Answer:
price per unit times the number of units sold.
Explanation:
total revenue = total number of units sold x price per unit
the other options are incorrect because:
- the variable cost per unit times the number of units sold = total variable costs
- the change in revenue when one additional worker is hired = marginal revenue product of the additional worker
- firms seek to maximize profits, not revenue
Overall, Snead's Snack Bar earned more in July, with $2600, while in June they only earn $2500
Answer:
The answer is C.
Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.
What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.
Answer:
The causes of the Great Depression were many and varied, but the impact was visible across the country. By the time that FDR was inaugurated president on March 4, 1933, the banking system had collapsed, nearly 25% of the labor force was unemployed, and prices and productivity had fallen to 1/3 of their 1929 levels.
Later, a second New Deal was to evolve; it included union protection programs, the Social Security Act, and programs to aid tenant farmers and migrant workers. ... In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.
Explanation:
The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.” Subprime mortgages are home loans granted to borrowers with poor credit histories. Their home loans are considered high-risk loans.
Answer:
As the actual price of such bonds should be $950.51 and the bonds are offered at a lower price, the bonds should be bought at the offered price.
Explanation:
To determine whether the bonds should be bought at the given price or not, we first need to calculate the price of the bond. The formula for the price of the bond is attached.
The interest payed by the bonds can be treated as an annuity.
The semiannual rate will be = 9% / 2 = 4.5%
The number of semi annual payments will be = 7 * 2 = 14
The YTM expressed semi annually will be (r) = 10% / 2 = 5%
Semi annual coupon payment or C = 1000 * 0.045 = 45
Bond Price = 45 * [(1 - (1+0.05)^-14) / 0.05] + 1000 / (1+0.05)^14
Bond Price = 950.5068 rounded off to $950.51
As the actual price of such bonds should be $950.51 and they are offered at a lower price, the bonds should be bought at the offered price.
