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dexar [7]
2 years ago
15

describes demand when a given change in price causes a relatively larger change in the quantity demanded

Business
1 answer:
kakasveta [241]2 years ago
4 0
Answer:




Explain: Demand is elastic when a change in price causes a relatively larger change in quantity demanded. Demand is inelastic when a change in price causes a relatively smaller change in quantity demanded. Demand is unit elastic when a change in price causes a proportional change in quantity demanded.
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Riders reports the following assets and liabilities. Compute the totals that would appear in the corporation’s basic accounting
mylen [45]

Answer:

See below

Explanation:

Assets are the valuables a business owes while liabilities are the items the business owes to third parties.

Form the list provided

<u>Assets are</u>

Bank Balance……… Rwf. 17,000,000

Accounts Receivable……Rwf 12,000,000

Machinery……………      <u>   …Rwf 1,800,000</u>

Total   <u>Rwf 30,800,000</u>

<u>Liabilities are</u>

Accounts Payable……………….Rwf 15,000,000

Bank Claims……………  <u> Rwf 15,800,000 </u>

 Total      <u>Rwf. 30,800,000</u>

8 0
3 years ago
Your lease calls for payments of $500 at the end of each month for the next 12 months. Now your landlord offers you a new 1-year
Mamont248 [21]

Answer:

Change in Net worth= $133.62

Explanation:

The two lease options require  that the leasee ( the tenant) commit himself to pay a series of equal amount of rent installment at the different time period in the future.

These series of equal periodic cash flows occurring in the future  are called annuities.  

To have a meaningful comparison, the two annuities should be compared based on their present values. So we compute the present value of the two using the formula below:

Present Value (PV) =( A × (1- (1+r)^(-n))/r

Option 1:Current lease

PV = 500 × 1-(1+0.05)^(12)

    = 500 ×  8.863251636

    = $4,431.62

Option 2: New Offer

This will be done in two steps:

PV of lease in year 3

PV =700 × (1-(1+0.05)^(-9))

     = 700 × 7.107821676

     =4,975.47

PV of lease in year 0

PV = FV × (1+r)^(-3)

     =4,975.47 × 0.8638

     =$4,298.00

My net worth would change by the amount of the difference between the two PV of the two annuities:

Difference in PV = $4,431.62-$4,298.00

      Change in Net worth= $133.62

7 0
4 years ago
Which of the following organisations is most likely to sell shares for sale to invited investors?
Vsevolod [243]

Answer:

C. Private limited company

Explanation:

Ownership in a private limited company is restricted, unlike in a public limited company. The shareholders of a private limited company are usually family members, close friends, or people with a shared interest.

A private limited company can raise capital by selling additional shares. Because becoming a shareholder in a private limited company is restricted, private companies raise capital by selling shares to existing shareholders or to invited investors.

5 0
3 years ago
Epic Electronics is considering a strategy to charge a very high introductory price for their automobile video theater. After id
Valentin [98]

Answer:

Epic Electronics is considering a strategy to charge a very high introductory price for their automobile video theater. After identifying that their rival firms did not carry this new product, they chose this pricing strategy to achieve maximum profits. Epic Electronics has chosen a<u> skimming </u>strategy.

Explanation:

Price skimming is a pricing strategy in which a marketer fixes a relatively high initial price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management.

8 0
3 years ago
You have just obtained a mortgage to purchase your home. The​ ________ that you paid to obtain the loan are charges that must be
garik1379 [7]

Answer:

Points

Explanation:

Mortgage points or discount points are prepaid interest available when obtaining a mortgage.

When a lender charges the borrower points he is in effect increasing the yield on the loan above the interest rate agreed on the loan.

Borrowers can also offer points to the lender to obtain a reduced interest rate and reduced monthly payment in exchange for upfront payment of points.

8 0
4 years ago
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