Answer:
1,040,000
Explanation:
We can calculate the money will Kalen need to have accumulated at age forty-five by dividing the annual birthday payments by the effective interest.
DATA
Annual birthday payments = A = $40,000
Effective interest = i = 4%
Calculation
Value at age 45 = A / i + Co
Value at age 45 = (40000 / .04) + 40000
Value at age 45 = 1,040,000
Kalen will need to have accumulated money of 1,040,000 at age forty-five, just prior to his first $40,000 birthday payment.
Answer:
(D) private goods.
Explanation:
Goods is a material that, in economic theory, satisfies people's wishes and provides usefulness. Goods and services are different. In economic theory all goods are considered material, but in reality such goods as information (or information) are non-material goods. For example, although Apple is a tangible asset among other commodities, news is related to non-material class goods and can only be perceived through tools such as Computer and Printing. Material goods such as apples differ from non-material goods as information in terms of the impossibility of a person to keep the other physically, while the former occupies a certain physical area. Intangible goods differ from services in the sense that they are transferable or sold. Price elasticity also differentiates the types of goods. Elastic goods are commodities where there are major changes in quantities due to small changes in the price and, therefore, relate to the family of substitute goods; For example, consumers will prefer to buy pencils, such as pencil shields. Intangible goods are few and no substitutes, such as racing tickets, artist's original work, and medical supplies such as insulin. Complementary goods are more elastic than substitutes. It depends on which commodity is substituting or complementary to other goods.
Private goods are both excludable and rival in consumption. Most goods in the economy are private goods. A private commodity or goods is a product to be purchased for consumption and prevents the consumption of another by one person. In other words, when there is competition between people for the sake of good, good is something special or private, and consuming good prevents one from consuming it.
The best suggestion to give to Frank when he asked about
what could be done with the data that is being generated is that the data may
be of good use when the social media are being used in having to find out the
customer’s recommendations and the ones that they are buying in which could be
the common interest of buyers.
<span>James Bonsack invented a cigarette making machine in 1881, this so called machine could make up to 120,000 cigarettes a day.</span>
Answer:
Sell two to three food products together as a package to increase sales.
Explanation:
In most of the supermarkets, the concepts of the combo are used that means many supermarkets merge few products in one packet so than the company sales would be increased
Since in the question it is mentioned that Gary who runs a supermarket for many years. He deals in perishable and seasonal products
In order to cover the aspects of distribution, option B is correct as it is directly linked to the supermarket sales
