Answer:
$8
Explanation:
The yearly amount of interest earned on a $100 deposit at 4 percent rate is:
Since simple interest investments yield a constant interest each year, the amount earned after two years is:
The total amount earned is $8.
Answer:
3 cases
Explanation:
Marginal product refers to change in the total output when an additional input is employed. For example, output is 5 units when 2 laborers are employed. When another unit of input i.e 3rd laborer is employed, the output rises to 9 units. In this case marginal product of the 3rd unit of labor would be 9 - 5 i.e 4 units.
In the given case, before Atul is hired, the production was 4 cases per week. After his being hired, it rose to 7 cases per week. Thus Atul's marginal product in the given case would be 7 - 4 i.e 3 cases.
Answer:
Number of shares to be issued = 60,000 units
Explanation:
<em>A private placement involves the issue of new shares to a few number of individual and institutional investors. Unlike initial public offering, here the shares are not offered to the general public.</em>
The number of units to be issued is determined as follows
Units to be issued = Total capital to be raised / issue price per share
Number of units to be raised = $1215,000/$20.25 per share= 60,000 units
Number of shares to be issued = 60,000 units
Answer:
Total widgets supplied in the market will be 4000
So option (d) will be correct answer
Explanation:
We have given total number of suppliers = 100
It is given that half of the suppliers supply 35 widgets
So 50 supplier supply 35 widgets each
So total number widgets supplied by 50 supplier = 50×35 = 1750
A quarter, that is 25 supplier supply 40 widgets
So widgets supplied by 25 supplier = 25×40 = 1000
And other quarter, that is 25 supplier supply 50 widgets each
So widgets supplied by 25 supplier = 25×50 = 1250
So total widgets supplied in the market will be = 1750+1000+1250 = 4000
So option (d) will be correct answer
