Oscars opportunity cost for buying the business is 50,000
Answer:
Answer:
a) Monthly payment = $65.95
b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6
c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043
Principal paid in month 13 = $65.95 - 51.043 = $14.907
Explanation:
Using financial calculator:
PV = 11,000
n = 30 years = 360 months
i/r = 6%/year = 0.5% / month
FV = 0
PMT = ? (Monthly payment = ?)
a) Monthly payment = $65.95
b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6
c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043
Principal paid in month 13 = $65.95 - 51.043 = $14.907
Explanation:
Answer:
Option C
Explanation:
C. There is a high degree of social consensus
Answer:
Decrease / Indeterminate
Explanation:
In this scenario the price of cherries is lower so she can buy more to make pies. This increases the quantity she can produce.
The new type of cherry pie that consumers like will increase the demand for it, so this also causes increase in quantity of cherry pies.
With regards to the price we cannot determine if it will rise of decrease.
Normally as quantity demanded for product increases the price will also increase. This allows the seller make more product.
On the other hand a major input that is cherries has decreased in price. So cost of production is lower. This should result in lower price of cherry pies.
Answer:
a. affective
Explanation:
When a disagreement arises because of negative emotions among the intra-group team members, an affective conflict occurs. A cross-functional team has different members from various departments. Therefore, team members can expect a negative perspective among themselves. If it happens, affective conflict arises in the cross-functional team.
Therefore, option A is the correct answer.
