Answer: the importance of technical education. What would happen without technology. We wouldn’t be able to do our homework. We would have to write down our essays, and not be able to store our hard work. Technology is a huge asset to schools. We even use it to send emails to our teachers and submit essays. So without technology our schools would be a lot harder.
Explanation:
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Answer:
In percentage terms It wil lbe an increase of 60%
Explanation:
We will calculate as follow:
currently the revenue is 1.55
if the price goes up to 3.10 the demand falls by 20%
so we are reducing sales revenue by 20%
3.10 x ( 1 - 20%) = 3.10 x 0.8 = 2.48
Now we can calculate the percent of change in the water expenditure:
2.48/1.55 - 1 = 0.60
In percentage terms It wil lbe an increase of 60%
Answer:
$150,876.91
Explanation:
To calculate, the present value of an ordinary annuity formula is used as follows:
PV = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] …………………………………. (1)
Where;
PV = Present value of the payments =?
P = yearly payment = $30,000
r = interest rate = 11% = 0.11
n = number of years = 5
Substitute the values into equation (1) to have:
PV = $30,000 × [{1 - [1 ÷ (1+0.11)]^5} ÷ 0.11] = $110,876.91
Amount to record = $40,000 + $110,876.91 = $150,876.91
Answer:
The correct answer is B) monopolistically competitive market.
Explanation:
Monopolistic competition is an imperfect type of competition in which there is a high number of sellers in the market that have a certain power to influence the price of their product.
The products offered are characterized by having some differentiation and it is precisely this differentiation that makes these companies enjoy a certain market power, have a certain voice when it comes to setting their prices and are not merely "price-acceptors", as in the case of perfect competition. Therefore, the graphic representation of monopolistic competition will be that of the right, imperfect competition.
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