Interest rate? Repayment amounts? Length of time of loan? Smile on the face of the money lender? Might there be a little more to this quesition?
Answer:
Option c) how a consumer might trade off different levels of consumption of each of two goods, while staying at the same utility level.
Explanation:
This is the very definition of an indifference curve. The points in an indifference curve are the combinations of the quantities (level of consumption) of two different goods which will produce the very same utility to the consumer. The consumer will perceive any of those combinations as having the same utility for him.
For example, a usual graph of various indifference curves will look like the graph attached.
In this graph the combination of 2 pairs of shoes and 15 pants will be perceived as having the same utility as the combination of 5 pairs of shoes and 4 pants. Both are combinations in the same indifference curve, the green one, and the utility of any combination lying in that green curve will be rated the same: u = 1.
Answer:
It's best to invest in the second economy
Explanation:
The question does not provide information on the hypothetical economic expectations of the two economies, but as a risk-averse investor, it's a better idea to try to "spread" the risk instead of concentrating it.
In the first economy, conditions might or might not be good. If they are good, returns will be extraordinary because all stocks will provide good returns, but if conditions take a turn for the worse, all stocks prices will fall and the financial consequences will be catastrophic.
In the second economy, results might never be as good as in the first economy, but they also will not ever be as bad. The risk is spread between various stocks, and while some may fall in price, others will rise, and viceversa. For a risk-adverse investor, this a far better option.
Answer:
Missing word <em>"Roll over each of the items below to read about the proportion of marketing employees at different times. Then drag each item into the correct position in the matrix."</em>
Note: The matrix in the question is attached as picture below
Year 2016
Sales mgr Sales Rep Sales asst. Not in
Organisation
<em>2012</em>
Sales Maintain Management Manager Manager
manager Management Representative Assistant Turnover
Position Demotion Demotion
Sales Rep Sales Rep Maintain Rep Rep assistant Sales Rep
Promotion Position Demotion
Sales Asst manager Management Maintain asst. Sales Asst
assistant Promotion Promotion position Turnover
Not in Manager New Sales Rep Sales Assistant
Organi- Hire New Hire New Hire
sation
<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable.
Noncancellable means an insurance policy that can not be canceled as long as the customer makes their premium payments. They can not cancel or change the service agreement for any reason if payments are made.