It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.
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The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.
The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.
<u>Explanation</u>:
- A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
- The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
- So the convexity of the bond is 61.810.
Answer: breakthrough
Explanation: In simple words, breakthrough project refers to a project which results or has a potential to result as a sudden and huge development for the organisation.
In the given case, the new chemical product by the organisation is a new invention and can ease the job of the field workers.
Hence it can prove as a breakthrough for new digger.
Answer:
Constant Return to Scale
Explanation:
Based on the information given the numbers
suggest that between 100 and 110 units of output, the firm producing this output has CONSTANT RETURN TO SCALE.
Constant Return to Scale occurs in a situation where the proportional increase in all the inputs is as well equal to the proportional increase in output which means the returns to scale are constant , which is why RETURNS TO SCALE help to describe all what happens to long run returns when the scale of production increases.
Therefore Constant returns to scale often occur when the output increase in exactly the same way or the same proportion as the factors of production.
