Answer:
For a set period, the capital market effectively transfers monetary purchasing power from investors' surplus funds to those with deficits in return for greater future purchasing power. They are crucial in the recapitalization and privatization of huge infrastructure projects and industries.
Explanation:
Answer:
It is an example of scheduled obsolescence.
Explanation:
The new line of affordable cars does appeal to lower-income groups, however, they are not a safe long term investment.
In the industry it became common to sell low price products (that appeals to the masses) that also have low durability, thus forcing the buyer to purchase a newer model in a short amount of time.
This process takes advantage of the fact that the low-income part of the population doesn't have the means to make a long term investment on a higher quality product.
This process is called scheduled obsolescence, for its intentionally lack of durability.
Katherine's opportunity cost of attending the lecture is: the transportation and time cost of getting to the lecture event itself plus the reduction in her physics exam grade by not studying tonight.
<u>Explanation</u>:
The opportunity cost is the "cost" lost by not enjoying the benefit associated with the chosen alternative choice. People usually make use of opportunities to make themselves better.
The opportunity cost can be explained as giving up of profit or value to achieve something else. Opportunity cost is the value of giving up the best thing whenever you make a decision. When Katherine decided to attend the lecture of her favorite author, she lost her time, transportation cost and even scored low grade in physics exam as didn’t study on exam night.
Unlike medieval paintings, Renaissance culture no longer primarily focused on Christianity when it came to art.
