Suppose the price of Vanilla Coke increases by 9% and quantity demanded falls by 13% overall but only by 4% for loyal Coca-Cola customers. This means that for the general public there are for Vanilla Coke, but for loyal Coca-Cola customers, Vanilla Coke is more of a . This means that Coca-Cola will enjoy an increase in total revenue only from . A) several substitutes; necessity; loyal Coca-Cola customers B) few substitutes; luxury item; the general public C) no substitutes; necessity; the general public D) several substitutes; necessity; the general public

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out