Provide an appropriate response.An adjustable rate mortgage means:
A. payments will be larger than on a fixed rate mortgage
B. the interest rate cannot change
C. the interest rate is fixed for the first five years
D. the interest rate can change
Answer: D
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Graph the function using transformations.f(x) = 
A. 
B. 
C. 
D. 
pis in dollars andqis the number of units. Find the elasticity of the demand function 
at
. Round your answer to two decimal places.
?
A. 7.52 B. 3.35 C. 2.74 D. 4.26 E. 37.33
Find the area under the normal curve that lies below 
.
What will be an ideal response?
Roland's Barber Shop and Charley's Barber Shop are both located in the business district of a certain town. Roland estimates that if he raises the price of a haircut by $1, he will increase his market share by 7% if Charley raises his price by the same amount; he will decrease his market share by 1% if Charley holds his price at the same level; and he will decrease his market share by 7% if Charley lowers his price by $1. If Roland keeps his price the same, he will increase his market share by 4% if Charley raises his price by $1; he will keep the same market share if Charley holds the price at the same level; and he will decrease his market share by 4% if Charley lowers his price by $1. Finally, if Roland lowers the price he charges by $1, his market share will increase by 8% if Charley
raises his prices by the same amount; he will increase his market share by 4% if Charley holds his price at the same level; and he will increase his market share by 1% if Charley lowers his price by $1.
Is the game strictly determined?
If neither party is willing to lower the price he charges for a haircut, what strategy should they choose?
Roland should __________ the price.
Charley should __________ the price.