a lottery winner is given two payment options: receive 131 million dollars in 25 yearly installments of equal size, the first payable immediately, or receive a single immediate payment of 70.3 million dollars. assuming that these plans are of equal value to the state lottery system, what interest rate is the state getting on its investments?

Answers

Answer 1

The plans are of equal value to the state lottery system, the interest rate of the state getting on its investments is 7.45 million dollars.

What is lottery system?

Lottery system is defined as a popular lotto playing tactic that syndicates and individual players employ to increase their chances of winning if they match some of the randomly selected numbers.

Interest rate is defined as the sum that the lender charges the borrower in addition to the principal amount.

Interest rate = ( Simple Interest × 100 ) / ( Principal × Time ).

Interest rate = ( 131 x 100 ) / ( 70.3 x 25 )

Interest rate = 7.45 million dollars.

Thus, the plans are of equal value to the state lottery system, the interest rate of the state getting on its investments is 7.45 million dollars.

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Related Questions

e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)

Answers

Answer:

I would use progressive commission sales, for example:

number of units sold                sales commission

0 - 200                                            2%

201 - 400                                        2.5%

401 - 600                                         3%

601 - 800                                        3.5%

801 - 1,000                                       4%

This way, salespeople will be motivated to sell more units, since they know that their income will increase dramatically as there sales volume increases.

analyse the impact of an enterprise using break even analysis to make business decisions

Answers

Answer:

Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.

what is the meaning of code of conduct in profeession??

Answers

Answer:

Professional codes of conduct draw on these professional ethical principles as the basis for prescribing required standards of behaviour for members of a profession. They also seek to set out the expectations that the profession and society have of its members.

which of the following is not a way a company can achieve a low-cost position? a. customer service b. outsourcing c. production efficiency d. economies of scale

Answers

The option that is not a way a company can achieve a low-cost position is (a) customer service.

While providing excellent customer service is essential for a business's success, it doesn't directly contribute to a low-cost position. Outsourcing involves contracting out specific tasks or functions to external providers, which can result in cost savings due to lower labor costs or specialized expertise. Production efficiency refers to optimizing production processes to minimize waste and reduce costs while maintaining product quality. Lastly, economies of scale occur when a company can produce more significant quantities of a product at a lower cost per unit due to increased efficiency in the production process as the scale of output grows.

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Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,650, $1,850, $1,850, and $2,150, respectively. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Answers

The present value of the payments made for BONDS in years 1, 2, 3, and 4 is $6,307.11. To compute the present value of the given payments with a 7% interest rate, you need to discount each payment to the present using the formula:

PV = FV / (1 + r)^n, where PV is the present value, FV is the future value (payment), r is the interest rate, and n is the number of years.

1st year: PV1 = $1,650 / (1 + 0.07)^1 = $1,650 / 1.07 = $1,542.06
2nd year: PV2 = $1,850 / (1 + 0.07)^2 = $1,850 / 1.1449 = $1,615.82
3rd year: PV3 = $1,850 / (1 + 0.07)^3 = $1,850 / 1.2250 = $1,509.80
4th year: PV4 = $2,150 / (1 + 0.07)^4 = $2,150 / 1.3108 = $1,639.43

Now, add all the present values together:
Total PV = PV1 + PV2 + PV3 + PV4 = $1,542.06 + $1,615.82 + $1,509.80 + $1,639.43 = $6,307.11

The present value of the payments made in years 1, 2, 3, and 4 is $6,307.11.

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the weather channel could use the outcomes of the performance appraisal process to determine the pay raises for employees. awarding pay raises based on job performance is called

Answers

the weather channel could use the outcomes of the performance appraisal process to determine the pay raises for employees. awarding pay raises based on job performance is called merit-based pay.

The practise of tying employee salary to their success at work is known as performance-based pay increases. Through a performance assessment process, employees' job performance is assessed in this method, and the results are used to determine how much they should be paid. This method might be used by the Weather Channel to decide on staff pay rises. Employee performance is assessed against predetermined performance criteria, such as job requirements, job duties, and work expectations, as part of the performance evaluation process. Each employee's performance is evaluated, and the evaluation findings are utilised to decide the pay raise that each employee merits. The degree of performance, years on the work, and length of service of the employee are taken into account when establishing the pay boost.

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what are the effect off high altitude on a compresspr performance?

Answers

At high altitudes, compressors experience reduced air density, decreased mass flow rate, reduced cooling effectiveness, lower power output, decreased efficiency, and increased risks of overloading and overheating.


The performance of a compressor can be affected by high altitude due to several factors. Here are the step-by-step explanations of the effects:

1. Reduced air density: As altitude increases, the air density decreases. Compressors rely on the intake of air to compress and deliver it at a higher pressure. With lower air density, the compressor receives less air per unit volume, leading to reduced compressor performance.

2. Decreased mass flow rate: The reduced air density at high altitude also results in a decrease in the mass flow rate of air through the compressor. This reduces the amount of air available for compression, leading to lower compressor performance and reduced output.

3. Reduced cooling effectiveness: Compressors generate heat during the compression process. Normally, this heat is dissipated through cooling mechanisms such as air or water cooling. However, at high altitudes, the thinner air reduces the cooling effectiveness, leading to increased operating temperatures. Elevated temperatures can negatively impact the compressor's efficiency and performance.

4. Decreased power output: Due to the reduced air density and mass flow rate, the compressor requires more power to achieve the desired compression. This leads to decreased power output, as the compressor may struggle to maintain the same level of performance at high altitudes compared to sea level.

5. Reduced efficiency: The combined effects of reduced air density, decreased mass flow rate, increased operating temperatures, and decreased power output result in reduced overall compressor efficiency at high altitudes. The compressor may operate at a lower efficiency point, requiring more energy input to achieve the same level of compression.

6. Overloading and overheating risks: In some cases, operating a compressor designed for lower altitudes at high altitudes can overload the compressor and cause overheating. The reduced performance and increased demands on the compressor can lead to excessive strain, potentially causing mechanical failures or reduced lifespan.

In summary, high altitude can have several detrimental effects on compressor performance, including reduced air density, decreased mass flow rate, decreased cooling effectiveness, decreased power output, reduced efficiency, and increased risks of overloading and overheating.


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due process of the law protects an individual's

a. liberty and property interests
b. right to prosperity
c. job
d. pursuit of happiness​

Answers

Answer:

a. liberty and property interests.

Explanation:

A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

Thus, law is a tool used by the judiciary, lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior.

In circumstances where there are aberration, the law is enforced as a punishment and penalty for wrongdoings or misdeeds.

Hence, due process of the law protects an individual's liberty and property interests because it ensures the right legal procedures are followed and that all accused are given access (entitled) to a fair trial.

Differentiate among the following.
a. full warranty:
b. limited warranty:
c. implied warranty:

Answers

Full Warranty means the coverage meets the federal minimum standards for comprehensive warranties, while "Limited Warranty" means the coverage does not. ... This is an example of a full warranty. It specifies that the customer has a right to a replacement or a refund if repairs are not possible.

Evelyn enjoys drawing. Even though she has never had formal lessons, she is artistically gifted. Her artistic ability can be referred to as a(n) _____.


aptitude

hobby

job

skill

Answers

Answer:

i think its a hobby bc i put skill and it was wrong

Explanation:

"A profit maximizing firm produces output using capital, K, and
labour, L, in the following production technology:
Y = 2*K^0.5*L^0.5
The rental rate of capital is r=0.21. What is the capital-labour
rate?

Answers

For every unit of labor used in production, the firm employs approximately 0.011025 units of capital.

Given the production technology \(Y = 2K^{0.5}L^{0.5}\) and a rental rate of capital r = 0.21, the capital-labor ratio can be calculated using the formula \(\left(\frac{r}{2}\right)^2 = \frac{K}{L}\). The capital-labor ratio represents the amount of capital (K) used relative to the amount of labor (L) in the production process. To calculate the capital-labor ratio, we need to find the relationship between the rental rate of capital (r) and the production technology.

In the given production technology equation \(Y = 2K^{0.5}L^{0.5}\), we can rearrange it to isolate K/L. Taking the square root of both sides, we have Y^2 = 4KL. Next, we can substitute the rental rate of capital into the equation. Given that r = 0.21, we can rewrite the equation as\(\left(\frac{r}{2}\right)^2 = \frac{K}{L}\).

Substituting the value of r, we have (0.21/2)² = K/L.

Simplifying further, we get (0.105)² = K/L.

Hence, the capital-labor ratio is K/L = 0.011025.

Therefore, the capital-labor ratio in this scenario is approximately 0.011025. This means that for every unit of labor used in production, the firm employs approximately 0.011025 units of capital.

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20Something's new strategy is to enter the European market with scaled-down stores. In what ways does this strategy lessen the financial risk to the company?

Answers

Something's strategy of entering the European market with scaled-down stores lessens the financial risk by reducing the initial investment, lowering operating costs, enabling market testing, and providing flexibility for adaptation.


1. Lower initial investment: By opening smaller stores, the company can reduce the upfront costs associated with establishing a presence in a new market. This includes expenses such as rent, construction, and inventory. With lower initial investment, the company can allocate its financial resources more efficiently and minimize the risk of overspending.

2. Reduced operating costs: Scaled-down stores typically require less staff, have lower utility bills, and require less inventory compared to larger stores. By operating with lower overhead costs, the company can achieve profitability more quickly and mitigate the risk of ongoing financial strain.

3. Testing the market: Opening smaller stores allows the company to test the market and gauge consumer demand without committing significant resources. By starting small, the company can gather valuable insights and adjust its strategy accordingly. This helps minimize the risk of investing heavily in a market that may not be receptive to its products or services.

4. Flexibility to adapt: Scaled-down stores provide the company with greater flexibility to adapt to changing market conditions. If the European market proves to be challenging or different than expected, the company can easily pivot its strategy without the burden of large, fixed assets. This adaptability reduces the financial risk of being locked into an unsuccessful approach.

These measures help the company navigate the new market more effectively and mitigate potential financial risks.
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Why is it important for people to be careful to manage their debts?

Answers

Answer:

A debt management company can help by analysing your situation and giving you good advice on the best debt solution to suit your needs. A debt consolidation loan may also be a good way of arranging your debt and making it easier to pay back

Explanation:

Hope this helped Mark BRAINLIEST!!!

Mary Parker Follett felt that managers should act as ______ rather than dictators.

Answers

Facilitators

Best of luck in your studies! ☺️

All of the following are propaganda techniques EXCEPT

A. Presenting only one side of an issue
B. Using glittering generalities
C. Supporting a government policy change
D. The bandwagon approach

Answers

Explanation:

The correct answer is C. Supporting a government policy change.

All of the other options listed are propaganda techniques commonly used to manipulate public opinion.

A. Presenting only one side of an issue: This technique involves presenting information that supports a specific viewpoint while ignoring or downplaying opposing perspectives.

B. Using glittering generalities: This technique involves the use of vague, positive-sounding words or phrases that lack specific meaning but aim to evoke positive emotions and associations.

D. The bandwagon approach: This technique appeals to the idea that "everyone is doing it" and creates a sense of peer pressure or societal conformity to persuade people to adopt a particular viewpoint or behavior.

On the other hand, supporting a government policy change does not inherently involve the use of propaganda techniques. It can be a legitimate expression of support based on reasoned analysis, evidence, and understanding of the policy's potential benefits and drawbacks.

Drew is single and files using the head of household filing status. His agi is $95,000. He has two qualifying children: sage, age 5, and peppa, age 17. What is the amount of drew's 2022 child tax credit?.

Answers

Your total 2021 Child Tax Credit amount is $5600.

Answer:

3600

Explanation:

DirectionsYou received your bank statement in the mail, and now you need to balance your checkbook. The account register is the record of your checking account.» Use the bank statement to balance your account.» Read the statement and make sure all transactions (deposits, withdrawals, transfers, electronic bill payments and checks) are written in your account register. Put a mark next to each one. Add any missing transactions and fix incorrect ones.» Record any bank fees in the debit column of your account register.» After you have fixed your account register, use the form below to see if your checkbook is balanced. The ending balance should match your account register. What is personal finance?Balance on bank statement: $________

Answers

A bank statement is a document (also known as an account statement) that is typically sent by the bank to the account holder every month, summarizing all the transactions of an account during the month. Bank statements contain bank account information, such as account numbers and a detailed list of deposits and withdrawals.

Balance on bank statement: $________

Deposits that are not on the bank statement:

DATE AMOUNT

Total deposits (from above) + $ ________

Deposit subtotal = $ ________ (Total deposit +balance on bank statement)

Checks written or withdrawals that are not on the bank statement:

DATE AMOUNT

Deposit subtotal (from above) $ ________

Total withdrawals (from above) - $ ________

Ending Balance = $ ________

Personal finance encompasses the whole universe of managing individual and family finances, taking responsibility for your current and future financial situation, and setting financial goals. It also includes handling individual financial tasks and saving for emergencies.

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For each example, identify the most appropriate CTSO. 1. Ann wants to be a manager who directs the work of others: 2.Teresa wants to have a career that emphasizes mathematics: 3.Justin wants to have a career in nursing: 4.Howard wants to have a career focused on the education of

Answers

Answer:

Ann: DECA

Teresa: TSA

Justin: HOSA

Howard: FEA

Explanation:

Answer: DECA your welome if i did spell it wrong sorry bout that im am a horrible speller

A company with two factories learns that by using robots and other high-tech
equipment it can produce the same quantity with just one factory. It decides
to close one of its factories. Under the WARN Act, who must be notified of
this decision?
O A. The workers at both plants and the state and federal departments
of labor
OB. The workers of the plant to be closed, the local government, and
the state's department of labor
O C. The workers at the plant to be closed, the local government, and
the state's dislocated-worker unit
O D. The workers at both plants, the local governments of both
communities, and both states' dislocated-worker units

Answers

Answer:

O C. The workers at the plant to be closed, the local government, and

the state's dislocated-worker unit

Explanation:

The WARN Act seeks to offer protection to workers, their families, and communities by compelling employers to give a 60 notice day in advance of a planned plant closure or intended mass layoffs. The advance notice provides workers and their families time to adjust to the pending loss of employment. It accords workers some time to seek alternative employment or acquire new skills to compete for jobs.

Apart from the affected workers, The WARN act requires employers to notify the state dislocated worker units. This facilitates dislocated worker assistance to be availed promptly to the affected worker. The local government representatives should also be notified.

In September, you made a profit of $5,456,963 with expenses of $2,456,654. What was your total revenue?

Answers

The total revenue when the profit and expenses are given so it should be considered as the $7,913,617.

Calculation of the total revenue:

We know that

Profit is $5,456,963

And, expenses is $2,456,654

We know that

Profit = Revenue - Expenses

$5,456,963 = Revenue - $2,456,654

So, the revenue is  

= $5,456,963 + $2,456,654

= $7,913,617

Hence, The total revenue when the profit and expenses are given so it should be considererd as the $7,913,617.

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highlight four reasons why a seller would prepare a proforma invoice???​

Answers

Answer:

Pro forma invoices are sent to buyers ahead of a shipment or delivery of goods or services. Most pro forma invoices provide the buyer with a precise sale price. A pro forma invoice requires only enough information to allow customs to determine the duties needed from a general examination of the included goods.

Explanation:

hope i help

the beliefs, attitudes, values, assumptions, and ways of doing things that are shared by members of an organization and communicated to new members are the:

Answers

The beliefs, attitudes, values, assumptions, and ways of doing things that are shared by members of an organization and communicated to new members are the: corporate culture.

What is corporate culture?

Corporate culture is the set of values and practices that guide how management and staff interact and conduct business with third parties. Corporate culture frequently emerges naturally over time from the collective characteristics of the employees a firm recruits, rather than being explicitly defined.

The dress code, working hours, office layout, employee perks, staff turnover, recruiting choices, how customers are handled, customer satisfaction, and many other aspects of corporate operations will all reflect a company's culture.

Companies frequently invest extensive resources, including specialist training, that enhance cross-cultural business contacts in order to foster good cross-cultural experiences and support a more unified and productive company culture.

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office administration.Prepare for filling in order.

office administration.Prepare for filling in order.

Answers

This (office administration) simply means to arrange the above in alphabetical order like this;

An Apple SpotA1 TaxiDriveByFine Foods LtdFirst Caribbean BankMalcolm Stephens & SonsNorth Eastern Funeral AssociationPortsmouth Police StationSt. John's Primary School21 Century Printers.

What is office administration?

Within a company, office administration is a collection of day-to-day operations connected to the upkeep of an office building, financial planning, record keeping and billing, personal development, physical distribution, and logistics.

Finally, administrative abilities are connected to corporate operations and enhancing office productivity. Communication and organizational abilities, as well as project management, bookkeeping, and time management skills, are among them.

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What has the greatest impact on regional oil production?

Answers

The greatest impact on regional oil production is typically the price of oil, as it affects the profitability and feasibility of producing oil in a particular region.

The price of oil often has the most influence on local oil production since it directly determines whether it is profitable and feasible to produce oil in a given area. Oil extraction from difficult or inaccessible regions, such as deepwater or shale deposits, becomes more practical when the price of oil is high.

On the other hand, when oil prices are low, it could no longer be financially viable to produce oil in some areas, which would result in a decline in output. Government laws, environmental issues, and geopolitical conflicts are a few more variables that may influence regional oil output.

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when a company performs a service for which it has not been paid, it will create a(n) ____

Answers

When a company performs a service for which it has not been paid, it will create a type of account receivable. An account receivable is a legally enforceable claim for payment that a company has against its customers for goods or services that have been sold or provided but not yet paid for.

It represents the amount owed to the company and is recorded on the balance sheet as an asset. The company will then typically follow up with the customer to collect payment on the account receivable, which will then be recorded as a cash inflow once received. It is important for companies to actively manage their accounts receivable to ensure they are collecting payments in a timely manner and not carrying an excessive amount of unpaid debt on their balance sheet.

To explain the concept step-by-step:

1. A company provides a service to a customer but has not yet received payment.
2. The company records the transaction as accounts receivable in its accounting records.
3. Accounts receivable is an asset account that represents the amount of money the company expects to collect from customers for services provided.
4. When the customer eventually pays for the service, the company will reduce the accounts receivable balance and record the payment as revenue.

In summary, accounts receivable are created when a company performs a service for which it has not been paid, and it represents the amount the company expects to collect from the customer in the future.

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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,

Answers

The answer would be D

what did antonie van leeuwenhoek call his discovery

Answers

Answer:

Antonie Van Leeuwenhoek called his discovery "wee animalcules"

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I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.

Answers

Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

when developing contingency plans, your textbook recommends developing a minimum of contingencies?

Answers

The textbook recommends developing at least three contingencies for any given situation.

What is contingency?
A contingency plan, as well known as Plan B informally, is a strategy developed to deal with a situation that is not anticipated in the regular (expected) plan. It is frequently used in risk management for just a rare risk that, while unlikely, could have disastrous results. Creating a contingency plan is frequently done by governments or businesses. The process of putting a contingency plan into action involves five steps: assembling a planning team, determining the extent of the issue, developing a plan, testing the plan, and maintaining the plan's accuracy. For instance, if a company's employees are all travelling on the same plane and it crashes, killing everyone on board, the company may be severely strained and even destroyed.

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Conflict occurs when one party perceives their interests are being opposed or negatively affected by another party. Even the best managers will often have to help resolve disagreements and even destructive conflicts. This activity is important because good managers should understand the various techniques or styles they can use to handle workplace conflicts.
The goal of this activity is to challenge your knowledge of the five conflict handling styles.
Match each item to the appropriate conflict handling style.
Dominating
Obliging
Compromising
Integrating
Avoiding

Answers

The solutions are provided below with the wise selection in accord with the question.

1) Milton is always ---> Refraining

What are the obstacles to expansion strategy?

A small business owner must actually invest in order to maximize income, and expansion frequently leads to new economic prospects that demand extra costs. However, occasionally purchasing excessively can lead to problems.

1) Milton is always --->-> Refraining

explanation: The avoiding approach involves withdrawing from a difficult circumstance. This strategy works well if the issue at hand is minor or unimportant. It is wise to avoid wasting time and energy on insignificant issues like being irate about not getting a new red Flakiness stapler.

2 Lauryl works ---> is compliant

Explanation: When one party yields to the demands or wants of the other party in the hope of receiving a favor later on, it is akin to an accommodating method of conflict resolution.

3- Your business retracted———->Dominating

Explanation: This is a competition approach wherein the one party elevates its own interests or position over that of other side.

4- Stan and Phylis ------ Compromising

explanation- This approach settles disputes when opposing parties look for a middle ground via fair exchange and a solution that offers that both parties can agree on.

5 - Integrating $4000 from your department

This study looked for parties to work together when both their own and others' interests are highly regarded. All stakeholders reach a consensus on a solution.

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Complete question:

Conflict occurs when one party perceives their interests are being opposed or negatively affected by
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Like many other Eastern Woodlands tribes, the Creek living in Georgia Match the scenario to the related government program.1. Newlyweds buy an energy-efficient dishwasher for their new home. 2. An engineering team retrofits a manufacturing plant with a new heating system that is 20% more effective than the old one. 3. 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As of November 2017, Netflix had about 55 million U.S. streaming subscribers. Suppose that the breakdown of the number of subscribers by plan has been as the following 40 million, 10 million, and 5 million, respectively, before November 2017. However, one month after November 2017, the number of the subscribers "existing" in November 2017 changed to the following for each plan: 40 million, 8 million, and 4.5 million, respectively. Notice that this analysis is ceteris-paribus, meaning that we are looking only at the Netflixs plan prices and not other factors such as the price of related goods or the number of demanders. For example, this is the reason why we focused on "the existing subscribers." Given these pieces of information, and using the "standard" method, answer the following questions:a. Compute the numerical values of price elasticities of demand for the Standard and Premium plans.b. Provide an economic interpretation for the numerical value that you have obtained for the price elasticity of demand for the Standard plan.c. Based on the numerical values computed in part "a", what kind of demand curve does the Standard plan have and what type of demand curve does the Premium plan have?......................................d. Which of the price changes should have been done? .Which one should have been avoided? e. Do you expect the elasticities numerical values to be higher or lower if we look at the data on the quantities demanded after two months rather than one month? Why?...................f. Overall, have these new pricing policies increased or decreased the total revenue of Netflix? By how much?g. What would the total revenue of Netflix have been if they had followed the suggestion you made in Part "d" (regarding which of the price changes should have been done and which ones should have been avoided)?h. In your opinion, why did Netflix not increase the price of the Basic plan? using the following partial table of present value of $1 at compound interest, determine the present value of $20,000 to be received four years hence, with earnings at the rate of 10 year: the law of independent assortment states that in a dihybrid cross, the of each gene assort independently.