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inna [77]
2 years ago
8

Pablo's demand for pizza is inelastic. If the price of pizza decrease​s, we can predict that Pablo will

Business
1 answer:
kherson [118]2 years ago
4 0

Answer:

C. eat more pizza and spend less on pizza than he did before the price decrease.

Explanation:

The inelastic means that when the elasticity is less than one

Since the demand for pizza is inelastic and the price of pizza decreases that would result in an increase in the quantity demanded of pizza.

Though the price of pizza decreases, the Pablo spend less than before as the price and the quantity demanded has an inverse relationship.

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McClary Tires plans to save $20,000, $25,000, $27,500, and $30,000 at the end of each year for Years 1 to 4, respectively. If it
fomenos

Answer:

Total= $107,130.79

Explanation:

Giving the following information:

McClary Tires plans to save $20,000, $25,000, $27,500, and $30,000 at the end of each year for Years 1 to 4, respectively.

The discount rate is 3.3%.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Cf1= 20,000*1.033^3= 22,046.06

Cf2= 25,000*1.033^2= 26,677.23

Cf3= 27,500*1.033= 28,407.5

Cf4= 30,000

Total= $107,130.79

4 0
2 years ago
Read 2 more answers
Respass Corporation has provided the following data concerning an investment project that it is considering: Initial investment
Dmitriy789 [7]

Answer:

$458.12

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 = $-160,000

Cash flow each year from year 1 to 3 = $54,000

cash flow in year 4 = $54,000 + $11,000 = $65,000

I = 15

NPV = $458.12

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
2 years ago
When new coke was introduced, it failed miserably in the market. after removing it from its product line, what did coca-cola mos
Mama L [17]
The correct option is this: COCA COLA WILL SHIFT THE EXCESS CAPACITY TO THE PRODUCTION OF OTHER SOFT DRINK PRODUCTS.
The capacity that was devoted to the failed drink will be diverted towards the production of other soft drinks that the Coca cola company is manufacturing. 
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2 years ago
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Dennis, a new york city investment broker, quit his job in a fit of rage after being accused of embezzling thousands of dollars
emmasim [6.3K]
Dennis could be suffering from a dissociative fugue. It is one of the many kinds of amnesia wherein an individual would not have the ability to recall someone's past and suddenly forming another identity from the mind. This happened to Dennis when he told the policemen that his name was Michael Hart.
6 0
2 years ago
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The Fime Corporation uses a standard costing system. The following data have been assembled for December: Actual direct labor-ho
Burka [1]

Answer:

5,900= standard quantity

Explanation:

Giving the following information:

Actual direct labor-hours worked 6,200 hours

Standard direct labor rate $7 per hour

Labor efficiency variance $2,100 Unfavorable

<u>To calculate the standard hour, we need to use the following formula</u>:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

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-2,100= 7standard quantity  - 43,400

41,300/7 = standard quantity

5,900= standard quantity

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2 years ago
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