Reference no: EM131929464
Problem
Gasoline prices drop again! Even with the expected increase in demand due to the 4th of July holiday, prices dropped again to the lowest level in about 12 years. Why? Partly because of the increase in the total world supply of oil and the U.S. expansion of shale and fracking production.
Read the following article from CNN: Gas prices are falling fast which helps explain this shift.
Is gasoline elastic, unitary elastic, or inelastic?
Choose one of the following to discuss:
1. Find information online about the price of homes in your community. Are they going up, staying the same, or going down, and why? Is the demand for housing elastic, unitary elastic, or inelastic?
2. Automobile sales have been slower than in the past, with many companies offering rebates, discounts, and low financing. Find information online about why companies are lowering prices. Is the demand for automobiles elastic, unitary elastic, or inelastic?
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Determine the basic earnings per share
: On April 1, 2014, the company issued an additional 600,000 shares of stock for cash. Determine the Basic earnings per share
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What is the expected return on portfolio
: What should the price of the stock be if instruments of similar risk are paying 12%? What is the expected return on a portfolio which is 120% in GE and -20% in
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Confidence interval for the population mean
: The sample mean is found to be x overbar equals x=120.9 and the sample standard deviation is found to be s equals s=13.2.
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Prepare entry to record the issuance of bonds and warrants
: On May 31, 2013, Core Company issued 1,000, 14%, 10-year $1,000 bonds at 106. Prepare the entry to record the issuance of the bonds and warrants
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Find information online about price of homes in community
: Find information online about the price of homes in your community. Are they going up, staying the same, or going down, and why?
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Population proportion of employed individuals
: Construct a? 99% confidence interval for the population proportion of employed individuals who work at home at least once per week.
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Describe plans for conducting an environmental scan
: Describe plans for conducting an environmental scan. The environmental scan is a process in which stakeholders gather and interpret relevant data on an agency.
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Confidence interval for the mean number of books people
: Construct a 99?% confidence interval for the mean number of books people read. Interpret the interval.
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What you believe cp attempts to provide for an organization
: Describe what you believe is the most important CP consideration for an organization. Provide a rationale for your answer.
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