Answer: Employed.
Explanation:
Daryl is employed, because he has a job, where he works 15 hours a week. The job although it is not a full-time job still is a form of employment, where Daryl works and is paid.
Answer:
The question is incomplete
Choose one correct answer from the following;
a.the demand for trees is inelastic.
b. total revenue to tree producers rose this year.
c. consumers bought the same number of Christmas trees this year as last year.
d.the price of the Christmas trees stayed the same.
e.the demand for trees is unit elastic.
The answer is e.the demand for trees is unit elastic.
Explanation:
Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2
Answer:
Internal Rate of Return (IRR) = 10%
Explanation:
The computation of IRR for the new production system is shown below:-
PV factor for Internal Rate of Return = Investment cost ÷ Annual net cash savings
PV factor for Internal Rate of Return = $4,607,200 ÷ $800,000
= 5.759
The PV factor 5.759 in Present value of a Annuity of $1 table for 9 years is closest to 10%
Internal Rate of Return (IRR) = 10%
Answer: d. both a and b
Explanation: If the company has market power, it means that its customers will get their products no matter how much they care, whether they have no competitors nearby or no substitutes. This company has a monopolistic characteristic, that is, depending on the price set by buyers, they will demand more or less, if this company wants to increase its sales in the future, the price must be lowered.