Answer:
You should pay $84.42 today for the bond.
Explanation:
bond price = value of bond/[(1 + interest rate)^number of years]
= $100/[(1 + 1.9%)^9]
= $100/(1.185)
= $84.42
Therefore, You should pay $84.42 today for the bond.
Answer:
The answer is D. All of the above are plausible
Explanation:
A. Opportunity costs are relatively low is reasonable because as football game is taking place, most of the local people will go to the field to enjoy the field rather than spending their time at local shops/restaurants. Moreover, there are not many people from other towns visiting these facilities because of far distance.
B. is reasonable because it is high school football not professional football so the expenses spent on watching the game is low.
C. is is plausible because these towns are quite remote so watching their young neighbors/relatives playing may be one of the few entertainment choices available to them in weekend.
=> So, the answer is D.
Callaway golf company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions regarding buying custom clubs. this is an example of a(n) "cross-sectional study".
<h3>What is cross-sectional study?</h3>
A cross-sectional study examines data from a group of people at one point in time. Participants throughout this type of research are chosen based on certain variables of interest.
Some key features of cross-sectional study are-
- Cross-sectional studies are common in psychology, but they are also employed in many other fields, such as social science and innovation.
- Cross-sectional studies is observational in nature but are classified as descriptive research rather than causal or relational research, which means they cannot be used to pinpoint the source about something, such as a sickness.
- Researchers collect information from a population, yet they do not change variables.
- This strategy is frequently used to draw conclusions about potential links or to collect early data to enable additional research and experimentation.
To know more about the cross-sectional study, here
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ANSWER: There are many ways how entrepreneurs benefit the economy. Few of them are
1) Create Jobs: Entrepreneurs create jobs in the community. When someone opens a new business or expands his new business, he will need human resource to help him to do his works.
2) Wealth Creation: Entrepreneurs pool in their own money and attract investment from lenders, banks and other investors. This mobilizes public wealth.
3) Exports: Entrepreneurs after growing in their businesses will want to export their products as a part of extending their market. This will help gain foreign currency in the country.
Answer:
-1.5
Explanation:
Given the following :
Rothschild index = 0.6
Elasticity of demand for total market = - 0.9
Annual sale = $1,450,000
Elasticity of demand for a representative retailer's product :
Using the Rothschild demand Elasticity relation:
Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product
0.6 = - 0.9 / Elasticity of demand for a representative retailer's product
Elasticity of demand for a representative retailer's product = - 0.9 / 0.6
= - 1.5
