Answer: a. 0.042 b. 0.086 c. 0.00692
Explanation:
NOTE: Convert months to years. So 24 months = 2 years.
a. Six months
Months to year conversion gives: 6months/24months as 1/4 years
= (1 + 18%)^ 1/4 — 1 x 100%
= 1.042 — 1
= 0.042
Equivalent Discount Rate = 0.042
b. One year
12months/24months as 1/2 years
= (1 + 18%)^1/2 — 1 x 100%
= 0.086
Equivalent Discount Rate = 0.086
c. 1 month
1month/24months as 1/24 years
= (1 + 18%)^1/24 — 1 x 100%
= 0.00692
Answer:
65 firms will be in the industry at the new long run equilibrium
Explanation:
in the long run the P=ATC
quantity before the change is
200 = 1000-4Q
4Q = 800
Q= 200
each firm output = Q/number of firms = 200 / 50
q = 4
new quantity is
200 = 1240-4Q
4Q = 1040
Q = 260
number of firms=new Q/q
=260/4 = 65
the number of firms is 65 in the long run.
It is TRUE that Anna would be well-advised to consider her
personal needs and values in the analysis, not only the bank’s features when
she’s
choosing a bank and a checking account.
Opening
a checking account might seem like a simple task. You just walk into a bank
near your home or office, fill out an application, hand over a deposit and
you're all set, right?
Not
quite.
<span>While
it is often that easy to open an account, it's not always that easy
to choose a
checking account. That's because banks, credit unions and other financial
companies offer a wide range of checking accounts with different features and
fees. Unless your banking needs are unusually basic, you should do some
research and shop around for an account that's right for you.</span>
I am hoping that this answer has
satisfied your query and it will be able to help you in your endeavor, and if
you would like, feel free to ask another question.
