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3 years ago

The methods used by a society product distribute and consume goods and services

Business

1 answer:

k0ka [10]3 years ago

6 0

The economic system is the method used by a society to produce and distribute goods and services

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Waterway Industries, has 16500 shares of 4%, $100 par value, cumulative preferred stock and 62000 shares of $1 par value common

mario62 [17]

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3 years ago

What affect the size of monthly mortgage payment

mel-nik [20]

<span>The size of your down payment, The length of your mortgage, The purchase price of your house</span>

3 0

4 years ago

Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and ca

nikdorinn [45]

Answer:

A) Country 1's PPF lies further to the right than country 2's PPF.

Explanation:

Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.

If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.

Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.

7 0

3 years ago

You Save Bank has a unique account. If you deposit $7,250 today, the bank will pay you an annual interest rate of 4 percent for

MAVERICK [17]

Answer:

$15960.94 is the amount I will have in my account after 17 years.

Explanation:

Firstly we are given the present value of the investment that we will be saving so it will be $7250. we are further given that this investment will be saved during a period of 17 years at different rates through the 17 years so we are looking for the future value after 17 years therefore we will use the future value investment formula as just only one amount is invested.

The future value formula = $Fv = Pv(1+i)^n$

where Fv is the future value of the investment after 17 years,

Pv is the invested amount initially $7250

i is the interest rate which here it is 4% for the first 5 years, then 4.6% after for 4 years, thereafter 5.3% for the remaining 8 years so we will.

n is the number of years of the investment as per their given interest rates, substitute these values to the above mentioned formula:

Fv= $7250((1+4%)^5) ((1+4.6%)^4)( (1+5.3%)^8) then compute on a calculator

Fv = $15960.938 then we round off to two decimal places

Fv = $15960.94 which will be the amount that will be saved after 17 years .

7 0

3 years ago

Read 2 more answers

Perfect substitutes A. always have indifference curves with slopes of minus1. B. have horizontal indifference curves. C. always

torisob [31]

Answer:

Option (D) is correct.

Explanation:

Perfect substitute goods are the goods which can be used in place of each other.

Perfect substitutes refers to the goods which are having identical characterstics, features and provide the exactly same level of satisfaction.

The marginal rate of substitution for these perfect substitute goods remains constant which means that the trading of one good for the another good is at a fixed rate.

3 0

4 years ago