The expected return on preferred stock is 8.74%
In order to raise money, a corporation issues preferred stock. Annual fixed dividends are paid to preferred investors before the corporation distributes dividends to common stockholders.
Face value = $90
Annual dividend, D = $90 x$8.25= $7.425
Current price, P = $85
Let the expected return be rp
rp=D/P
rp=7.425/85
=8.74%
What is the Cost of Preferred Stock?
The declared yearly dividend amount paid on each share of preferred stock, divided by the stock's current market value, represents the cost of preferred stock. The cost of preferred stock is always greater than the cost of debt because interest payments on debt are tax deductible while dividends are not. Preferred stock typically costs less than common stock, for which investors expect an even greater return on their investment.Since preferred stock is one of the three factors that make up a company's cost of capital, it is important for a corporation to always be aware of this cost. The cost of its debt and the cost of its equity make up the other two factors.To know more about Cost of Preferred Stock visit:
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If your food arrives cold using DoorDash (or the like) can you request a refund?
Yes, if your food arrives cold using DoorDash, you can request a refund.
To request a refund, follow these steps:
1. Open the DoorDash app or website and sign in to your account.
2. Go to your order history and locate the order with the cold food.
3. Click on the order and select the "Help" button.
4. Choose the issue you faced, such as "Food was cold" or "Item not as described."
5. Provide a brief explanation of the problem and attach any relevant photos, if necessary.
6. Submit the request and wait for DoorDash to review it.
DoorDash will investigate the issue and may issue a refund or credit to your account if they determine the problem was due to the delivery or restaurant's error. Keep in mind that refund policies may vary depending on the situation and individual restaurant's policies.
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A credit score doesn’t factor in your income or the amount of money in your bank account. Knowing that, why do you think so many people believe a credit score is a good measure of financial health?.
A credit score doesn’t factor in your income or the amount of money in your bank account. Higher the score of the credit card, The better the borrower looks to the lender.
The creditworthiness of a client is shown by their credit score. The
better a debtor seems to potential lenders, the higher their score. A credit score is based on a person's credit history, including the number of available accounts, total amount of debt, history of repayment, and other elements. Credit scores are used by lenders to determine the likelihood that a borrower would make timely loan repayments.
Your financial life might be dramatically impacted by your credit score. It is very important in determining if a lender will provide you credit.
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T or F. The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax.
The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax, is the false statement.
What are municipal bonds?Municipal bonds, often known as "munis," are debt securities that are issued by states, cities, counties, and other local bodies to pay for ongoing expenses and to fund capital projects like the construction of sewer systems, roads, and schools.
Purchasing municipal bonds is a smart method to generate interest while protecting your money. The majority of them are not subject to federal taxes, and some are also not subject to state and local taxes. Municipal bonds, commonly referred to as "munis," support local infrastructure development.
Thus, it is the false statement.
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which dimensions used to judge the merits of competing options. question 70 options: category exemplars levels of abstraction evoked sets competing sets
Evaluative criteria are dimensions used to judge the merits of competing options.
Correct answer is (option b)
To judge the merit of competing options, we often use a set of dimensions called "evaluative criteria."
These criteria help us compare and contrast different options based on their relative strengths and weaknesses.
In mathematical terms, evaluative criteria can be thought of as a set of vectors that represent different dimensions of comparison.
Each vector has a magnitude and a direction, which corresponds to the importance and directionality of the criterion.
The magnitude indicates how much weight we give to each criterion, while the directionality specifies whether we prefer higher or lower values for that criterion.
So, the option (b) is correct.
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Complete Question:
________ are dimensions used to judge the merits of competing options.
A) Evoked sets
B) Evaluative criteria
C) Levels of abstraction
D) Category exemplars
difference between administrative manpower and technical manpower
The difference between the technical and administrative manpower is as follows:
Work role undertakenFocus on project or organizationType of tasks being preformedWhat is meant by manpower?Manpower is the human resource or workforce being employed on the work assigned in the organization.
Administrative manpower is engaged in planning and implementing the policies in an organization whereas technical manpower executing the tasks related to a project.Administrative manpower relates the organization as a whole while the project work is tied with the appointment of technical manpower.Administration tasks are preformed by admin manpower whereas technical and clerical tasks are initiated by technical manpower.Therefore, the comparison between both the man-powers being explained as above.
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Delon needs to modify the style of his form elements in Access 2016. Which tab in the ribbon should he use to apply Quick styles to a form? Form Design Tools > Design Form Design Tools > Arrange Arrange Form Design Tools > Format
Answer:
Form Design Tools > Format edg 2021
Explanation:
Form Design Tools> Format is the style Delon needs to modify the form of his elements. Thus, option D is correct.
What is a design tab?The Table Tools contextual tab will appear on the ribbon when you insert or select a table in Microsoft Publisher . You can easily arrange your table, add or remove rows and columns, set the alignment of cells, and format the typography of the text in your table using the two options on this tab, Design and Layout.
Table formatting, cell and table borders, placement of the table on the page, and table size are all included in the Design tab. You can manage the design and appearance of your presentation using the commands on the Design Tab. You can choose a theme from the ones that are offered, and you can alter the color schemes as well. The use of themes streamlines the process of developing polished presentations.
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entrepreneurs and their employees both earn higher financial income than similar individuals working in wage positions. true or false ?
False, Entrepreneurs work longer hours, are more at danger of losing their income, and make 4% to 15% less money annually on average than wage earners. Additionally, their earnings increase more slowly over time.
What sets a worker apart from both other workers and business owners?Employees fulfill the duties while firm owners make plans. While a worker can concentrate on the tasks at hand day by day, a business owner must assess how well they are being done in light of the organization's long-term objectives.
Entrepreneurs put in more hours, are more likely to lose their job, and earn 4% to 15% less annually on average than employees. They also see a slower rate of earnings growth over time. Few business owners actually earn much more money than they did as employees.
What are the differences between entrepreneurship and wage employment?People select their line of job from paid employment and self-employment. Based on her degree of abilities, the individual is assigned a wage bracket as a wage worker. People invariably start their own businesses whenever the profit is higher than what an employee could earn.
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Switching costs are typically used to influence the threat of substitute products or services. a. True b. False.
The statement "Switching costs are typically used to influence the threat of substitute products or services" is a. True.
Switching costs refer to the expenses or difficulties that a consumer faces when they change from one product or service to another. These costs can be financial, emotional, or time-related.
Switching costs are often used as a strategy to make it more difficult for customers to switch to substitute products or services, thereby reducing the threat of substitutes in a particular market. By increasing switching costs, a company can discourage customers from switching to a substitute product or service, thus reducing the threat of substitutes in the market.
Therefore, switching costs are commonly used to influence the threat of substitute products or services.
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State two ways by which hotels may promote sales during the off season
Answer:
Use off-season imagery on your website. ...Create content dedicated to the off-season. ...Build content around weddings, meetings, sporting events. ...Update your ad copy with off-season friendly verbiage. ...Create campaigns that market off-season amenities...Explanation:
Hope it helps u
FOLLOW MY ACCOUNT PLS PLSThe idea of introducing flying cars to Uber’s fleet primarily impacts which target element of change? uber ch 10
Answer:
the element of change it would affect is methods
Explanation:
Is 1st Financial bank legit?
1st Financial Bank, also known as 1st Financial Bank USA, is a regional bank based in South Dakota that offers various financial services including checking and savings accounts, loans, and credit cards. The question of whether 1st Financial Bank is a legitimate bank is an important one for consumers who are considering doing business with the bank.
To answer the question of whether 1st Financial Bank is legit, it's important to look at the bank's regulatory compliance and security measures. Keyword, all banks in the United States are required to follow strict regulations set forth by the federal government, including the Federal Deposit Insurance Corporation (FDIC). This means that 1st Financial Bank must adhere to strict standards for consumer protection, privacy, and security.
Another factor to consider is the bank's reputation and customer satisfaction. Keyword, online reviews, consumer reports, and forums can be a good indicator of the bank's reputation and the experiences of its customers. It's important to take these reviews into account when determining the legitimacy of a bank.
In addition to regulatory compliance and customer satisfaction, it's also important to consider the bank's financial stability. Keyword, this can be determined by looking at the bank's financial statements and ratings from credit rating agencies. A bank with a strong financial position and good credit rating is generally considered to be a safe and reliable option for customers.
In conclusion, 1st Financial Bank is a legitimate bank that is regulated by the federal government and is subject to strict standards for consumer protection, privacy, and security. Keyword, to determine whether the bank is a good fit for you, it's important to consider factors such as regulatory compliance, customer satisfaction, and financial stability. As with any financial institution, it is always recommended to do thorough research and consult with a financial advisor before making any decisions.
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Suppose there is a call option on Microsoft (MSFT) stock. The option has a strike price of $200. At the same time, a US Treasury Bill with the same maturity date has an annualized return of 4.00%. For simplicity, you can assume that there are exactly 7 months (or 210 days) to the maturity of the option.
a) Assuming that the correct standard deviation to use in the Black-Scholes formula is 30% annually, calculate the price of the call option described above assuming that the option has a European exercise structure. The price of the MSFT stock is $234.00 at the time the option was quoted.
b) Suppose that you believe the historical annual standard deviation of MSFT stock, 25%, should be used as the volatility variable in the formula when calculating the Black-Scholes price. What will be the price of the same option under this new volatility measure?
c) Calculate the price of a put option that has the same strike price and maturity as the call option above. Use the historical standard deviation in your calculation.
a) To calculate the price of the call option using the Black-Scholes formula, we need the following inputs. Current price of the MSFT stock (S): $234.00
Strike price of the option (K): $200.00
Time to maturity (t): 7 months or 0.5833 years
Risk-free interest rate (r): 4.00% or 0.04
Annualized standard deviation (σ): 30%
Using these inputs, we can use the Black-Scholes formula to calculate the price of the call option:
Call Option Price = S * N(d1) - K * e^(-rt) * N(d2)
where
d1 = [ln(S/K) + (r + σ^2/2) * t] / (σ * sqrt(t))
d2 = d1 - σ * sqrt(t)
N() represents the cumulative standard normal distribution function.
Plugging in the values into the formula, we can calculate the price of the call option.
b) If we use the historical annual standard deviation of 25% as the volatility variable in the Black-Scholes formula, we would simply replace the σ (volatility) input with 25% or 0.25. Using the same inputs as in part (a), we can calculate the new price of the call option.
c) To calculate the price of a put option with the same strike price and maturity as the call option, we use the same inputs as in part (b) but use the put option pricing formula in the Black-Scholes model:
Put Option Price = K * e^(-rt) * N(-d2) - S * N(-d1)
where d1 and d2 are calculated using the same formulas as in part (a) and part (b), but with the negative sign (-) in front of d1 and d2 in the equations.
Plugging in the values into the formula, we can calculate the price of the put option.
It's important to note that option pricing models like Black-Scholes are based on assumptions and may not perfectly reflect the actual market prices of options.
Actual market prices can be influenced by factors such as supply and demand dynamics and market sentiment. Therefore, the calculated prices should be seen as estimates based on the given inputs and model assumptions.
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Which of these statements is an example of constructive feedback?
a. "I really appreciated how each order was completed thoroughly. You made sure that each section was detailed and understandable."
b. "You really need to get better at being a cashier!"
c. "You are the best employee we have!"
d. "I had to redo all of the orders because you did them wrong."
One example of constructive feedback is:
a. "I really appreciated how each order was completed thoroughly. You made sure that each section was detailed and understandable."
This statement is specific and highlights a positive aspect of the employee's work. It also provides feedback that can help the employee continue to perform well.
On the other hand, statements b, c, and d are not examples of constructive feedback. Statement b is vague and critical without offering any specific suggestions for improvement. Statement c is overly positive and does not offer any guidance for the employee to improve. Statement d is negative and does not provide any information on how the employee can improve.
It is important to provide constructive feedback that is specific, positive, and helpful in order to help employees grow and improve.
Answer:
b. "You really need to get better at being a cashier!"
Please post detailed answers to the following questions. Please use complete sentences.
You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?
Answer:
see below
Explanation:
Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.
Honesty and ethics are important in finance and business careers due to the following reasons
Asset Protection and AssuranceFinance and business professionals deal with sensitive information. They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.
The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.
2. Public Image and Brand Value Increases
Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.
3. Team Work develops:
Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.
The following sequence shows four operations for a computer chip assembly process and the effective capacity of each. Step 1: 500 chips/hour Step 2: 250 chips/hour Step 3: 200 chips/hour Step 4: 550 chips/hour Suppose the utilization is 70 percent of effective capacity. What is the actual output of the process?
Answer:
The actual output of the process is 140 per hour
Explanation:
The Bottleneck step is the one which assemble minimum number of chips per hour . Step 3 produces minimum number of chips (200 chips per hour). Therefore step 3 is the bottleneck step.
Since the steps are interlinked in sequence, the capacity of the process will be determined by the capacity of the bottleneck process. Therefore, effective capacity of the process = 200 chips per hour
Since utilization is 70% of effective capacity , the actual output of the process = Utilization x Effective Capacity
= 0.7 x 200
= 140 per hour
Thus, the actual output of the process is 140 per hour
Find a current news article (within one week) related to business or technology. Your article can be from a newspaper, the
Internet, or a magazine. You should then use the attached organizer to record information from your article.
2. Using the information from your organizer, write a summary of your current event article.
The summary should include:
• the article headline
• the name of the source of the article
• who the article is about
• what the article is about
• where the events take place and when the events take place
• 2-3 important events or information that help the audience understand what
your article is about
• an explanation of why you chose the article – please do not say you selected it
because it was interesting. Instead address why the information is important,
how you feel about it, what action you think should be taken, or what you
would do to solve the problem. **This is very important and should be at
least 3-4 sentences.
3. Neatly complete the Current Events Report form. You may type your final report if
you prefer.
4. Staple your Current Events Report form and article together to be turned in.
5. Be prepared to read your summary to the class and to answer any relevant questions.
PART 1:
Current Events Organizer
(This does not need to be turned in. This is for planning purposes only)
A good newspaper article always includes the 5 W’s. When writing your summary,
be sure to include the following:
• Article Headline: ________________________________________________________
• Name of your source; newspaper, website, magazine (underlined):
___________________________________________________________________________
• What is the article about?:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
• Where does it take place?: ________________________________________________
• When does it take place?: _________________________________________________
• Other important details:
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
• Why did you choose this article? (Do not say, “Because it was interesting.”
Instead, address why the information is important, how you feel about it, what
action you think should be taken, or what you would do to solve the problem.)
**This is very important and should be at least 3-4 sentences.
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
TURN IN PART 2:
Name ______________________________ Date _________________________
Current Events Report
Article Title: _______________________________________________________________
Source: ____________________________________________________________________
Article Date: __________________________________
News Type: World United States Local Sports
Weather/Technology/Economy/Politics
Summary:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
Answer:
Everyone has seen organizations and agencies make a case for their cause on the television, newspaper and radio. We have all heard stories about how a media consultant has helped improve a political candidate's image by cleverly manipulating the press. There are many ways you can use the media to the benefit of your cause. This section introduces you to working with the media.
WHAT ARE THE MEDIA AND MEDIA ADVOCACY?
Media, which is the plural form of 'medium', are the forms of communication – television and radio; newspapers, magazines, and written materials (or "print media"), and, more often now, the Internet – used to spread or transmit information from a source (which can be a person, an organization, a business, an institution, a government agency, a policy maker, or another media outlet) to the general public.
Advocacy means openly supporting a certain viewpoint or group of people. If you are an advocate for a specific cause, you work to persuade local, state, or federal governments or other entities to grant specific rights, make policy changes, provide money, or create new laws for the good of your cause. For example, if you have a child with a disability, you might advocate for the increased availability of medical services for handicapped children in your city.
Media advocacy is the use of any form of media to help promote an organization's or a company's objectives or goals, which come from the group's vision and mission. For example, suppose you’re a media advocate for a non-profit agency working to reduce gang violence in your neighborhood. You would try to present neighborhood issues related to gang violence and the changes you want to make in such a way that you:
Change the way community members look at gang violence. You might want to make it clear who it affects and why, or why kids get involved in gangs in the first place.
Create a reliable, consistent stream of publicity for your agency's issues and activities, including articles and news items about the causes and results of gang violence and about what your agency’s work entails; personal interest stories; success stories; interviews with agency staff and current and former gang members, etc..
Motivate community members and policy makers to get involved. You probably have ideas about what could be done with public funding, or with government policies that addressed gang violence. You might have volunteer opportunities, or want to publicize a city- or state-sponsored initiative that needs public input and support. Or perhaps you’re trying to raise money for your work. The media can help with all of these...if you know how to work with them.
Media advocates, or the people who work to attract publicity for organizations and causes, know that the media can get a public or social policy message across to the largest audience possible in the least amount of time.
As a media advocate, you can use the media to:
.
Explanation:
Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?
Answer:
$4.29
Explanation:
Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services
Total amount paid = total price of items purchased + tax amount
total price of items purchased = $0.99 + $2.25 + $0.75 = $3.99
Tax amount = 0.075 x $3.99 = $0.299
Total amount paid = $4.29
what term is defined as the state or condition of being free from public attention to the degree that you determine?
The term that is defined as the state or condition of being free from public attention to the degree that you determine is privacy.
The word "privacy" comes from the Latin word "privatus", which means "set apart" or "withdrawn". In the context of information technology, privacy refers to the ability of individuals to control the extent to which their personal information is collected, used, and shared.
There are many different aspects of privacy, including:
Physical privacy: This refers to the ability to control who has access to your physical space. For example, you might choose to close the curtains in your bedroom to keep people from looking in.
Information privacy: This refers to the ability to control who has access to your personal information. For example, you might choose to not share your phone number or email address with people you don't know well.
Decisional privacy: This refers to the ability to make decisions about your life without interference from others. For example, you might choose to not have children, even if your family or friends pressure you to do so.
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One of the purposes of studying economics is to understand the
Answer:
Individuals, businesses and governments are all faced with making choices in situations where resources are scarce. This is where a knowledge of Economics is vital. Economics applies to most aspects of everyday life. By studying Economics you will examine topics of obvious importance to human well-being.
Explanation:
Answer:
D: principles that influence the production of goods and services.
Explanation:
on edge! hope this helps!!~ (゜▽゜;)
The composition of the Fingroup Fund portfolio is as follows: Required: If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 150.000 shares of stock E at $30 per share and 150,000 shares of stock F at $40 per share, what is the portfolio turnover rote?
To calculate the portfolio turnover rate, you need to determine the total value of the stocks sold during the year and divide it by the average value of the portfolio.
Given the information provided, the portfolio manager sells all the holdings of stock D. However, we don't have any information about the quantity or price of stock D, which is necessary to calculate the value of stock D sold. If you can provide the number of shares and the price of stock D, I can assist you further in calculating the portfolio turnover rate.Calculate the total value of stocks sold:
Since stock D was sold, the total value of stocks sold is $50x (as calculated in step 1).
Calculate the portfolio turnover rate:
Portfolio turnover rate = Total value of stocks sold / Average value of the portfolio.
Portfolio turnover rate = $50x / $6,833,333.
Please provide the value of x (the number of shares of stock D sold) in order to calculate the exact portfolio turnover rate.
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hich of the following are included in the summary of significant accounting policies included in the notes to the financial statements? (select all that apply.) multiple select question. choice between lifo and fifo. items included in cash and cash equivalents. supporting calculations for income taxes. method of depreciation.
The following is a summary of important accounting policies included in the notes to the financial statements:
Depreciation methodItems included in cash and cash equivalentsSupports calculations for income taxChoice between LIFO and FIFO (if any)Accounting policies refer to the specific principles, bases, conventions, rules and practices that companies follow in preparing their financial reports. This policy outlines how the company recognizes, measures and presents financial information in its financial statements. A summary of important accounting policies is usually included in the notes to the financial statements, and is intended to provide additional information about how a company's financial statements are prepared, and to assist the reader in understanding the company's financial performance and financial position.
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Answer:
Explanation:
yea i he is right i am edunuidty helper
The Law of Demand states that as...
A. As prices increases Quantity demand increases
B.As price increases quantity demand decreases
C.Price changes have no effect on quantity
D.Price changes shift the demand left or right
Answer:
b is ur answer
Explanation:
Answer:
A
Explanation:
The more people want something the more valuable it is. Like when new shoes or the new PS or Xbox are released are cases of Law of Demand
Scenario 3: Buying a cell phone plan It’s time to buy a new cell phone plan, and you will be paying for this one yourself. The providers offer a lot of options, and your budget is limited. What financial information do you need? What financial decision-making strategies can you use? (Cost comparison, cost-benefit analysis, calculating future expenses, or budgeting?)
Answer:
hi bestie
cost comparison
Explanation:
Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?
I got it
is retail trade
and 7%
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer:
Retail Trade
7%
Explanation:
Edge 2020
What is your starting salary?
A. How much you are paid during your first year of working.
B. The average amount people are paid for working that job.
C. How much you pay in taxes during your first year.
D. The average amount people are paid in your local area only.
the payback method group of answer choices is a complex method of analysis. is infrequently used. incorporates the time value of money. ignores benefits and costs that occur after the project has paid for itself.
The payback method group of answer choices is a complex method of analysis.
The payback method can be valuable tool for analysis when used properly to determine whether a business should undertake a particular investment.
The payback method evaluates how long it will take to "pay back" or recover the initial investment.
The payback period is the length of time or takes to recover the cost of an investment or the length of time an investor needs to reach a breakeven point.
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The type of insurance that protects the driver who is at fault against claims to pay the costs related to injuries of other people is?
Liability Insurance is the type of insurance that protects the driver who is at fault against claims to pay the costs related to injuries of other people is
What does liability insurance cover on a car?In the event that you are at fault for an accident, liability coverage will cover any property damage and/or injuries to third parties. Most states require this coverage in order for you to lawfully operate your vehicle. Property damage and bodily harm are the two categories under which liability insurance is divided.
When someone is legally responsible and at fault for another person's injuries or destroys someone else's property, liability insurance is essential. As a result, liability insurance is frequently referred to as third-party insurance. Because it only covers the costs of injuries and damage to the other vehicle if you are at fault in an accident, liability insurance is typically the most affordable kind of auto insurance.
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1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 marks)
2.What happens to the Demand Curve of a Good X if the price of Good Y (a
substitute good) increases?Explain why the demand curve for Good X changed?(3 marks)
3.What type of demand would there be for a good that had NO substitutes? explain(2 marks)
4.There is an expectation that the
price of the product will soon
fall, what happens to demand(2 marks)
class 10 icse economics applications- chapter- demand pls help me i need urgent answer i will be very grateful pls help me
Answer:
1. Demand for good X is Elastic
2. The demand curve for good X shifts outward or rightward.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Elasticity of demand for good X = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded = (150 / 110) - 1 = 0.364 = 36.4%
percentage change in price = (9/10) - 1 = 0.1 = -10%
Elasticity = 36.4 / -10 = -3.64 = 3.64
the coefficient of elasticity is greater than one, so demand is elastic
2. Substitute goods are goods that can be used in place of another good.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
Potential factors that influence alcohol and other drug use do not include genetics and marketing of alcohol. true/false
The statement is false because both genetics and marketing of alcohol can be potential factors that influence alcohol and other drug use.
Genetics can play a role in how individuals process and respond to alcohol and other drugs, potentially increasing their risk for developing addiction. Marketing of alcohol can also influence attitudes and perceptions towards drinking, leading to increased consumption.
Other potential factors that can influence alcohol and drug use include peer pressure, trauma, mental health disorders, and social and cultural norms. It is important to understand these various factors in order to prevent and address substance abuse.
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Owners of florida homesteads can deduct $50,000 of the assessed value for properties valued at more than __________.
Explanation:
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