Answer:
Increase by 4.8%
Explanation:
The 4% price reduction will cause an increase in demand by 2.4%.
The 2% rise in income will cause an increase in demand by 2.4%
If we take into account both variations and add them, we have an increase in demand by 2.4%+2.4% = 4.8%
The imparment value on the asset given the book value and the fair value of the asset is $-2.8 million.
<h3>What is the impairment loss?</h3>
An asset is impaired when its book value is greater than the total future cash flows. When an asset is impaired, in order to determine the impairment loss, subtract the fair value of the asset from the book value of the asset.
Impairment loss = 6.9 million - $9. 7 million = $-2.8 million
Here is the information that would be used to solve the question: Book Book value $9. 7 million
Estimated total future cash flows 8.1 million
Fair value 6.9 million
To know more about impairment loss, please check: brainly.com/question/19671264
Answer:
B) Individual differences in perception
Explanation:
We all perceive things differently than other people, or in other words, we all see thing differently than other people. Depending on our mood and where we actually are, we perceive things differently. We also have the tendency to fill in blanks with some preconceived ideas, e.g. a person that suffered a prior accident will immediately imagine an action sequence resembling their own experience and will combine it with what they actually saw.
<span>C. A longer time horizon means you have more time to recover any investment losses.</span>