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jolli1 [7]
3 years ago
12

A key to economic growth and development is to:

Business
1 answer:
denpristay [2]3 years ago
7 0

According to economic theory, productivity is the main key to economic growth, It is, the relation between output over input. Productivity is mainly driven by four components: innovation, including the creation of new technologies: education to spread these new technologies and develop the capacity of the workforce, efficiency to promote the effective and flexible allocation of resources for production in various sectors.

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The lakeshore hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: month guest-day of
Law Incorporation [45]

Answer:

cost formula: Total cost = F + (V x Q) = $4,500 + ($0.75 x Q)

  • F = fixed costs = $4,500
  • V = variable costs = $0.75 per guest day
  • Q = number of guest days

Explanation:

month                      occupancy              supplies expenses

march                           4,000                         $7,500

april                              6,500                         $8,250

may                              8,000                        $10,500

june                             10,500                       $12,000

july                               12,000                       $13,500

august                           9,000                       $10,750

september                    7,500                         $9,750

high activity level        12,000                       $13,500

low activity level           4,000                        $7,500

variation                        8,000                        $6,000

variable cost per guest-day = $6,000 / 8,000 = $0.75

fixed costs per month = $13,500 - (12,000 x $0.75) = $4,500

cost formula: Total cost = F + (V x Q)

F = fixed costs = $4,500

V = variable costs = $0.75 per guest day

Q = number of guest days

3 0
2 years ago
An investment project requires an initial investment of $100,000. The project is expected to generate net cash inflows of $28,00
Mamont248 [21]

Answer:

the payback period of the project is 3.57 years

Explanation:

The computation of the payback period is shown below;

Payback period:

= Initial investment ÷Cash inflows

= $100,000 ÷ $28,000

= 3.57 years

We simply divided the initial investment by the cash inflows so that the project payback period could come

Hence, the payback period of the project is 3.57 years

6 0
3 years ago
Which of the following is TRUE?​ a. ​All of the above b. ​Attending and listening are the ways in which you communicate empathy.
AysviL [449]

Answer:

a. All of the above

Explanation:

Attending refers to being present or being available for someone. Listening refers to patiently hearing the client and their issues.

Attending and listening are the ways which depict the trait of empathy, which refers to sympathizing with understanding and trying to experience others feelings.

At the same time, attending and listening activates many areas of brain which aids in effective communication and better comprehension.

Also, such traits serve as a basis for conducive working alliance between counselor and the client.

3 0
2 years ago
Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima
lbvjy [14]

Answer:

D : 2.17%.

Explanation:

The 26% is an APR(Annual Percentage Rate). This is a quoted rate that  a credit card company charges . It is also known as the  nominal rate.

Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;

Monthly rate = APR / n

APR = 26% or 0.26 as a decimal

n = compounding periods = 12

therefore, Monthly rate = 26% /12 = 2.17%

5 0
3 years ago
Sweet Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
Reika [66]

Answer:

$4,775,565.49

Explanation:

The computation of the selling price of the bond is shown below:

Particulars                  Amount PV factor 6%       Present value

Semi-annual interest $216,209 19.60044    $4,237,791.53

Principal                         $3,088,700     0.174110131  $537,773.96

Total                                                       $4,775,565.49

Working notes

Semi-annual interest $216,209 = $3,088,700 × 14% × 6 ÷ 12

PV factor 3%:    

Semi-annual interest 13.76483115      = {(1 - (1.06)^-30) ÷ 0.06 }

Principal 0.174110131  = {1 ÷ 1.03^30}

6 0
3 years ago
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