Answer: PED = -1.665
The price demand elasticity is relatively elastic because PED is greater than 1..(ignore the minus sign)
Explanation:
Using the formula PED = % change in quantity/ % change in price
PED = ((Q1 - Q0)/(Q1 + Q0))/((P1 -P0)/(P1+P0))...EQU 1 where Q1 = 50 is quantity of product at Price P1 =10 and Q0 = 25 is quantity of product at Price P0 = 15 and PED is price of elasticity
Substituting figures into equ1
PED = ((50 - 25)/(50+25)) /((10 -15)/(10+15))
PED = -1.665
Answer:
Almost every other business in this universe now relies upon group thinking rather than individual approach to anything.
It has several advantages, some of them are pointed out below:
o) Equality bias, when there are group discussion, this means that everyone has a part of say in the final decision and that leads to equality bias, which is beneficial.
o) More alternatives are generated, it is a fact that when an individual takes a decision, he/she is neglecting a lot of other options to explore which could be a lot beneficial for the business.
o) More acceptance of the final decision, Since the final decision taken is with the approval and consent of everyone, there is a possibility that the final decision will be more acceptable.
o) Lastly, It creates Synergy, synergy is the idea that a decision as a whole is better than in parts.
Hope this helps you. Good Luck.
Answer:
The correct answer is "$9450".
Explanation:
Given:
Payoff from investment,
= $6000
Lending to bank,
= 
= 
Now,
At 15% interest,
The amount to be received from bank will be:
= 
= 
= 
= 
($)
hence,
In her old age, most she can assume will be:
= 
= 
($)
The statement "The sender & receiver don't know each other, money send for sounds like very good to be true dealing, and the motive of the transactions with respect to the online goods is considered to be questionable" is considered to be the red flag.
The sender i.e. Geroge who not even know the receiver that sells the homeopathy remedies online so this could raise a few issues but it is not to be considered very serious for red-flagged:
- Since e-commerce arises each and every time that lies between non-known parties online.
This is due to the dirt chape that could make it suspicious also they don't know each other so this should be considered red-flagged.
- The instructions with regard to the payment do not represent any signal of reliability and truthfulness so might me the receiver is trustworthy and genuine.
- In the case when the homeopathy remedies do not have the licensing and permissions so it would become questionable.
No one could suggest the specific brand of homeopathy as it becomes nonprofessional and non-appropriate, so the last option is not be considered.
Therefore we can conclude that The statement "The sender & receiver don't know each other, money send for sounds like very good to be true dealing, and the motive of the transactions with respect to the online goods is considered to be questionable" is considered to be the red flag.
Learn more about homeopathy here: brainly.com/question/7460064
Answer:
The correct answer is $0.16.
Explanation:
According to the scenario, the given data are as follows:
Total cost = $1,000,000
Total units = 5,000,000
Salvage value = $200,000
So, we can calculate the depletion expense per board foot by using following formula:
Depletion expense = ( Total cost - Salvage value) ÷ Total Units
By putting the value, we get
Depletion expense = ( $1,000,000 - $200,000) ÷ 5,000,000
= $0.16
