After the price of a Wall Street Journal subscription increases by 5%, subscriptions among
people working in the technology sector declined by 10%, while subscriptions among people
working in the banking sector declined by 2%.
a. Calculate the price elasticity of demand for tech workers and bankers separately

Answers

Answer 1

Subscriptions among people working in the technology sector declined by 10%, After the price of a Wall Street Journal subscription increases by 5%. The price elasticity can be counted by the percentage change in quantity divided by the percentage change in price.

What is Wall Street?

Wall Street is used as an umbrella term to describe the financial markets and the companies that trade publicly on exchanges throughout the U.S. Wall Street has been the historic headquarters of some of the largest U.S. brokerages and investment banks, and is also the home of the New York Stock Exchange.

You'll find most major finance corporations on Wall Street and within the Financial District in Manhattan. Well-known companies include Goldman Sachs, Morgan Stanley, Deloitte, BlackRock.

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Related Questions

Inter1. Interview a business owner/manager on the crisis experienced in the workplace

Answers

The outcome of the interview shows that the crisis experienced in the workplace is due to:

Financial CrisisPersonnel CrisisOrganizational CrisisTechnological Crisis, etc.

What is a business crisis?

This is known to often take place when an unexpected issue comes up and puts the stability of a company or firm at risk.

Therefore, The outcome of the interview shows that the crisis experienced in the workplace is due to:

Financial CrisisPersonnel CrisisOrganizational CrisisTechnological Crisis, etc.

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The business entity assumption is important because?
A. It limits the amount that a company can record for its transactions in the accounting records.
B. It requires that the company record all of its economic transactions in accordance with GAAP.
C. It requires that all transactions be recorded in the period in which they occur
D. It limits economic data in the accounting system to data directly related to the activities of the business

Answers

The business entity assumption is an accounting principle that makes a legal distinction between the transactions carried out by a business.

What do you mean by business entity assumption?

A business entity assumption refers to an accounting principle that makes a legal distinction between the transactions carried out by a business and the transactions of the owner.

It is important because it limits economic data in the accounting system to data directly related to the activities of the business.

Therefore, D is the correct option.

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Paula has saved $8,000 for her college expenses by working part-time. She plans to start college next year and needs all of the money she saved. Which of the following is the safest place for her college money?

Answers

She is supposed to deposit it in a bank

Design a process flowchart for hotel staff who are in charge of getting online room bookings and confirming rooms for customers through emails after receiving their orders with a required deposit.
Your process flowchart needs to solve 2 following situations:
1. Available rooms matching demand. 2.Out of room

Answers

A flowchart allows us to organize the activities that make up a sequential process. In this case, it would be the steps to obtain a hotel room reservation.

What is a flowchart?

Flowchart is a term to refer to a type of representation to represent an algorithm or process. It is used in disciplines such as:

ProgrammingEconomyIndustrial processes.Cognitive psychology.

How to make a flowchart for the situations presented?

To make a flow chart of the situations presented, we must take into account all the activities necessary to complete these procedures, for example:

Rooms available according to demand.Receive confirmation email with deposit required.Get room reservations online.Confirm reservation via email.

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PLEASE ANSWER FAST
__________ are courses that you take to get credit, but which aren’t required to graduate.

A. Esthetics
B. Electives
C. Fine arts
D. Clubs

Answers

Answer:

I think That the answer is B. Electives

Explanation:

Electives are a class that you choose that can give you credit in high school.

If you borrow $5,400 at $800 interest for one year, what is your effective interest rate for the following payment plans? (Input your answers as a percent rounded to 2 decimal places.)

Answers

5400/800 = 0,14814 -> 14,81% Interest rate

Which view is represented below?

Datasheet view
Design view
PivotChart view
PivotTable view

Answers

Answer:

Datasheet view is represented

Answer:

Datasheet view is the answer

Explanation:

A datasheet is a useful way of viewing data in Acces.Most importantly,datasheet view allows a user to view many table records at the same time.In datasheet view,information is displayed in rows and columns-similar to a spreadsheet.Records are displayed as rows,so each row is an individual record.

A management consultant is evaluating the effectiveness of the control systems at AAA Corporation. Which of the following are the characteristics that will be used by the consultant?

Answers

The characteristics that will be used by the consultant in evaluating the effectiveness of control systems are flexible, fast and timely information.

What is a control system?

It corresponds to a system that organizes, commands and controls data transforming them into relevant information for decision making. In an organization, control systems help to broaden the view of organizational performance.

Therefore, an effective assessment of the evaluation of control systems is in relation to the availability and accuracy of the information provided by the system.

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7. When Professor Park travels for business, she always rents her car through Station Rental
Company because no matter the office location they honor her corporate rate. On her most recent
three business trips, Professor Park has rented her car through Station Rental Company and she
received her normal rate for the first two trips to Idaho and Florida, but she received a higher rate
for the last trip to Oklahoma. Professor Park completed an online survey to express her
disappointment that her normal rental rate was not honored at the Oklahoma rental office. This
scenario is an example of which service characteristic?
Omarketability
O inseparability
O variability
O intangibility

Answers

The provided scenario gives an example of variability in the service provided by the rental company.

Option C is the correct answer.

What is meant by corporate rate?

The corporate rate is the fees levied by the hotel or rental company for a stay from their guests.

The variability in service by the rental company can be analyzed from the charging of two standard rates for the initial two trips done by the Park in respect of renting a car. But for the third trip, Park has to give a much higher amount for the same company for the renting service.

Therefore, the levying of higher charges for the third trip creates variability in the rental services provided by the company.

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A friend has been awarded a settlement in a law suit that specifies he be paid $30,000 at the start of each quarter for the next 6 years. Additionally at the end of year 6 he will receive a one-time payment of $500,000.00. He wishes to renegotiate this settlement to a single lump sum payment due today. If we assume that your friend can earn 8% per annum compounded quarterly on sums invested, what is the minimum amount that he should accept in the renegotiated settlement?

Answers

Based on the amount that your friend will be paid every quarter and the amount he will receive at the end of 6 years, the minimum amount he should take is $889,616.

What amount is the minimum your friend should accept?

The amount your friend will receive is constant so this is an annuity. It is an annuity due because it comes at the start of the period.

The minimum amount your friend should take is:

= Present value of annuity due + Present value of end of 6 year payment

The period is:                                                  The rate is:
= 6 years x 4 quarters                                     = 8% / 4 quarters

= 24 quarters                                                   = 2% per quarter

The minimum amount is:

= (Annuity x Present value of Annuity Due interest factor, 2%, 24 periods) + (500,000 x Present value factor, 2%, 24 periods)

= (30,000 x 19.2922) + (500,000 x 0.6217)

= $889,616

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1. Describe a company that you think uses advertisement well as a promotional strategy.
What do you think makes their advertisements successful? (1-5 sentences. 2.0 points

Answers

Answer:

Coco-Cola.

Explanation:

Because of how many ads they put on tv this is my answer.

Nihon Company had the following transactions involving notes payable.

July 1, 2017 Borrows $50,000 from First National Bank by signing a 6-month, 12% note.
Dec. 31, 2017 Prepares adjusting entries.
Apr. 1, 2018 Pays principal and interest to First National Bank.

Prepare journal entries for each of the transactions.

Answers

The preparation of the journal entries for each of the transactions for Nihon Company is as follows:

Journal Entries:

July 1, 2017 Debit Cash $50,000

Credit Note Payable (First National Bank) $50,000

To record the receipt of loan on note payable at 12% for 6-months.

Dec. 31, 2017 Debit Interest Expense $3,000

Credit Interest Payable (First National Bank) $3,000

To accrue interest expense.

Apr. 1, 2018 Debit Interest Expense $1,500

Credit Interest Payable (First National Bank) $1,500

To accrue interest expense.

Debit Note Payable (First National Bank) $50,000

Debit Interest Payable (First National Bank) $4,500

Credit Cash $54,500

To record the payment of note payable and interest.

Transaction Analysis:

July 1, 2017 Cash $50,000 Note Payable (First National Bank) $50,000

a 6-month, 12% note.

Dec. 31, 2017 Interest Expense $3,000 Interest Payable (First National Bank) $3,000

Apr. 1, 2018 Interest Expense $1,500 Interest Payable (First National Bank) $1,500

Note Payable (First National Bank) $50,000 Interest Payable (First National Bank) $4,500Cash $54,500

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Global marketing strategies that affect customer volume include strategies that: Attract new customers to grow in market share. Grow the market demand by bringing more customers into a market. Enter new markets to create new sources of customer volume Require some level of marketing effort to achieve a certain level of market share. A. (i), (iii) and (iv) B. (i), (ii) and (iii) C. (i) and (ii) only D. (i), (ii), (iii) and (iv)

Answers

The option D is true as all the statements refers to the global marketing strategies that affect the customer.

What are Global marketing strategies?

Global marketing strategies are a part of an overall business plan. It is the process of adjusting the marketing strategies of a company to better fit the needs of potential customers in other countries.

Entering a new international market can give a company access to a new customer base, which can increase company revenue.

This may also have several other benefits, such as reduced labor costs, access to additional resources, and the ability to diversify risks.

Hence, Option D is true as it covers all the Global marketing strategies that affect customer volume.

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How effective is it to try to find someone else who may be able to do the interview? (0.5 hours)

Answers

It can be deduced that it is highly effective is it to try to find someone else who may be able to do the interview.

What is an interview?

It should be noted that an interview simply means a meeting of people face to face to discuss on a particular issue.

In this case, it can be inferred that can be deduced that it is highly effective is it to try to find someone else who may be able to do the interview.

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Easy question 20 points……..

Answers

Answer:

The correct answer is A.

Explanation:

The “intrusion of solitude” means that someone can sue regarding an invasion of privacy tort.

Tax incidence is concerned with tax loopholes.
Please select the best answer from the choices provided
Т
F

Answers

Answer:

F

Explanation:

Tax incidence is concerned with tax loopholes. FALSE.

The belief that taxes should be paid based on benefits received, despite total income, is known as the benefit principle of taxation.

Cryptocurrency is a form of payment that:
A. can be exchanged online for goods and services.
B. can only be exchanged for specific things.
C. can be used for digital or face-to-face transactions.
D. exists online and in local banks.

Answers

Answer:

The answer is A. can be exchanged online for goods and services.

Explanation:

Cryptocurrencies are used primarily outside existing banking and governmental institutions and are exchanged over the Internet.

1. What are the different account titles used in balance sheet account under current assets?​

Answers

Answer:

1. Cash

2. Accounts Receivable

3. Inventory

4. Prepaid Expenses

5. Short-term investments

Which of the following is an example of a secured loan?

A. A student loan
B. A personal loan
C. A car loan
D. A credit card

Answers

A or D I think.. sorry if I’m wrong

Credit Reports
Why is it important to check your credit history? Check all that apply.
to track my current debt
to determine whether I need a loan
to ensure that the information is correct
to monitor my credit score
Oto decide which bills to pay
to plan for future investments

Answers

It is important to check your credit history to

track my current debt

What is credit history?

Credit history helps to show the record of individual transactions including how the person managed his or her credit. This include past transactions.

Therefore, It is important to check your credit history to track my current debt

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contact a research and determine is pepsi and coca cola are duopoly​

Answers

Research shows that Pepsi and Coca-Cola are a duopoly because the two firms control the carbonated beverage industry worldwide.

What is a duopoly?

A duopoly is a form of oligopoly in which two major firms control a market.

With an oligopoly, few firms operate and control the market for a product or service.  But with a duopoly, only two main corporations operate in the market or industry.

Thus, we can conclude that Pepsi and Coca-Cola are a duopoly in the carbonated beverage industry.

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interview a business owner manager on a crisis experienced in a workplace. Attach an interview schedule as part of your oral presentation​

Answers

It is essential to prepare a script with well-structured and organized questions to conduct an effective interview on any topic.

What to ask in an interview for a survey?

The questions must be objective to avoid ambiguity and obtain the answers that will solve your thesis. To interview a company manager about a crisis in the workplace, some questions might be:

How did the crisis arise?What was the risk management plan?How did the company get over it?

Therefore, it is essential that the research is planned and conducted in an organized and structured manner for effective results.

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Activity
Part A: Browse career websites to learn about audiovisual and communications occupations and choose two jobs. Briefly summarize how the Jobs
you chose are related by skills and services offered. Select which occupation you would like to pursue.

Answers

Answer:

we can't answer this. this is your opinion.

This is your own opinion

Explain how the open market works through the balance sheet of the central bank and related entities?

Answers

Answer:

Open market operations (“OMOs”) are the central bank's primary tool of monetary policy. If the central bank wants interest rates to be lower, it buys bonds. Buying bonds injects money into the money market, increasing the money supply.

On October 1, 2018, Pennington Company issued a $90,000, 10%, nine-month interest-bearing note.

1) Record the adjusting entry for interest expense at Dec 31, 2018. Also,

2) journalize the payment of the note on July 1, 2019.

Answers

1) Recording the adjusting entry for Interest Expense on December 31, 2018, for Pennington Company is as follows:

Adjusting Journal Entry:

December 31, 2018

Debit Interest Expense $2,250

Credit Interest Payable $2,250

To accrue interest expense for 3 months.

2) July 1, 2019

Debit Interest Expense $4,500

Credit Interest Payable $4,500

To accrue interest expense for 6 months.

Debit 10% Note Payable $90,000

Debit Interest Payable $6,750

Credit Cash $96,750

To record the payment of cash for principal and interests.

Transaction Analysis:

October 1, 2018: Cash $90,000 10% Note Payable $90,000

December 31, 2018 Interest Expense $2,250 Interest Payable $2,250

July 1, 2019 Interest Expense $4,500 Interest Payable $4,500

10% Note Payable $90,000 Interest Payable $6,750 Cash $96,750

Thus, the total interest expense for the note issuance for nine months is $6,750 ($90,000 x 10% x 9/12).

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Communication response time must be faster than in the past to succeed in the modern workplace. please select the best answer from the choices provided t f

Answers

Due to the nature of the work environment now, it is true that communication response time must be faster than in the past to succeed in the modern workplace.

What is communication response time?

Communication response time refers to the time it takes for information passed between two or more persons to be received, processed and responded to by the individuals receiving the information.

The current work environment is fast-paced and requires faster communication response time.

Therefore, it is true that communication response time must be faster than in the past to succeed in the modern workplace.

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10 points easy………………

Answers

Explanation:

The C is the correct answer

As it is pointing to personal harm while all other are not

The drawings account receives a __________ entry when the owner withdraws money for personal use.

A. Debit
B. Credit

Answers

B. Credit

Hope this helps :)
The drawings account receives a DEBIT entry when the owner withdraws money for personal use.

Option A

Hope this helps you :))

An argument for trade tariffs is that it protects infant industries.

Answers

Answer:

The infant industry argument is an economic rationale for trade protectionism. The core of the argument is that nascent industries often do not have the economies of scale that their older competitors from other countries may have, and thus need to be protected until they can attain similar economies of scale.

If the total cost is E1000 and the average fixed cost is E15 when 20 units of output are produced, then the average variable cost at that level of output is the following: a. Impossible to determine b. E45 c. E35 d. E30

Answers

If the total cost is E1000 and the average fixed cost is E15 with 20 units of output, then the average variable cost at that level of output is c. E35.

What is the variable cost?

The variable cost is the cost element that varies with output.

When the output increases, the variable cost increases in total, while remaining the same per unit.

Data and Calculations:

Total cost = E1,000

Average fixed cost = E15

Output = 20 units

Total fixed cost = E300 (E15 x 20)

Total variable cost = E700 (E1,000 - E300)

Average variable cost = E35 (E700/20)

Thus, if the total cost is E1000 and the average fixed cost is E15 when 20 units of output are produced, then the average variable cost at that level of output is c. E35.

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