All categories

2 years ago

A product with a low level of elasticity of demand has which feature?

1 answer:

6 0

C is the correct answer. A product with low elasticity of demand is most often a neccessity and price does not affect demand. The demand for a low elasticity of demand product changes very little over time

You might be interested in

Barry Cuda is considering the purchase of the following Builtrite bond: $1000 par, 3 1/4% coupon rate, 10 year maturity that is

Sav [38]

Answer:

Yield to Maturity = 3.97%

Explanation:

The yield to maturity is the discount rate that equates the price of the bond to the present value of its future cash flow receivable from it.

The yield on the bond can be determined as follows using the formula below:

YM = C + F-P/n) ÷ 1/2 (F+P)

YM-Yield to maturity-

C- annual coupon

F- Face Value

P- Current Price

DATA

Coupon = coupon rate × Nominal value = 1,000 × 3 1/4%= 32.5

Face Value = 1000

YM-?, C- 32.5, Face Value - 1,000, P-940

YM = (32.5+ (1000-940)/10) ÷ ( 1/2× (1000 + 940) )

YM = 0.0397 × 100 = 3.97%

Yield to Maturity = 3.97%

4 0

4 years ago

Billy has received a mediocre evaluation for the second year in a row. He knows that he has made improvements, but his superviso

Luda [366]

Answer:

B. He could take deep breaths and then respond nonjudgmentally is the correct answer.

Explanation:

8 0

3 years ago

What benefits does osha offer

GuDViN [60]

Cooperative programs under which businesses, labor groups, and other organizations can work cooperatively with the Agency to help prevent fatalities, injuries, and illnesses in the workplace.

7 0

3 years ago

A machine has the initial cost (at time zero) of $150,000, an annual maintenance cost of $2,500, and a salvage value of $30,000.

just olya [345]

Answer:

the equivalent uniform annual worth of owning and operting the machien at 5% diiscount rate:

$17,610.88

Explanation:

we will bring each exceptional value to present date and then calcualte the PTM of that

First step:

present value of eahc lump sum:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

overhaul:

Maturity 45,000

time 5

$\frac{45000}{(1 + 0.05)^{5} } = PV$

PV 35,258

Services:

20,000 year 4 = 16,454.05

10,000 year 8 = 6,768.39

salvage value

30,000 10 years = 18,417.40

total present worth:

150,000 + 6,768.39 + 16454.05 + 35258 - 18,417.40 = 190,063.04

now we calcualtethe PTM of this present value

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $190,063.04

time 10

rate 0.05

$190063.04 \div \frac{1-(1+0.05)^{-10} }{0.05} = C\\$

C $ 15,110.881

we add the 2,500 maintenance cost

$17,610.88

This will be the equivalent uniform annual worth of owning and operting the machien at 5% diiscount rate

6 0

4 years ago

What can develop in the uterus

ArbitrLikvidat [17]

A baby. It holds the baby until it is mature enough for birth.

3 0

3 years ago