C) convenience de others don’t make most of its revenues from those items
Businesses engage in research and development (R&D) when they want to produce new products or find ways to enhance the ones they already have. Larger businesses might have their own in-house research and development group that will evaluate and improve items or procedures prior to use in the marketplace.
The creation of new knowledge is what research and development do. It is a task that businesses carry out in order to create new goods, methods, or services, or to enhance ones that currently exist. Businesses frequently assume risk in order to achieve this.
While the development stage of research and development comprises the processes necessary to bring a new or modified product or process into production, applied research advances the findings of basic research to the point where they can be used to address a particular need.
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Human development varies widely across the provinces of South Africa. Western Cape has the highest score of HDI of approximately 0.77, while Limpopo to the northern border has the lowest around 0.59. Only four provinces, Western Cape, Gauteng, Northern Cape, and free State are above the national average HDI of 0.66. Mpumalanga, KwaZulu-Natal, Eastern Cape, Cape West, and Limpopo have below average scores.
Answer:
a. 20.00%
Explanation:
Monthly loan payment
= (685000*10%*8/12 + 685000)/8
= $91,333.33
PV = -685000
Nper = 8
Using RATE function
= RATE(8,91333.33,-685000,0)*12
= 20%
Therefore, The loan's annual percentage rate (APR) is 20%.
Answer:
This is the sample answer
Explanation:
After a natural disaster, such as a major hurricane, there is increased demand for gasoline, lumber, bottled water, clothing, and other essential goods as people try to replace and rebuild what was lost. At the same time, the supply of these goods likely decreases because of disruptions to factories and transportation. Under normal market conditions, producers would raise their prices at the first sign of trouble, both to offset their own losses from the disaster and to obtain optimal profits.
However, people who have lost everything need to start rebuilding as soon as possible at a price they can afford to pay. The sooner the community is rebuilt and back to normal, the sooner the local economy will return to normal for both consumers and producers. For this reason, I think the government should introduce price ceilings on essential goods during a disaster. Many people would not be able to buy the goods they need without price ceilings. Although producers lose out on maximizing their profits, their actual losses are limited because they are allowed to raise prices to cover production and transportation costs driven up by the disaster.
Because citizens benefit so greatly from them, I think emergency price ceilings are beneficial to the economy as long as producers do not suffer significant losses from them.
