The demand for air travel between two cities doubles. The elasticity of the supply of air travel between these cities will <span>become more elastic, the longer the time since demand doubled</span>. Elasticity is the responsiveness between supply or demand when nothing changes but the price. In this situation, the demand for air travel between two citifies doubled, so, the traveling is elastic because even though the demand rose, so did the price, but the demand didn't start to drop.
Answer:
Economic Value Added (EVA) = $2,620
Explanation:
WACC = 11%
Capital = $20,500
Sales = $11,500
Operating cost = $5,000
Tax rate = 25%
EBIT = Sales - Operating cost
EBIT = $11,500 - $5,000
EBIT = $6,500
Economic Value Added (EVA) = EBIT (1 - T) - (WACC * Capital)
Economic Value Added (EVA) = 6,500*( 1 - 0.25) - (0.11 * $20,500)
Economic Value Added (EVA) = $4,875 - $2,255
Economic Value Added (EVA) = $2,620
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The initial purchase of the land and the associated costs of opening up mining operations will cost $100 million today. The mine is expected to generate $16 million worth of ore per year for the next 12 years. At the end of the 12th year Rearden will need to spend $20 million to restore the land to its original pristine nature appearance.
We need to sum each cash flow until the total initial investment is paid:
Number of years= 100,000,000/16,000,000= 6.25 years
To be exact:
0.25*365= 95 days
It will take 6 years and 95 days to recover the initial investment.
<span>Kathy’s
role in the group discussion is what we called Discussion leaders. Discussion
leaders have a very important role during discussion. She must inform the group
of what to expect in the discussion and give the members time to contribute
ideas in the discussion. </span>
Answer:
The correct answer is B
Explanation:
Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.
The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.
So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.
