Answer:
externalities
Explanation:
Based on the scenario being described within the question it can be said that this provides the location-specific advantage of externalities. This term refers to the consequences/benefits incurred from third party activities whether or not you are part of that industry or market. Which in this case having all the companies in a specific location allows them to benefit from one another without there being an intent to.
Answer:
A) positive externalities
Explanation:
Positive Externalities represents a level of benefit that external or third parties can enjoy as a result of a a research or an economic transaction. It is the benefits that competitors in a business line for instance, can enjoy as a result of the technological breakthrough in product or process by a business.
In other words, as in the question, while Bell Laboratories developed the laser technology, competitors and other businesses have been able to incorporate the developed technology in various applications including data transmission, medical use among others.
Therefore, although they didn't develop the technology, they benefit from its development
The answer is A because if you die prematurely it makes an issue.
Answer:
$12,015 approx.
Explanation:
To calculate present value of a future amount, the future amount is discounted at the rate of interest for the period of investment, which reveals present value as on today. The technique is referred to as discounting technique.
Suppose P denote the amount invested today, which when matured after period of two years yields $13500. Following formula is used for calculating the money invested:
wherein, A = Amount
P = Principal
R = Rate of interest
n = number of years
13,500 = 1.1236 P
⇒ P = 12,015 Approx.
Thus, $12015 is required to be deposited today so as to yield $13,500 after 2 years compounded at 6% per annum rate of interest.
The correct answer is job evaluation.
The job evaluation is a formal and systemic comparison to determine the worth of one job in comparison to another.