If a 3% increase in the price of corn flakes causes a 6% decline in the quantity demanded, what is the elasticity of demand?

The higher the price, the fewer goods or services consumers will demand. Conversely, the lower the price, the more goods or services they will demand. Select one: True False

If the change in #1 and the change in #3 happened in concert (at exactly the same time), what do you predict will happen to the equilibrium price and equilibrium quantity exchanged of Charmin toilet paper?  Explain your thinking in words (text) and illustrate on a fully labeled graph (yes a third one!).  Provide a legend for your graph as well.

The law of demand states that as the price of a good increases: more of it is produced. O buyers desire to purchase less of it. O government will start to regulate it. O suppliers wish to sell less of it.

According to the Quantity Theory of Money, the Federal Reserve reducing reserve ratio will lead to _______ money supply which will only lead to _______   higher, inflation lower, inflation higher, booms lower, booms.

answer the question

Toyota is filling an order from a Korean industrial company for machinery worth 160,000,000 Won. The export sale is denominated in Korean Won and is on a one-year open account basis. The opportunity cost of funds for Kristo Asafo Tools Ltd is 8%. The Current spot rate between Won and Dollars is 800 Won/$. The forward Won sells at a discount of 12% per annum, but the finance staff of toyota Believes that the Won will drop only 9% in value over the next year. Toyota faces the following choices This question compares the cost of a money market hedge with a forward hedge, and considers both alternatives against the possibility of remaining unhedged.Wait one year to receive the won amount and exchange Won for dollars at that time.Sell the Won proceeds of the sale forward today.Borrow Won from a Seoul bond at 20% per annum against the expected future receipt of the Korean importer’s payment.What do you recommend and why?

Which of the following scenarios would cause the price of avocados to rise? Select all that apply. An increase in the supply of avocados An increase in wages paid to avocado farm workers Better infrastructure reduces the cost to transport avocados A return to sanity where people put jelly on their toast instead of avocado A reduction in tariffs on avocados imported from Mexico An increase in demand for avocado toast

“Suppose that you have been given a summer job at J limited, a company that manufactures sophisticated radar sets for commercial aircraft. The company, which is privately owned, has approached a bank for a loan to help finance its tremendous growth. The bank requires financial statements before approving such a loan. You have been asked to help prepare the financial statements and were given the following list of costs: The cost of the memory chips used in a radar set. Factory heating costs. Factory equipment maintenance costs. Training costs for new administrative employees. The cost of the solder that is used in assembling the radar sets. The travel costs of the company’s salespersons. Wages and salaries of factory security personnel. The cost of air-conditioning executive offices. Wages and salaries in the department that handles billing customers. Depreciation on the equipment in the fitness room used by factory workers. Telephone expenses incurred by factory management.…

Assume the following scenario Company A Company B Company C (Wants Fixed) (Wants Float) (Wants Float) Fixed 8% Float 7% Amount $1,000,000 7% 8% $500,000 10% 10% $500,000 How much does each company save by engaging in interest rate swaps if we assume each company shares the benefits evenly with their counterparty.