I think it is
<span>D.)substituting existing technology with a new technology to produce more goods
I hope this helps </span>
Choice B. Economics is the study of the ways in which money is created and used in society.
Hope this helps and have a great rest of the day!! :)
Answer:
LeCompte Corp.
The profit margin that LeCompte Corp. would need in order to achieve the 15% ROE, holding everything else constant is:
A) 7.57%.
Explanation:
a) Data and Calculations:
Assets = $312,900
Common Equity = Assets = $312,900
Sales for the last year = $620,000
Net income after taxes = $24,655
Expected return on equity (ROE) = 15%
ROE (in amount) = $312,900 * 15% = $46,935
Profit margin = Returns on Equity/ Sales * 100
= $46,935/$620,000 * 100
= 7.57%
b) The expected returns on equity in dollars is equal to the net income. Therefore, we can use the ROE to calculate the profit margin. The profit margin expresses the relationship between sales and profit. It shows the profit made from each dollar sales.
D. There is a maximum yearly contribution limit
Answer:D Expansion
Explanation:
Economics Definition of Expansion is: It is a period of economic growth as measured by a rise in real GDP.
