_____ involves comparing the costs and benefits of consuming or producing one additional unit of a good or service.

Brokerage firms make their profits primarily in which of the following ways? A) Consumer deposits. B) Government deposits. C) Di

Anastasy [175]

Brokerage firms make their profits primarily in : D. Fees commissions on sales or transfers

to put it simply, A brokerage firm is a financial institution that facilitates the selling process of stock/securities between the buyer and the seller. From each transaction that happen, a brokerage firm will receive a commission from its client.

hope this helps

5 0

3 years ago

Read 2 more answers

There are only two consumers in a market, Harry and Hermione. Harry is willing to buy 12 magic wands when the price is $20 per w

Blizzard [7]

Answer:

The answer is 14

Explanation:

8 0

3 years ago

Olivia bought a $1,874 sprinkler system with her credit card. Her credit card has an APR of 10.31%, compounded monthly. She made

Radda [10]

Answer:

Percentage of the total lifetime cost of the system that the original price made up = 59.07%

Explanation:

The monthly payments for the sprinkler system can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or original price of the sprinkler = $1,874

P = Monthly payment = ?

r = Monthly interest rate = APR / 12 = 10.31% / 12 = 0.1031 / 12 = 0.00859166666666667

n = number of months = number of years of payment * 12 = 4 * 12 = 48

Substitute the values into equation (1) and solve P, we have:

$1,874 = P * ((1 - (1 / (1 + 0.00859166666666667))^48) / 0.00859166666666667)

$1,874 = P * 39.1976732321759

P = $1,874 / 39.1976732321759

P = $47.81

Therefore, we have:

Total payment for the sprinkler = Monthly payments * Number of months = P * n = $47.81 * 48 = $2,294.88

Total cost in water = Cost in water per week * Number of weeks in a year * Number of years that Olivia kept the sprinkler system = $2.11 * 52 * 8 = $877.76

Total lifetime cost of the system = Total payment for the sprinkler + Total cost in water = $2,294.88 + $877.76 = $3,172.64

Percentage of the total lifetime cost of the system that the original price made up = (Original price of the sprinkler / Total lifetime cost of the system) * 100 = ($1,874 / $3,172.64) * 100 = 59.07%

4 0

3 years ago

The YTM on a 2 year zero coupon bond is 5% and the YTM on a 1 year zero coupon bond is 3%. What does the no-arbitrage condition

tresset_1 [31]

Answer:

$111.11 or 111.11% of face value

Explanation:

Assuming the face value of $100 for all bonds (without loss of generality)

If the two year coupon bond is repackaged as a one year zero coupon bond paying $12 after one year and another two year bond paying $112 after 2 years, the price of the two zero coupon bonds are given as

Price of one year Zero coupon bond = 12/1.05 = $11.43 (one year ZCB has YTM of 5%)

Price of two year Zero coupon bond = 112/1.06^2 = $99.68 (two year ZCB has YTM of 6%)

So, one can sell the repackaged bonds at a price = $11.43+ $99.68 = $111.11 or 111.11% of face value

7 0

3 years ago

In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units a

Mila [183]

Answer:

the average unit cost: $7.917

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.

In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)

My answer:

Given:

1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.

<=> Total units = 300 + 400 + 500 = 1200 units

<=> Total cost: 300*$6 + 400*$8 + 500*$9

= $1,800 + $3,200 + $4,500

= $9500

As we know that, the average unit cost:

= Total cost / total units

=$9,500 ÷ 1,200 = $7.917

Hope it will find you well.

6 0

3 years ago