Answer:
growth rate is 0.9%
Explanation:
given data
time = 10 year
present value = $4.50
future value = $4.92
to find out
growth rate
solution
we will apply here future value formula that is
future value = present value × 
......1
here r is growth rate and t is time
put here value in equation 1
future value = present value ×
4.92 = 4.50 × 
= 1.009
r = 1.009 -1
r = 0.9 %
so growth rate is 0.9%
A strength of the market economy is that resources are used efficiently.
<h3>What is a market economy?</h3>
- A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
- The existence of factor markets that control the distribution of capital and the elements of production is a key feature of a market economy.
<h3>What are a market economy's four characteristics?</h3>
- A market economy is characterized by private property, freedom, self-interest, competition, and minimal government involvement.
- In a market economy, supply and demand are the driving forces.
Learn more about the market economy here:
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Triple bottom line is a framework for reporting material benefit, and this reporting has to be done transparently because of the corporate social responsibilities. This transparent reporting is a part of the triple bottom line.
Answer:
Technology, and williness to work at home. Many laptops have become viable options to complete your work. An increase in better internet and wi-fi also helps with keeping people on task. Many people as well have found it better to work from home, and studies show that productivity have risen
Explanation:
Answer:
b. 499200
Explanation:
Calculation to determine what the equivalent units of production for materials are:
Using this formula
Equivalent units of production for materials=Completed and transferred out units+ Ending work in process units
Let plug in the formula
Equivalent units of production for materials=449700units+ 49500units
Equivalent units of production for materials=499200
Therefore Assuming all materials are entered at the beginning of the process, equivalent units of production for materials are:499200
