Answer:
A.
They ensure that people and businesses can buy what they need.
Explanation:
Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.
In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.
C. Marginal Cost
Marginal cost is the <em>additional </em>cost to produce each unit of a good.
The formula is
A=p (1+r)^t
A future value 500000
P present value. ?
R interest rate 0.06
T time 11 years
Solve the formula for p by dividing both sides by (1+r)^t to get
P=A/(1+r)^t
P=500,000÷(1+0.06)^(11)
P=263,393.76
he should deposit 263393.76 now to attain 500000
Hope it helps!
Answer:
Attrition
Explanation:
The right answer to the question is attrition and what is attrition in business sense: is simply means a situation where organization staff strength gradually and deliberately reduces as employees retire or resign and are not replaced.
So in this case Maria retire and nobody was hired to replace her position in the company and again all her subordinates were reassigned to other departments. It is also worth noting that attrition could also be a way of a company is losing her customer base as a result of other factors
