8. If the price of a good changes from £5 to £4 and demand change from 100 to 120 units, the PED
will be...
(1 Point)
-0.25
-1.0
-0.2
-2.0

Answers

Answer 1

Answer:

Explanation:

dvsf


Related Questions

Match each business model with the advantage it brings.​

Answers

Answer:

1. Subscription.

2. Bait and Hook.

3. Cutting out the Middleman.

Explanation:

Some of the commonly used business models across the world include the following;

1. Subscription: steady revenue and predictable profits. It is a business model which typically involves customers paying a recurring fee or price (revenue) for the use of a particular product or service. These customers are usually charged either on a monthly or annual basis. An example is the subscription for paid cable tv by various customers.

2. Bait and Hook: attractive prices for basic product. It is also referred to as the razor and blade business model. Bait and Hook typically involves selling a product at a very low price so as to gain the attention of the buyer and selling a complementary product (refill) to the same buyer at a very high price. An example is a mobile phone (bait) and airtime plus data (hook).

3. Cutting out the Middleman: reduction in transaction costs and processing time. It typically involves the elimination of an intermediary (middleman) in the supply of goods and services to the end users or customers.

An example is the business to consumer (B2C) company such as Walmart, Uber, etc.

1. What is the current balance that Joe Doe owes? $1270.54

2.What is the total amount that Joe charged for this billing cycle?

a. List the purchases that Joe made.

3. How much did Joe pay for his last payment?

4. Why was Joe charged $35 by the credit card company?

5. How much interest was Joe charged for this month?

6. What is the credit limit that Joe has for this credit card?

a. What is Joe’s available credit?


7. What is APR for purchases for this credit card?

8. What is the minimum payment amount that Joe must make?

9. When is the due date for Joe to make a payment?

10. Did Joe take a cash advance on this credit card?

11.Why did you think the federal government requires that financial institutions place a “Total Minimum Payment Warning” on all credit card statements?

Answers

Explanation:

1. $1270.54. This is evident since this was written at the bottom of the credit card statement.

2. $500. We find this under the row for payments.

Purchases made:

3/25 Groceries land: $1423/27 Book store: $334/1 Restaurant: $1254/19 Bob's Auto: $425

3. $500

4. Because he made late payments and it comes with a $35 penalty fee as stated in the credit policy of the company.

5. $10.54.

6. $5,000 credit limit, and $3,729.46 is Joe's available credit line.

7. Purchases: 13.99%, Balance transfers: 13.99%, Cash Advances: 25.99.

8. $25.

9.  4/29/19.

10. No, because there is no cash advance charge on the statement.

11. In other to inform the card-holders about the financial burdens attached to paying only the minimum payment due.

PLZ HELP ME!!!!!!

Which statement about credit card interest rates is TRUE?

A.) The more money you spend on purchases, the higher your interest rate will be

B.) A high interest rate means you'll pay MORE money total

C.) A high interst rate means you'll pay LESS money total

D.) Most credit cards do not charge any interest rate

Answers

Answer:

I think its A?

Explanation:

A or B it’s probably A but there is a chance it’s B SORRY ITS REALLY HARD TO CHOOSE FROM THE TWO! :3

what is a withdrawal account classified as? (Asset, Liability,Owners equity,Revenue,or Expense account)

Answers

Answer:

Asset

Hope it helps.

Have a good day

What is an index fund? Explain in your own words.

Answers

Answer:

An index fund is a mutual fund or exchange trade fund designed to follow certain present rules so that the fund can track a specified basket of underlying investments

I need help asapppppp!

Answers

B) Internet bank i think

22. Akshay worked at a cafe while he was a college senior in Boston,
Massachusetts. After graduating in June, he moved back to his home in
California and started a full-time job in September. Which of the following
statements is true?

Answers

Answer: The answer is C

Explanation: I got this correct on a test

It is a good idea to share you PIN and all passwords with friends and family, just in case you forget.
O True
O False

Answers

Answer:

that depends on your family, but it would be true, i would write them down, plus if you dont your parents would be stuck in a loop. (have a few private ones lol)

Explanation:

process
of dividing a large market into smaller groups ​

Answers

Answer:

Market segmentation

Explanation:

Market segmentation, the process of dividing a larger market into smaller pieces based on one or more meaningful, shared characteristics, is a way of life for almost all marketers in both consumer and business-to-business markets.

can you please mark me 'Brainliest'? thanks

The price of a ranchette estate is $260,000. The bank requires a 15% down payment and 3 points at the time of closing. The cost of the ranchette is financed with a 30-year fixed-rate mortgage at 7.45%. What is the mortgage amount? *

Answers

Answer:

Missing word "and the cost of one point at the time of closing"

Down payment = $260,000*15%

Down payment = $260,000*0.15

Down payment = $39,000

Amount of mortgage = $260,000 - $39,000

Amount of mortgage = $221,000

Cost of 3 point at the time of closing = 3% of amount of mortgage

Cost of 3 point at the time of closing = 3% * $221,000

Cost of 3 point at the time of closing = $6,630

Why is it important that the whole organization works toward the strategic plan? How do the departments affect each other in reaching their goals?

Answers

Answer:

Its important because if not it will flop and will most likely fail or go into debt, they effect eachother by trying ti be better than the other so a compétition tge whole time.

Explanation:

if this makes sense

The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration

Answers

Answer:

B. Management.

Explanation:

Management can be defined as the process of controlling and making decisions about a business.

The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.

Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.

Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.

How does business generate income?

Answers

Hai!

This depends on the Type of Business.

If it is a Selling Business, they sell stuff to Earn Profit.

If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.  

There is not a deadline for the "T" part of the SMART goal-writing criteria.
2 points
True
False

Answers

True explanation is I know

Answer:

FALSE I know bc I just did it

Explanation:

you've been working for a while, but your sister just got a job and is excited to have some of her "own" spending money. Money burns a hole in her pocket. What are some ideas on how she can save some money?

Answers

Answer:

She can put the money in a savings account and only buy thing she needs not wants.

Explanation:

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