Answer:
Find attached statement and the question which question number 10.
The correct option is C,$90
Explanation:
In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of $23.55 was charged(Section 7)
Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785
balance transfer charge(%)=$23.55/$785=3%
However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).
The correct option then is C,$90
Answer:
20%
Explanation:
Ownership of XYZ Corp. in ABC Partnership = 100% of ABC Partnership * Percentage owned by XYZ Corp.
= 100% * 50%
= 50%
Ownership of Nancy = Interest in ABC Partnership + Ownership of XYZ Corp. in ABC Partnership * Interest of Nancy In XYZ Corp.
= 10% + (50% * 20%)
= 10% + 10% = 20%
A perfectly competitive firm faces a downward-sloping demand curve.
<h3>What is demand curve?</h3>
It is a visual illustration of the connection between product pricing and demand-side quantity. The graph is built with amount demanded on the horizontal axis and price on the vertical axis.
Demand curve has two types-
- individual demand curve: The quantity that a specific household wants at different prices is represented by a demand curve for that particular household. The graphic representation of the individual demand schedule is another way to describe it. It can be created by analyzing consumer behavior in response to price changes.
- market demand curve: The total of each individual demand curve for a certain good on the market constitutes the market demand curve. It displays the quantity of the commodity that is demanded at various pricing points. The market demand curve has a negative, or downward, slope because quantity requested declines as price rises.
<h3>What is
downward-sloping demand curve?</h3>
A demand curve demonstrating how demand declines as price rises.
The price elasticity of demand is always negative for a downward-sloping demand curve since the price and quantity requested move in the opposite directions.
To know more about the demand curve, here
brainly.com/question/1139186
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Answer:
It will take approximately 55 years
Explanation:
<em>The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years</em>
FV = PV × (1+r)^(n)
FV= 50,000, PV = 4,000, n-?, r- 5%
50,000 = 4,000 × (1.05)^n
divide both sides by 4000
12.5 = 1.05^n
n= log 12.5/log 1.05
n = 51.8
The number of years = 51.8 + 3 years
=54.767
Approximately 55 years
It will take 55 years
Answer:
The correct answer is (D)
Explanation:
Petra programming and wonder web both are operating on a 90 present curve level and that is the maximum they can achieve with the given resources. To compete and take cost leadership positions they must improve the resources. Likewise, the best way is to improve existing technology. New technology will help them achieve cost leadership position and move further on the learning curve.
