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2 years ago

What is the difference between old and new institutional economics

Business

1 answer:

cupoosta [38]2 years ago

3 0

Answer:

old economy differs from new economy in the sense that it relies on traditional methods of doing business rather than play everything new cutting-edge technology traditional economy dates back to the Industrial Revolution,

Explanation:

basically revolves around producing Goods as opposed to exchanging of new information

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What are the difference between aims and goal

aniked [119]

Answer:

Goal is a set target that a person wants to achieve, while Aim is the determined course a person sets to achieve a target.

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3 years ago

Read 2 more answers

You bought an annuity selling at $14,427.59 today that promises to make equal payments at the beginning of each year for the nex

Sever21 [200]

Answer:

PMT = $3875.00

Explanation:

given data

annuity selling = $14,427.59

time = 4 year

interest rate = 5 %

solution

we get here annual annuity payment that is express as

PMT = $\frac{present\ value}{(1+r)*\frac{1-(1+r)^{-n}}{r} }$ ..................................1

put here valuer and we get

PMT = $\frac{14427.59}{(1+0.05)*\frac{1-(1+0.05)^{-4}}{0.05} }$

solve it now and we get

PMT = $3875.00

so here value of the annual annuity payment (PMT) is $3875.00

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3 years ago

In the short run, a monopolistically competitive firm will A. select the rate of output where price equals marginal cost. B. ma

stepan [7]

Answer:

Option D is correct.

<u>Select the rate of output where marginal revenue equals marginal cost </u>

Explanation:

Reason: Profit = Revenue - Cost

To maximize profit we take the derivative. Results in in Max Profit occurring at Marginal Revenue = Marginal Cost

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3 years ago

503,000 on November 1, 2021, and signed a 12-month note bearing interest at 8%. Interest is payable in full at maturity on Octob

lilavasa [31]

Answer:

$6,707

Explanation:

Calculation to determine what Universal Travel Inc. should report interest payable at December 31, 2021,

Interest payable at Dec 31,2021= 503,000 * 8% * 2 months/12 months

Interest payable at Dec 31,2021= $6706.6

Interest payable at Dec 31,2021= $6707 Approximately)

(November 1 - December 31 = 2 months)

Therefore Universal Travel Inc. should report interest payable at December 31, 2021, in the amount of $6,707

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3 years ago

Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During Febr

AleksAgata [21]

Answer:

YOUR ANSWER IS GIVEN BELOW:

Explanation:

Variable overhead efficiency variance

= (SLH - ALH) * SR

= (2400*4 - 9150) * 12

= 5400 F

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3 years ago

What is the difference between old and new institutional economics​

What is the difference between old and new institutional economics