Any asset that can be used to purchase a good or service is considered money.
The demand curve is shallow, which means the elasticity of the demand for memberships is inelastic.
Among goods with more elastic demand, and for those with lower demand, the demand curve becomes shallower (closer to horizontal) and steefer (closer to vertical). A new demand curve will be drawn if there is an unforeseen factor of quality or quantity.
It is recognized in economics as a ' demand elasticity ' –how open customers are to shifts in costs. By general, if demand is elastic, a price decrease would increase consumer spending with the percent increase by supply more than the percentage decline in costs. The price increase will occur according to the aforementioned parameters.
Nevertheless, Rick Caro, ceo of Management Vision, a New York city health club, argues that the items are not simply facilities such as memberships of health clubs.
Answer: c. NH3
Ammonia(NH3) has the highest boiling point at -33.34 °C while Methane (CH4) has a boiling point of -161.6 °C and Hydrogen sulfide (SH2) has a boiling point of -60 °C.
This is because Ammonia can form strong hydrogen bonds but which makes it harder to boil than the others.
Calculation for Below what stock price level would you get a margin call
First step is to calculate the Loan amount
Loan amount=(100 shares × $130 × 0.5
Loan amount= $6,500 × 0.5 = $3,250
Now let calculate Stock price level
0.30 = (100P $3,250)/100P
30 - P = 100P - $3,250
30-100P= - $3,250
-70P = -$3,250
P = $46.43
Therefore Below what stock price level would you get a margin call will be $46.43