Microeconomics is the study of economics which study small units of economy.
What is microeconomics and macroeconomics?
The study of economics at the individual, small group, or business level is known as microeconomics. The study of a nation's economy as a whole is called macroeconomics, in contrast. Problems that affect both people and enterprises are the main emphasis of microeconomics. Macroeconomics is the study of issues that affect both the world and the nation.
What is the purpose of microeconomics?
The decision-makers can assess and decide how the productive resources are allocated for different goods and services with the aid of a study of microeconomics. Additionally, it aids in resolving the conundrum faced by producers on what to make, how much to produce, and for whom to produce.
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Answer:
Calculate your financial resources
Personal investment. Most start-ups require some personal investment by the entrepreneur—either cash or personal assets used as collateral to secure financing. ...
Friends and family. ...
Debt financing. ...
Outside equity financing. ...
Grants and subsidies.
Explanation:
Answer:
3. fall if the price index rises.
Explanation:
- According to the nominal income, the inflation is a one of the major factors that decrease the amount of the goods and the services that would be afforded with a given amount of the nominal incomes thus if the person wants to keep this real income steady for the next year's nominal income may fall as the increase of the inflation in the economy. And can erode the nominal income gains.
Answer:
The options for this question are the following:
A. payoff matrix.
B. mission statement.
C. tactical plan.
D. organization chart.
The correct answer is B. Mission statement.
Explanation:
A good mission statement is a useful tool for well-managed businesses. It is the "why" of business strategy.
A mission statement defines the objectives of what a company does by:
Your clients
The employees
Their owners
Some of the best mission statements also extend to include the fourth and fifth dimensions: what the company does for its community and for the world.
In terms of marketing, a mission statement is a brief paragraph that describes what your business does and why it exists. If that sounds like useless marketing that could be labeled as a long list of the most important things to do, you're not alone.
The reality is that many mission statements are ineffective. Usually, they are the ones written in minutes with very little thought from their creators.
Answer:
The amount of the equal, annual deposits made on birthdays 5 through 15 is $3,970.58
Explanation:
First, let's calculate the present value of the college expenses on her 17th birthday (a year before college) using NPV formula
NPV(9%, 20000...32000) = $82,839.69
Now, its value on 15th birthday should be equal to 82,839.69 / (1 + 9%)² = $69,724.51
Using the PMT formula, we can calculate the annual amount they have to invest for 11 years to get to this sum at 9% annual rate
PMT(rate = 9%, nper = 11, pv = 0, fv = 69,724.51, 0) = $3,970.58
