The hierarchy of needs theory, which describes how people need to meet their survival needs of food, water, and shelter before they meet emotional and fulfillment needs. In poor countries, small increases in financial well being can lead to a bigger increase in fulfilling needs than someone in a richer country where people are already at a higher level of need fulfillment.
Answer:
6.30 percent
Explanation:
Base on the scenario been described in the question. For we to calculate the current yield of one of the bond, we have to use the following procedure
Current yield = ( 0.065×$1,000)/(1.0316 × $ 1,000)
Current yield = 65 / 1,031.6
Current yield = 0.063008918185343× 100%
Current yield = 6.30percent approximately.
Answer:
Allocation rate Machining= $50 per machine hour
Explanation:
Giving the following information:
Estimated Machining cost= $4,000,000
Estimated Number of machine hours= 80,000
<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>
Allocation rate Machining= total estimated costs for the period/ total amount of allocation base
Allocation rate Machining= 4,000,000 / 80,000
Allocation rate Machining= $50 per machine hour
Answer:
market economy
Explanation:
A market economy refers to the system in which supply and demand regulations direct commodity and service development. Supply involves natural, capital and labor. Demand involves customer, corporation, and government procurement.
In other terms, a market economy refers to the economic system in which innovation, manufacture and distribution choices are driven by the market mechanisms generated by market forces powers. The main feature of a market economy is really the presence of variable markets which play a leading role in allocating capital and output factors.
Opportunity based decision making