Answer:
The correct answer is option A.
Explanation:
Sophie is willing to sell a textbook for $30, while Ruby is willing to purchase it for $60. Both negotiate and agree on a price of $45.
The gain for Sophie will be the difference between the minimum price she was expecting and the price she gets for the textbook.
Gain for Sophie
= $45 - $30
= $15
The gain for Ruby will be the difference between the maximum price she was willing to pay and the price she actually paid.
Gain for Ruby
= $60 - $45
= $15
So, both of them have a gain of $15 from trade.
Answer: b. For a bond of any maturity, a 1.0 percentage point increase in the market interest rate (rd) causes a larger dollar capital loss than the capital gain stemming from a 1.0 percentage point decrease in the interest rate
Explanation:
This is very true. If market rates reduce by 1.0%, there is a larger drop in the price of a bond than the amount a bond gains in price if interest rates increase by that same 1.0%.
This is why the graph that relates bond prices to yield is concave and I attached a graph as proof.
Notice how the fall in price is greater when interest rate increases.
Answer:
A.The U.S dollar became backed by gold for the first time
Answer: level of involvement
Explanation:
It should be noted that when people want to purchase a product, they usually look for information themselves or probably seek informations from those close to them such as friends and family.
It should be noted that a consumer will use one of three general problem-solving variations, extended, limited, or routine, based on product knowledge and level of involvement.
Answer: Professional benefits.
Explanation:
The company is able to make progress because of the professionalism of both the workers and their manager. An understanding exists between workers and their manager.
