题目内容

A company has determined that the quantity of that company's product demanded increases by 5 percent when price is reduced by 10 percent. That company's elasticity demand is best described as:

A.

A. unitary elastic.

B.
B. perfectly elastic.

C.
C. relatively inelastic.

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If the price elasticity of demand for a good is 4.0, then a 10 percent increase in price would result in a: ()

A. 4% decrease in the quantity demanded.
B. 10% decrease in the quantity demanded.
C. 40% percent decrease in the quantity demanded.

Which of the following is least likely among the usual investment constraints that should be considered()

A. Tax concerns and Legal factors.
B. Adherence to the Standards of Practice.
C. Unique needs and Preferences.

An analyst gathered the following information about Fallow Corporation

A. Current dividend (DO) per share
B. $ 1.00
C. Required rate return
D. 15.0%
Expected annual growth rate for next two years
F. 20.0%
G. Expected annual growth rate for year three and thereafter
H. 5.0%

According to U.S. GAAP, the assets and liabilities of a financial subsidiary do NOT have to be consolidated when the parent company owns:

A.

A. 50% or less of the subsidiary.

B.
B. less than 50% of the subsidiary.

C.
C. less than 55% of the subsidiary.

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