Perfectly elastic - Study guides, Class notes & Summaries

MANAGEMENT ADVISORY SERVICES QUESTIONS AND ANSWERS THEORY 1. Which of the following costs should consider the tax shield effect in computing the costs of capital? A A. Cost of debt B. Cost of common stock C. Cost of preferred stock D. Cost of retained earnings 2. Which of the following is not considered in the cash conversion cycle? B A. Receivable collection period B. Debt repayment period C. Inventory conversion period D. Payable deferral period ...

currently is charging 25 cents per cup, but she wants to adjust her price to earn the $50 faster. If you know that the demand for lemonade is elastic, what is your advice to her? - ANSWER Lower the price to increase total revenue For which of the following goods is the income elasticity of demand likely lowest? - ANSWER water Assume that a 4 percent increase in income results in a 2 percent increase in the quantity demanded of a good. The income elasticity of demand for the good is - ANSWE...

If the price of good X rises and the demand for good X is elastic, then the percentage __________ in quantity demanded is __________ the percentage rise in price, and total revenue __________. -fall; greater than; falls -fall; less than; falls -rise; greater than; falls -fall; greater than; rises correct answers fall; greater than; falls Suppose that when the price of a good rises from $12 to $14, the quantity demanded of that good falls from 220 units to 180 units. What is the approximat...

Determinants of Price Elasticity of Demand - Answer Availability of substitutes, Luxury or Necessity, The share of total budget, time dimension Availability of substitutes - Answer greater the number of substitutes, the more ELASTIC the demand, when all firms in a market produce products which are perfect substitutes for each other, the demand is perfectly elastic Luxury or Necessity - Answer A product is a luxury will have more elastic demand than a product deemed necessity. Luxury ...

CFA Level 1 question and answers 100% correct 2024George Hutchins, CFA, would like to perform a paired comparisons test on returns for the stocks of two real estate investment trusts. The test statistic that Hutchins should select for the paired comparisons test is the: - correct answer t-Stat Effective annual yield Money Market Yield - correct answer EAY = [(1 + HPY)^(365 / t)] − 1 rMM = HPY × (360/t); In the short run, a perfectly competitive firm's supply curve is: - correct answ...

CFA Level 1 question and answers 100% correct 2024George Hutchins, CFA, would like to perform a paired comparisons test on returns for the stocks of two real estate investment trusts. The test statistic that Hutchins should select for the paired comparisons test is the: - correct answer t-Stat Effective annual yield Money Market Yield - correct answer EAY = [(1 + HPY)^(365 / t)] − 1 rMM = HPY × (360/t); In the short run, a perfectly competitive firm's supply curve is: - correct answ...

Edexcel A Level Economics All Diagrams Study Guide 100% Correct |Graded A+| Production Possibility Frontier Supply and demand diagram showing equilibrium Supply and demand surplus Increase in demand Decrease in demand Increase in supply Decrease in supply Consumer surplus Producer surplus Inelastic demand Elastic demand Unitary elastic demand Perfectly elastic demand Perfectly inelastic deman

UGBA 101A Midterm 1steep supply/demand curves - correct answer large changes in price/small changes in quantity shallow supply/demand curves - correct answer small changes in price/large changes in quantity elasticity - correct answer price elasticity of demand formula - correct answer E^D=%∆Q^D/%∆P price elasticity of supply formula - correct answer E^S=%∆Q^S/%∆P what happens when PED is high - correct answer small changes in price result in large changes in quantity dem...

Which of the following is NOT a determinant of market structure? correct answers The capital-labour ratio of the firm The term "perfect competition" refers to correct answers a type of market structure In economics, perfect competition refers to a market structure where correct answers each firm has zero market power A firm is said to have "market power" only when correct answers it has the ability to influence the price of its product The theory of perfect competition is built o...

14977 The ratio of shear stress and shear strain of an elastic material is[SSC JE AN] 1) Modulus of rigidity 2) Both Modulus of rigidity and Shear modulus 3) Young's modulus 4) Modulus of Elasticity correct answers B 5 14976 Ab and Ac are the cross sections of bronze and copper bars of equal length . Σb,Σc are their respective stresses due to load P. If Pb and Pc are the loads shared by them [SSC JE AN] A.=σbσc=EbEc B.P=Pb+Pc C.P=AbΣb+AcΣc D.All options are correct ...