assumes a change in price will cause an equal proportional change in quantity demanded. Here, demand or supply is perfectly responsive to price changes by the same percentage.
It is not advisable to raise the price of admission to increase revenue. Rather, the aim should be to reach Unit Elastic by reducing the admission rate through a promotional offer that will sustain existing clients and attract additional customers thereby generating more revenue.
In The Lord Of The Flies, Jack basically convinces himself that he killed the beast and not simon, and in an example of mob mentality Piggy, Ralph, Sam and Eric all just go along with it even though they feel guilty and seem to acknowledge that they did know it was simon they were killing.
Answer:
Your correct annswer is C. Stimulating initial inquiry and/or product trials.
Explanation:
PLEASE MARK BRAINLIEST!!!