Natural environment trade -off the government faces in the terms of economic growth, in addition to the trade- off between current consumption and investment in capital and research.
What is the meaning of Trade-Off?Economics is full of tradeoffs; Trade- off refers to forgoing a benefit or opportunity while making a choice. In economics trade off refers to opportunity cost which is the most preferred alternative. A trade off refers to the sacrifice made for getting a particular product or experience concept of trade- off is used to describe the everyday situations.
Many factors affect the trade- off environment of a particular country like availability of raw materials, skilled labor, machinery, technology, capital, market rate. Trade- off are positive in competition and essential for strategy . Trade- off are used in many business and real-life situations. Business is a game of trade- offs, Opportunity cost and trade off plays an important role in the business decisions.
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economic growth is the amount that the capital stock increases in a given year. b. economic growth is the increase in the amount of consumption goods per capita. c. economic growth is increases in per capita real gdp measured by its rate of change per year. d. economic growth is the increase in the number of people working in a year.
Economic growth can be described as (C) the increases in per capita real GDP measured by its rate of change per year. It is also can be described as the increase or improvement in the inflation-adjusted market value of the services and goods produced by an economy over a certain period of time.
Economic growth can be caused by several main factors, such as land, capital, entrepreneurship, and labor. Economic growth also can be caused by two main sources of economic growth, such as growth in the productivity (output per hour worked) of that workforce and growth in the size of the workforce. These two main source can increase the overall size of the economy. But the source for increase per capita GDP and income is only strong productivity growth.
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suppose the price of milk increases by 15%, causing the quantity demanded of cereal to decrease by 45%. what would the cross-price elasticity for milk and cereal be in this case?
Based on the change in price for milk and the change in quantity demanded for cereal, the cross-price elasticity for milk and cereal can be found to be - 3
How to find the cross - price elasticity?The cross-price elasticity for milk and cereal can be found by the formula:
= Change in the quantity demanded of cereal / Change in the price of milk
Solving for the cross - price elasticity gives:
Cross - price elasticity for milk and cereal = - 45% / 15%
= - 3
What this means is that the price of milk (cereal ) is inversely related to the quantity demanded for cereal (milk). For instance, if the price of milk increases, then the quantity demanded for cereal will decrease.
The reason for this is that both milk and cereals are compliments to each other and so will affect the other's quantity demand.
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currently, which type of financial institution in the primary mortgage market provides the most funds for the residential (owner-occupied) housing market?
Financial institution in the primary mortgage market provides the most funds for the residential (owner-occupied) housing market is Commercial bank.
What is Commercial bank?The term commercial bank accepts deposits, provides checking account services, issues various loans, and provides basic financial products such as certificates of deposit (CDs) and savings accounts for individuals and small businesses. A commercial bank is a financial institution that performs the function of accepting deposits from the general public and lending money for investment, with the aim of making a profit. In fact, commercial bank, as the name suggests, exclude commercial institutions.They bank to make a profit. Commercial bank can be further classified into public sector banks, private sector banks, foreign banks and regional regional banks (RRBs). On the other hand, credit unions are divided into urban and rural areas. That said, payment banks are a fairly recent addition to the structure.To learn more about commercial bank from the given link :
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a widget maker operates in a perfectly competitive market with a price of $25 for a box of widgets. the widget maker has a marginal cost curve equal to 0.26q, where q is the number of boxes of widgets produced. the widget maker currently produces 96 boxes of widgets. should the widget maker produce 97 boxes of widgets instead?
The answer is Yes, the widget maker should produce 97 boxes of widgets instead because the marginal cost of the 96th box is below marginal revenue, so the production is too low and profits are not maximized.
What is the explanation for the decision?In a typical perfectly competitive market, the firm usually takes a price as given and at equilibrium maximize profit by producing the output P>=MC. That is, the price received for the equilibrium must be greater or equals to Marginal cost.
As the marginal revenue received by a perfectly competitive firm is equal to the price P, then, we can write the profit-maximizing rule for a perfectly competitive firm as a recommendation to produce at the quantity of output where P = MC.
Missing options "None of these answers, 0 O Yes, the marginal cost of the 96th box is below marginal revenue, so production is too low, and profits are not maximized. No, while the marginal cost of the 96th box is below marginal revenue, the marginal cost of 97th box is above it, so profit is already maximized. O No, the marginal cost of the 96th box is above marginal revenue, so production is already too high"
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Market involves aggregating prospective buyers into groups, or segments, that have common needs and will respond similarly to a marketing action.
Market segmentation involves aggregating prospective buyers into groups, or segments, that have common needs and will respond similarly to a marketing action.
In the field of business, market segmentation can be described as a business strategy where the business owner focuses on making those products that target a particular audience.
Market segmentation involves understanding of the needs and products that will be required by a focused group of people. After evaluating their needs, the products are made in accordance to fit their needs.
By market segmentation, you tend to divide your focus to a certain group of customers or prospective buyers and design your product in accordance with their needs.
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In an essay of no fewer than 225-words, describe the importance of continuing education in law enforcement and some of the areas in which it has become even more important in recent years.
The importance of continuing education in law enforcement and some of the areas in which it has become even more important in recent years as police with four-year degrees use force less frequently, use less force overall, get fewer complaints and disciplinary proceedings, and produce stronger investigative reports.
Although the field of law enforcement may have been reluctant to fully see the benefits of education as a supplement to specialized job-related training, more and more administrators now see it as a crucial part of a comprehensive shift to community-based policing. The problem-solving abilities required for officers to function effectively in this context are improved through continual education as police move to connect with individuals in new ways and handle a wide variety of topics that affect crime problems in a community.
Revisions to mission statements necessitate far-reaching abilities in organizations across the nation. Higher educational levels, together with improved technical, management, and interpersonal abilities, are all part of a bigger strategy for improved professionalism.
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for a given data group, simple exponential smoothing is being used to forecast demand. the forecast of a given period is 110, which turned out to be 4 units more than actual demand. the forecast for next period is 109.2. based on information given, what is smoothing constant, alpha? group of answer choices none of the choices 0.15 0.20 0.10 0.60
The formula for the exponential smoothing is as follows: Demand for the most recent period times the smoothing factor.
The forecast for the most recent time period multiplied by (one minus the smoothing factor). S is the smoothing factor, which is expressed in decimal form (35% would be 0.35). A time series forecasting technique called exponential smoothing can be expanded to support data with a systematic trend or seasonal component. It is a potent forecasting technique that can be employed in place of the well-liked Box-Jenkins ARIMA family of techniques. A forecasting technique for univariate time series data is exponential smoothing. With this strategy, forecasts are weighted averages of historical observations, with the weights of older observations decreasing exponentially. Alpha, the smoothing constant, is 0.20. (Option a)
Detailed explanation:
To begin resolving this issue, we first list the simple exponential smoothing in succession:
Where xt is the real demand for period t, alpha is the smoothing constant, s(t) is the forecast for period t, s(t-1) is the forecast for period (t-1), and
There are no unknowns other than the alpha constant: s(t)=109.2, s(t-2)=110, xt=110-4=106.
After that, we may determine alpha as:
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kate believes she can beat the market on a consistent basis by basing her traes on the pattern of prices that currently exist. if true, what theory would kates trading pattern violate
Efficient markets. The efficient-market hypothesis is a hypothesis in financial economics that states that asset prices reflect all available information.
What is Efficient market ?The efficient-market hypothesis is a financial economics hypothesis that states asset prices reflect all available information. Because market prices should only react to new information, it is impossible to consistently "beat the market" on a risk-adjusted basis.
Because the EMH is expressed in terms of risk adjustment, it can only make testable predictions when combined with a specific risk model. As a result, research in financial economics has focused on market anomalies, or deviations from specific risk models, since at least the 1990s.
The notion that financial market returns are difficult to predict can be traced back to Bachelier, Mandelbrot, and Samuelson, but it is most closely associated with Eugene Fama, thanks in part to his influential 1970 review of theoretical and empirical research.
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to avoid the appearance that a joint product is incurring losses, a company might allocate joint costs based on relative sales value of each product at the split-off point. group startstrue or false
It's true what they say. A corporation may divide up joint costs based on the relative sales value of each product at the point of split-off to avoid the perception that a joint product is losing money.
What does "split-off point" refer to?The production stage where jointly produced goods first appear is known as the split-off point. A corporation might have known, for instance, that investors would not be interested in its financial accounts because they showed no profit or loss.
What is the point at which joint products are split off?An area in a manufacturing process known as a split-off point is where previously manufactured goods are now produced separately. After the split-off point, the costs of the previously manufactured goods can be determined separately. Costs associated with jointly produced goods are divided up prior to the split-off point.
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What type of competition does a pizza parlor vs. an ice cream shop represent?
Answer:
Explanation:
Its an indirect competition because we know that a pizza parlor and ice cream shop belong to the same sector i.e. Food but in case of products sold we can observe that pizza is not the same product as an ice cream because one is considered as a fast food while other is mainly eaten as a dessert. If the pizza shop sold ice cream along with pizzas tooo then we might have come across a direct competition to some point.
But in this case the sector is same but the products sold are different therefore this competition can be considered as an indirect competition between the two parties.
Therefore we can conclude from the above statements that we can classify this competition as an indirect competition.
18. sardi company estimates its 2015 tax expense to be $80,000. it makes a cash payment of $20,000 to the tax authorities on december 31, 2015. how should this transaction be recorded by sardi? debit tax expense $80,000; credit cash $60,000; credit taxes payable $20,000 debit tax expense $80,000; credit cash $20,000; credit taxes payable $60,000 debit tax expense $80,000; credit cash $20,000 debit tax expense $80,000; credit cash $20,000; credit accounts payable $60,000
Debit tax expense $80000 credit cash $20000, credit taxes payable $60000
tax expense estimated by the company in the year 2015 is $80000
Cash payment to the tax authorities on December 31, 2015, = $20000
So the balance tax to be paid is equal to 80000 - 20000 = 60000
Hence initially the company need to debt tax expense $80000
Then the credit cash is $80000
The provision to be made credit taxes payable $60000
Hence Debit taxes paid ($60,000), credit cash ($2,000), and credit tax expense $80000
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which dimension of ethical behavior in the digital age is represented by the following question?you are interviewing 3 applicants for a management position in your firm and wish to ensure that they will represent your company with professionalism and maturity. should you check the applicants' social media sites prior to making your hiring decision?
The dimension of ethical behavior in the digital age that is represented by the following question is called information privacy rights. Information privacy, data privacy or data protection laws provide a legal framework on how to obtain, use and store data of natural persons.
Information privacy will afford the resource person to have the full access of the individual ethical behaviour on social media and as a result could use such for whatever judgement he intends to make on his interviewee.
What is dimension of ethical behavior?Ethical Dimensions is a competency encompassing all over the curriculum so that learners will understand ethical principles that shape person and collective actions and apply those principles to the analysis of contemporary social and political problems. There are approaches to ethical issues from the angle of four moral principles which are:
respect for autonomy, beneficence, nonmaleficence, and justice.Therefore, the correct answer is as given above.
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a manufacturing defect is one which: group of answer choices none of the other choices are correct occured during the manufacturing stage and for which the consumer will be compensated ocurred after the manufacturing stage and for which the consumer will not be compensated ocurred after the manufacturing stage and for which the consumer will be compensated ocurred during the manufacturing stage and for which the consumer will not be compensated
A manufacturing defect is one that occurs during the manufacturing process and for which the consumer will receive compensation.
Stage of production.
Any of the following stages of a product's production: I manufacturing/synthesis of the applicable Compound or Compounds' Bulk Chemical Form, (ii) formulation, and (iii) packaging of the Finished Dosage Form
Manufacturing is the process of creating a product from raw materials. This is accomplished through the use of human labor, machinery and/or other tools, and, in some cases, a biological or chemical process.
Manufacturing can be done on a large scale, or it can make the parts that are assembled to make automobiles, airplanes, household appliances, and other items.
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you have been asked to evaluate two alternatives, x and y, that may increase plant capacity for manufacturing high-pressure hydraulic hoses. the parameters associated with each alternative have been estimated. compute the present worth of both alternatives. which one should be selected on the basis of a present worth comparison at an interest rate of 12% per year?
Cash flow (CF) is the change in the quantity of money that a company, institution, or person has. The phrase is used in finance to refer to the volume of money (currency) produced or spent over a specific period of time.
Alternative X is currently valued $ -77543.8, whereas Alternative Y is currently worth $ -74625.7. Alternative Y must be chosen. Here, the cash flow needs to be discounted as follows:
Discounted cash flow added together equals present value:
Alternative X's current value is equal to (-30000/(1+0.14)0)+(-14000/(1+0.14)1)+(-14000/(1+0.14)2)+(-14000/(1+0.14)3)+(-14000/(1+0.14)4)+(-13000/(1+0.14)5) = -77543.8.
-60000/(1+0.14)0)+(-6000/(1+0.14)1)+(-6000/(1+0.14)2)+(-6000/(1+0.14)3)+(-6000/(1+0.14)4)+(5500/(1+0.14)5) = -74625.7 is the present value of the alternative.
We must choose alternative Y since the present value of Y is negatively smaller than the present value of X. There are several kind of cash flow, therefore it's critical to comprehend what each one is. Any of the categories could be meant when someone mentions CF.
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learner company sells its product for $100. it has a variable cost ratio of 70% and total fixed costs of $9,000. what is the break-even point in sales dollars for learner company?
To calculate the break-even point in terms of sales dollars, divide the fixed costs by the contribution margin.
Break-even sales dollars = $30,000
How do you calculate break-even point in sales dollars?To calculate the break-even point in terms of sales dollars, divide the fixed costs by the contribution margin. ...Fixed Costs Contribution Margin = Break-Even Point (sales dollars).Contribution Margin = Product Price minus Variable Costs.The point at which a company's revenues equal its costs is known as the break-even point. The break-even point can be calculated in two ways: one is to determine the number of units that must be sold, and the other is to determine the amount of sales, in dollars, that must occur.1 - Variable Cost Ratio = Contribution Margin Ratio
Contribution margin ratio = 1 - 0.70 = 0.30
Break-Even Sales Dollars = Total Fixed Cost / Contribution Margin Ratio
Break-even sales dollars = $9,000 / 0.30 = $30,000
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if disposable income increases from $9,000 billion to $11,000 billion, and consumption increases from $9,500 billion to $11,000 billion, the mpc must be: group of answer choices .75 1.00 0.90 0.25
The mpc of disposable income must be: 75.
What is disposable income ?
A person or household's disposable income, commonly referred to as disposable personal income (DPI), is the amount of money left over after income taxes have been paid. At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income. Net income is available money. Net money that is still available after covering all essentials is known as discretionary income. To determine how people borrow, spend, and save, economists keep close eye on these figures at the macro level.
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a firm in a purely competitive industry has a typical cost structure. the normal rate of profit in the economy is 8 percent. this firm is earning $18 on every $200 invested by its founders. instructions: enter your answers as a whole number. a. what is its percentage rate of return? percent b. is the firm earning an economic profit? (click to select) if so, how large? percent c. will this industry see entry or exit? (click to select) d. what will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium? percent
a. 9% is its percentage rate of return
b. Yes, the company making a 1% economic profit;
b. Yes, the company making a 1% economic profit;
d. The economy's rate of return is 8%.
Calculation:
a. The percentage rate of return is calculated as follows: Earnings Founders' Investment 100 = $18÷ $200× 100 = 9%
b. Company profit rate - economic profit rate = 9% - 8% = 1% > 0
Yes, the company making a 1% economic profit.
c. In order to compete with others and maintain its competitive nature, the industry will undoubtedly experience entry or exits. There won't be any entry or exits in perfectly competitive markets, and crucial factors are the reason why businesses are allowed to enter and quit for marginal profits.
d. The market will have suppliers, making it difficult to set the product's pricing because the industry is competitive.
As a result, the firm's long-term equilibrium equals the economy's rate of return, which is 8%.
What is its percentage rate of return?
The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR). 1 You determine the percentage change from the start of the period to the end when computing the rate of return.
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nformation regarding the defined benefit pension plan of certainty services included the following for 2021 ($ in millions): plan assets, january 1$70 plan assets, december 31 105 retiree benefits paid (end of year) 17 employer contributions to the pension plan (end of year) 42 what was the actual return on plan assets for 2021?
The actual return on plan assets for 2021 will be $10 million
We know that,
Actual return can be found using the formula:
Beginning balance + actual return + contributions − retiree benefits paid = ending balance
($70) + (AR) + ($42) - ($17) = ($105) (in millions)
simplifying the equation,
70 + Ar + 42 - 17 = 105
112 - 17 + AR = 105
95 + AR = 105
AR = 105 - 95
AR = 10
Thus, The actual return on plan assets for 2021 will be $10 million
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suppose you have $5,000 in savings when the price level index is 100. instructions: round your responses to the nearest whole number. a. what is the real value of your savings if the price level increases by 10 percent for the year? $ b. what is the real value of your savings if, instead, the price level declines by 5 percent for the year?
The real value of savings if the inflation pushes price level by 10 percent is $4,545.45 and The real value of savings if the price level declines by 5 percent is $5,263.157.
The real value of savings if the inflation pushes price level by 10 percent is given by:= Amount of savings when the price level index is 100 / (1 + inflation
rate)
= 5000/(1+0.1)
= 4,545.45
The real value of savings if the price level declines by 10 percent is given by:= Amount of savings when the price level index is 100 / (1 - inflation rate)
= 5000/1 - 0.05
= 5,263.157
The term "inflation" refers to an increase in prices, which over time results in a loss of buying power. The average price rise of a basket of chosen goods and services over time can be used to determine the pace at which buying power is decreasing. A unit of money now essentially has less purchasing power than it had in earlier times due to the increase in prices, which is frequently stated as a percentage. Deflation, on the other hand, is characterized by a drop in prices and a rise in buying power.Learn more about Inflation, here
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in the long run: a at least one input is variable and one input is fixed. b all inputs have marginal product equal to zero. c all inputs are fixed. d all inputs are variable. e inputs are neither variable nor fixed.
In the long run all inputs are variable. Hence Option D is the answer.
Define variable inputs in production.A resource or production component that may be quickly altered by a company in an effort to alter output volume is known as a variable input. In short-run production, the majority of businesses use a variety of variable inputs, namely labor, raw materials, and energy. Variable factors are those whose employment varies in proportion to output; more are employed when production rises and fewer when production falls.
Labor, energy, and raw materials employed directly in production are examples of typical variable elements. Labor is the most typical example of a variable input. The additional inputs required by a company to increase short-run production are provided by a variable input. The capacity constraint in production, on the other hand, is provided by a fixed input, such as capital.
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regarding proper ethical accounting guidelines, which, if any, of the following is correct? a.if a client has made a mistake in a prior year's return and refuses to correct it, the accountant should withdraw from the engagement. b.if the exact amount of a deduction is not certain (e.g., around mid-$600s), it should be recorded as an odd amount (i.e., $649) so as to increase the appearance of greater certainty. c.the use of client estimates in preparing a return may be acceptable. d.under no circumstances should a question on a tax return be left unanswered.
Integrity, objectivity, professional competence and due care, confidentiality, and professional behavior are the guiding principles of the Code, which establishes the expected behavior of a professional accountant (PA) and reflects the profession's understanding of its duty to serve the public interest.
What is meant by ethical accounting guidelines?Integrity, objectivity, professional competence and due care, confidentiality, and professional behavior are the guiding principles of the Code, which establishes the expected behavior of a professional accountant (PA) and reflects the profession's understanding of its duty to serve the public interest.
In order to prevent the exploitation of financial information or managerial positions, accounting ethics refers to adhering to certain norms and guidelines established by regulating organizations.
The updated Code creates a theoretical framework for all professional accountants to assure adherence to the following five core ethical principles:
Integrity.Objectivity.Professional Competence and Due Care.Confidentiality.Professional Behavior.Therefore, the correct answer is option a. The use of client estimates in preparing a return may be acceptable.
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multiple choice question company a sold 200,000 units. selling price is $7 per unit, contribution margin is $4 per unit, and the fixed expenses total $632,000. company a's profit (loss) is blank . multiple choice question. ($32,000) $18,000 $168,000 $768,000
A company with multiple choice questions sold 200,000 units. $7 is the selling price, $4 is the contribution margin, and $632,000 is the fixed expense total. Profit (loss) for company A is left blank. query with several options. ($32,000) $18,000 $168,000 $768,000
Unit sales goal is 6,000 units fixed expense.
The sales price less the variable cost per unit is what is referred to as the contributing margin company. The breakeven point is also known as the point at which expenses are equal to revenues. The equation is given by Contributing margin = 36,000/4000 and Breakeven= Fixed cost/Contributing margin 4,000.
Target unit sales equal (1800+3600)/9 Contributing margin = $9 Target unit sales equal (profit target+fixed cost)/contributing
Unit sales goal is 6,000 units company.
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which of the following events would increase the supply of tomatoes? group of answer choices the introduction of mechanized tomato pickers, which raises the cost of production. a decrease in the price of pasta products. an increase in wages for the tomato pickers. unseasonably hot, dry weather in the tomato-growing regions of the nation. a decrease in the cost of fertilizers for the tomato plants.
The correct option is d. Supply of tomatoes would increase if there is a decrease in the cost of fertilizers for the tomato plants.
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. Supply can be defined as the quantity offered at a particular price or, if shown on a graph, the quantity offered over a range of cost. This is directly related to the demand for an item or service at a particular price; all things being equal, the supply offered by manufacturers will increase if the price rises because all businesses aim to maximise profits. The modern economy is based on movements in supply and demand.
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the following financial information is from cook company: accounts payable$ 55,000 land90,000 inventory10,500 accounts receivable7,500 equipment8,000 deferred revenue58,500 short-term investments20,000 notes receivable (due in 8 months)45,500 interest payable2,000 patents75,000 what is the amount of intangible assets assuming the accounts above reflect normal activity? multiple choice $120,500. $75,000. $95,000.
The correct answer is: $173,000
This answer is in fact, the calculation to determine the amount of long term assets (which is basically the investment of a company that is going to benefit it in long run or future in many years) after by using the formula of :
Long-term assets =Land +Equipment + Patents
By plugging values in the formula, Long-term assets =$90,000 + $8,000 + $75,000. So, Long-term assets =$173,000. Therefore the number of long-term assets will be $173,000.
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the stock of red's hardware closed at $59.60 per share today. tomorrow morning, the stock goes ex-dividend, paying a dividend of $2.20 per share. the tax rate on dividends is 15 percent. all else the same, what price will the stock open at tomorrow morning?
The stock open at tomorrow morning at a price of $59.27
Ex-dividend price = Dividend price today-After tax dividend to be paid
59.60 - 15% of 2.20
59.60 - 0.33
= $59.27
What is Ex-dividend price?The price of a share reflects the cost of dividing dividend income, which is paid by stockholders selling their shares. Commonly referred to as the cu.m-dividend price, this is the price at which a business's stocks move between the date the company announces dividends and the ex-dividend date.
Buying a security just before the ex-dividend date shouldn't result in any gains because the price of the investment declines by roughly the same amount as the dividend. Similar to this, investors who purchase a share on or after the ex-dividend date receive a "discount" on the price of the asset to make up for the dividend they would not be receiving.
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venezuela can grow and sell cut flowers for floral bouquets more easily and more cheaply than most other countries can produce the same flowers. when it comes to flowers, venezuela has a(n):
Based on the fact that Venezuela can grow and sell the flowers are a cheaper price and more easily than other countries, it can be said that Venezuela has a Comparative Advantage.
What is Comparative Advantage?When a country is said to have a comparative advantage in something, it means that they are able to produce that good or service at a cheaper price than other countries can. This therefore means that they are more efficient in the production of that good or service, and so can make more money on selling that good or service because they will sell at a cheaper price.
Venezuela is able to make flowers for floral bouquets as well as sell them at a cheaper price than other countries. Venezuela can therefore be said to have a comparative advantage in flower production and they should take advantage of this by exporting more of those flowers.
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you have one type of nut that sells for $4.60/lb and another type of nut that sells for $8.70/lb. you would like to have 32.8 lbs of a nut mixture that sells for $8.10/lb. how much of each nut will you need to obtain the desired mixture?
28 lbs of the expensive $8.70/lbs nuts and 4.8 lbs of the cheaper $2.50/lbs is required in order to obtain 32.8 lbs of a nut mixture that sells for $8.10/lbs i.e., the desired mixture.
What are linear equations ?If a variable consistently exhibits its maximum power, an equation is considered to be linear. Another name given to linear equation is a one-degree equation. The typical form of a linear equation with one variable is Ax + B = 0. In this case, the variables x and A are variables while the variable B is a constant. The traditional form applies to a linear equation with two variables is Ax + By = C. In this case, we have the variables x and y, the coefficients A and B, and the constant C.
Let C be the cheaper nut that costs $4.60/lbs and E be the expensive nut that costs $8.70 :
4.6C + 8.7E = 32.8(8.10)
4.6(32.8-E) + 8.7E = 265.68
150.88- 4.6E + 8.7E = 265.68
4.1E = 265.68 -150.88
E = 114.8/4.1
E = 28 lbs
C = 32.8 - 28
C = 4.8 lbs
Therefore, the required quantity of the expensive $8.70/lbs nuts is 28 lbs and cheaper $2.50/lbs nuts is 4.8 lbs.
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an interest rate of 1% per month is the same as: a) nominal 3% per quarter compounded monthly. b) effective 12.683% per year compounded monthly. c) nominal 12% per year compounded monthly. d) all of the above.
High street banks establish interest rates that are influenced by factors other than the Bank Rate. Other factors, such as the possibility that a loan won't be repaid, are taken into account when making loans. The bank will charge a higher rate the lender believes the risk to be larger.
Effective annual compound interest of 12.683% monthly.
interest rate equals 1% monthly
To convert to effective per year, use the formula
[(1+1/100)12 - 1].100\s
= [(1.01)¹² - 1] 100\s
= (1.1268 - 1) (1.1268 - 1) 100\s
= 0.1268 × 100\s
= 12.68%
Therefore, the annual percentage rate of interest, compounded each month, is 12.68%. The length of the loan or mortgage that you intend to take out may also be a factor. Our interactive graphic allows you to view the historical interest rates for various financial products.
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f the mexican nominal exchange rate (foreign currency per peso) does not change, but prices rise faster in mexico than in all other countries, then the mexican real exchange rate a. does not change. b. rises. c. cannot be determined without more information. declines.
If Mexico's nominal exchange rate (foreign currency per peso) does not change, but prices rise faster in Mexico than in all other countries, then Mexico's real exchange rate rises.
The exchange rate is one of the most important indicators in determining the economy of a country. Exchange rates play an important role in spending decisions, because they allow the translation of prices from different countries into the same language.
The exchange rate of a country's currency is divided into two types, namely:
Nominal exchange rate is the value used by a person when exchanging one country's currency for another country's currency.The real exchange rate is the value used by a person when exchanging goods and services from one country for goods and services from another country.You can learn more about exchange rate here brainly.com/question/14930716
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for a special promotion, retail stores may deliberately sell a product below its customary price to attract customers, in hopes that they buy other items with large markups, in an approach known as
This approach is known as Sales Promotion.
What is Sales Promotion?
Sales promotion is a transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service.
A company may decide to utilize a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales. Sales increases could be required to meet a quota as a deadline draws near or to spread word of a new product.
What are the types of sales promotion?
Types of sales promotion are:
1. Simple discounts.
2. Limited time offer.
3. Free shipping.
4. Special prices.
5. Bundling.
6. Contests & giveaways.
7. Abandoned cart discounts.
8. Coupons.
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