Suppose When the Price of Calculators Is $18,the Quantity Demanded

question 47

Multiple Choice

Suppose when the price of calculators is $18,the quantity demanded is 90,and when the price is $22,the quantity demanded drops to 70.Using the mid-point method,the price elasticity of demand is:

• A) 1.25
• B) 25 percent
• C) 20 percent
• D) 25

Explain the distinctions between different types of investments (foreign direct and portfolio) and their impacts on the economy.

Identify factors contributing to variations in economic growth rates among countries.

Recognize the significance of technological knowledge and human capital in enhancing productivity.

Analyze the role of policy orientations (inward vs. outward) and their effects on economic growth.

---

Definitions:

Discount Rate

A rate utilized in the process of discounted cash flow analysis for determining the present value of future cash flows.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in alignment with the goal of maximizing investor wealth.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.

Intangible Benefits

Non-quantifiable advantages or value derived from a project, service, or product, such as brand recognition or customer loyalty.