Question 116
Refer to the graph below. Assuming a consumer has $5 to spend, if a soda costs $0.50 and a chocolate bar costs $0.50, the consumer would optimally choose to consume:
Question 117
Price increases from 10 to 12 dollars and the price elasticity of demand is -0.5. The quantity demanded was 500 units. What will it be now?
Question 118
The Allen Corporation had 100,000 shares of common stock outstanding at the beginning of the year.
Allen issued 30,000 shares of common May 1. On July 1, the company issued a 10 percent stock dividend.
On September 1, Allen issued 1,000, 10 percent bonds convertible into 21 shares of stock each. What is the weighted average number of shares to be used in computing basic and diluted earnings per share
(EPS) respectively, assuming the convertible bonds are dilutive?
Allen issued 30,000 shares of common May 1. On July 1, the company issued a 10 percent stock dividend.
On September 1, Allen issued 1,000, 10 percent bonds convertible into 21 shares of stock each. What is the weighted average number of shares to be used in computing basic and diluted earnings per share
(EPS) respectively, assuming the convertible bonds are dilutive?
Question 119
The minimum price that producers must receive to induce them to produce another unit of a good or service is equal to the good's
Question 120
If a constant were to be added to a set of scores, the standard deviation would: