In Philosophy, logic seems to be prominently used as means to finding reason in someone's claim. This describes which statements are considered valid or fallacious. This being said, valid statements carry logic whereas the other does not. We appreciate your questions. Please, never hesitate to ask more in Brainly your queries.
Answer:
9.61 years
Explanation:
For this question , we use the NPER formula that is presented in the attached spreadsheet
Given that,
Present value = $12,000
Future value = $30,000
Rate of interest = 10%
PMT = $0
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is 9.61 years
No, Conversion is not limited to Theft.
The purely competitive market structure is allocative efficient because production takes place at a point where price is equal to marginal cost.
<h3>What is a
purely competitive market?</h3>
A purely competitive market is a market structure that is characterised by many sellers of goods that are considered homogenous. There is perfect information in the market and the price in this market is set by the forces of demand and supply. In a purely competitive market, there is little or no barriers to entry into the market.
In a purely competitive market is allocative efficient because products are optimally distributed among buyers in an economy. This means that production takes place at a point where price is equal to marginal cost.
To learn more about allocative effieicincy, please check: brainly.com/question/7113859
#SPJ1
