Draw a graph AND calculate the price elasticity of the demand for chocolate bars if the price goes from $2 to $3, causing you to change your weekly consumption from 8 bars per week to 5. Show all work and explain what the outcome means to a business!

Answers

Answer 1
Answer: The formula for the price elasticity is given by
e = [(Q2 - Q1) / Q1] / [(P2 - P1) / P1]
Substituting the given values
e = [(5 - 8) / 8] / [(3 - 2) / 2]
e = -0.75
The demand is inelastic since the elasticity is less than 1. The graph would be a line sloping towards the left.

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As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's biggest-selling drugs. She decides to sell her shares of stock before the information is made public. Since she used confidential information to make her decision, she is guilty of _____.A. whistle blowingB. fair tradeC. insider tradingD. benchmarking

Answers

The stock market is a market where shares are traded. These shares determine their value with the help of determinants like demand ,supply and other factors which result in the profits and losses for share traders.

Insider Trading

  • When any person uses the inside material information to gain unfair advantage by selling , buying or trading in shares without that information being publicly available for others than it is said to be as insider trading.

  • Insider trading is a punishable offence and is strictly prohibited by Securities Exchange Board Of India.

Therefore the CEO was having and inside information about government policies and she used that information for gaining undue advantage, so can be said as guilty of insider trading, OPOTION C is correct.

Learn more about Insider trading here:

brainly.com/question/5654856

Answer:

The correct answer is (C)

Explanation:

Simone the CEO of a pharmaceutical company has sold company stock because of inside information. Any trade which results due to inside information is known as insider trading. Any information which is not public is known as inside information that leads to abnormal profits. Government, company owners and stock market officials are the ones who generally have such type of information.

A bank line of credit is a prearranged loan amount that you can access my writing specific checks true or false

Answers

Answer: True

A bank line of credit is a prearranged loan amount that you can access by writing specific checks

Explanation:

A line of credit (LOC) refers to a type of loan extended to an individual, organizations or government which establishes the maximum loan amount a customer can borrow. It is a form of arrangement between a financial institution and its customer. It is an open-end credit account that enables borrowers to spend money, repay it, and spend it again. A customer or borrower can access funds from the line of credit in agreement with the maximum amount that is agreed upon because he or she must not exceed the limit. The loan on the line of credit must be paid back within a specified time and at a specified interest rate. It allow a borrower to write checks (drafts) in order to access the loan.

I'm not 100% sure but I think that its, true?

How do individuals & business benefit from
economic freedom?

Answers

Answer:

The benefit are

1. free markets,

2. rule of law,

3. protection of private property,

and

4. open trade—

that boost prosperity and reduce costs

Explanation:

Please mark me as brainlist answer

Good Life Inc. is a luxury condominium-building company that is based in the country of El Verdad. It sells highly priced homes to consumers in El Verdad as well as to consumers in other countries. It has extremely high brand loyalty. The industry it operates in is characterized by low pressure for local responsiveness and low pressure for cost reductions. In this scenario, GoodLife Inc. most likely pursues a(n) _________ strategy.a. localization
b. multidomestic
c. transnational
d. international

Answers

Answer:

d. international

Explanation:

Based on the information provided within the question it seems that GoodLife Inc. most likely pursues an international strategy. This is a business strategy in which the company's subsidiaries which are located internationally act completely independently as if they were local company's, with very little intervention from the parent company. Which is what GoodLife Inc seems to be using since they sell highly priced homes to consumers in El Verdad as well as to consumers in other countries.

How many McDonald's are there in the whole world?

Answers

There are about 36,899 McDonald's restaurants all over the world, where more than 375,000 people are employed, as of the end of 2016. These restaurants can be found in more than 120 countries on Earth, and they serve roughly 68 million customers each day, which makes them one of the most used chains of restaurants ever.

Answer: There are about 36,899 McDonald's restaurants all over the world, where more than 375,000 people are employed, as of the end of 2016. These restaurants can be found in more than 120 countries on Earth, and they serve roughly 68 million customers each day, which makes them one of the most used chains of restaurants ever.

The government predicts that ___________ of all jobs will require at least some college by 2018.Choose one answer.
a. two-thirds
b. one- half
c. three- tenths
d. all of jobs

Answers

The answer is A)two-thirds.

Answer:

two thirds of jobs will need college education by 2018