Answer:
The correct answer is A
Explanation:
The US president salary is $400,000 whereas the New York shortstop receives the annual salary which amounts to $23.2 million. And the president of the US contributes more to the society than the Deter Jeter.
From this it can be concluded that the factors other the marginal revenue product (which is an additional revenue that is generated from using additional unit of the input), most probably states or explain the differences in the salary of of the both the person.
Answer:
1. Interest Rate Risk ⇒ <u>Risk associated with price fluctuations caused by interest rate changes. </u>
2. Reinvestment Risk ⇒ <u>This is the risk that a firm's cost of debt will fall and as a result reinvested coupon payments will earn less yield moving forward.</u>
3. Default Risk ⇒<u> Risk that the Borrower will not make payments on time or in full.</u>
4. Floating rate bond ⇒ <u>Coupon Payments typically follow a benchmark market rate.</u>
5. Zero Coupon Bond ⇒ <u>All of the yield is determined by the difference in the price of the bond and the par value. </u>
6. Consol Bond ⇒ <u>Can be assessed using the perpetuity formula.</u>
Answer:
Mario's Italian Gardens worked with a local bank for <u>a line of credit.</u>
Explanation:
A line of credit is a type of credit facility in which financial institutions, banks or other licensed consumer lenders extend a credit facility to a customer, business or government.
Therefore, a line of credit is a source of funds which can be tapped by the customer in case of an immediate need. Interest needs to be paid on the withdrawn money only.
<u>Therefore, Mario's Italian Gardens worked with a local bank for a </u><u>line of credit.</u>
Answer:
0.25
Explanation:
The marginal rate of technical substitution (MRTS) can be described as the rate of a reduction is one factor to maintain the same production level when another factor is increased.
Given that labor is measured on the horizontal axis, the MRST of K for L can be calculated as follows:
Where;
MPK = Marginal product of capital = 2
MPL = Marginal product of labor = 8
Substituting the values into the equation, we have:
This implies that 0.25 of capital must be given up to have one unit of labor.