Answer: Option (D) is correct.
Explanation:
Production possibility curve is a curve which depicts all the combination of goods that a firm can produce with the given resources. This curve shifts if there is any changes in the technology, skills and in the factor of production such as coal, oil, etc. So, if there is any improvement in the technology then as a result more goods can be produced with the same level of resources. This is due to the improvement in the farmers productivity which results from advanced technology.
Answer:
The driving forces in an industry are: Option C: major underlying causes of change in industry and competitive conditions and have the biggest influences in reshaping the industry landscape and altering competitive conditions.
Explanation:
Driving force of any organization can be external or internal forces. External ones are like the competitors, profits or technology. Internal forces can be the knowledge of employees, office politics and even competence of all office people). All these factors influence the industries and help them shape the future of an organization.
Thus, Option C is the most appropriate driving force because it causes change in industry and create competition among industries and reshape the industry landscape.
Answer:
"Combatant Commanders" is the correct answer.
Explanation:
- Combatant Commands should provide armed services with tactical orders including coordination and control.
- This may have a huge effect on how they are structured, equipped, which provisioned places that have statutory jurisdiction throughout Congress.
So that the above would be the right answer.
Answer:
Option (d) is correct.
Explanation:
Linear demand curve represents the relationship between the price of the goods and the quantity demanded for a particular good and there is a inverse relationship between the price of the goods and quantity of goods demanded.
The linear demand is elastic in nature at relatively higher prices. If there is a any increase in the price level then as a result the quantity demanded for that good decreases. Slightly change in the price level will lead to larger change in the quantity demanded.
Answer:
PV= $15,291.74
Explanation:
Giving the following information:
Annual cash flow= $1,5000
Number of years= 20
Interest rate= 7.5%
To calculate the present value, first, we need to determine the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {1,500*[(1.075^20) - 1]} / 0.075
FV= $64,957.02
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 64,957.02/(1.075^20)
PV= $15,291.74