<u>Given:</u>
Elasticity of Demand = 2
Decrease in price = 1%
<u>To find:</u>
Change in quantity demanded
<u>Solution:</u>
The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,
Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded
Answer:
Net Present value = -$40,221
Explanation:
The net present value is the sum of the discounted cash-flows over the life of the project from t=0 to t=n.
Year Cash-flow PVIF Present Value
0 (55,500) 1.0000 (55,500)
1 2,700 0.9091 2,455
2 2,700 0.8264 2,231
3 2,700 0.7513 2,029
3 11,400 0.7513 <u>8,565 </u>
Net Present value (40,221)
The salvage value is treated as a cash-flow at the end of year 3 as that's the last year in which the project records a cash inflow. In this question, a negative net present value implies that the project is not profitable, and should therefore not be undertaken.
There are many companies in Ghana and some of those companies and what they do include:
Accra Brewery Limited
- Founded in 1931 as Overseas Breweries Limited
- Offers brewery products such as CLUB Premium Lager
- Saw huge expansion after the second World War
- Currently under Anheuser-Busch InBev (ABInBev)
<u>Agricultural Development Bank </u><u>of </u><u>Ghana</u>
- Founded in 1965 and is owned entirely by the government
- Offers loans and agricultural credit to boost agriculture
- Also offers corporate, international, and commercial banking
Clydestone Ghana
- Founded in June 1989 and is located in Nigeria, Kenya, UK, and Ghana
- Offer products in the information and communication industry including transaction processing
- Listed on Ghana Stock Exchange
Produce Buying Company
- Founded in 1981
- Are major players in the cocoa industry in West Africa
- Are also players in other cash crops such as sheanuts
Suretrack Contracts Services
- Founded in 2007
- Offers construction services such as engineering and construction management.
- Is a privately owned company.
<em>Find out more at brainly.com/question/25130784. </em>
Answer:
3
Explanation:
Various educators teach rules governing the length of paragraphs. They may say that a paragraph should be 100 to 200 words long, or be no more than five or six sentences. But a good paragraph should not be measured in characters, words, or sentences. The true measure of your paragraphs should be ideas.
Answer:
<em><u>Seasonal vegetables are those vegetables that can not adjust all kind of temperatures.</u></em> The seasonal vegetables are grown in the natural cycle of seasons when they are most suitable. For example, cauliflower only grows in winter season.
