Thats a big FALSE because the only reason those big companies got big is because they had marketing plans when they were little companies. Marketing plans are important for ALL businesses, big or little.
Answer:
° Fiscal policy
° Monetary policy
° Exchange rate policy
Explanation:
Macro economics policy are tools used by a country's government through their central bank to influence the supply of money, control interest rate in their economy which will lead to economy stability and growth. The tools are explained below. An increase in government spending will make funds available to the household and firms hence increases the volume of money supply in the economy, while a decrease in government spending will also reduce the availability of money to household and firms.
° Fiscal policy . This refers to the use of tax and government expenditure to regulate the supply of money an economy. For instance, government through its central bank uses tax cut to increase the flow of money in an economy. Also, if the government feels that the supply of money in circulation is too much, which could result in inflation, government can increase taxes to be paid by individuals, firms and businesses which in turn will reduce the availability of money.
° Monetary policy. Monetary policy refers to various tools used by the government to control the flow of money in an economy, which includes open market operation, special reserves, interest rate adjustment. For instance, the government through CBN could buy or sell government issued securities which will ultimately affect the supply of money in an economy. Also, there is usually a minimum amount of reserves which must be held by commercial banks, which ultimately affects the supply of money. An increase in reserve ratio reduces the ability of banks to lend money to their customers while and a reduction in the reserve ratio increases their ability to lend to the public hence increases money supply.
° Exchange rate policy. The value of a country's currency in relation to other country's currency is referred to as exchange rate. Exchange rate policy is used to control inflation, preserve the value of domestic currency and also to maintain a favorable external balance of payments of a country.
Answer:
Additional tax the firm will owe: $3.15
Explanation:
Marginal tax rate is calculated by following formula:
Marginal tax rate = Change in taxes paid/Change in income
Change in taxes paid = Marginal tax rate x Change in income
The firm increases its revenue by $100 while increasing its cost of goods sold by $85.
Change in income = $100 - $85 = $15
Additional tax the firm will owe = $15 x 21% = $3.15
Answer:
It will increase by 0.91180239
The corrrect standard deviation is 79.96874389
Explanation:
<u>With the typo</u>
u = (100 + 200 + 250 + 275 + 300)/ 5 = 225
1 100 - 225 = -125
2 200 - 225 = -25
3 250 - 225 = 25
4 275 - 225 = 50
5 300 - 225 = 75
s = √{(1/(N-1) x (-125)^2 + (-25)^2 + 25^2 + 50^2 + 75^2)}
s = √{1/4 x 25,000}
s = 79.0569415
<u>With the correct value</u>
u = (100 + 200 + 260 + 275 + 300)/ 5 = 227
1 100 - 227 = -127
2 200 - 227 = -27
3 260 - 227 = 33
4 275 - 227 = 48
5 300 - 227 = 73
s = √{(1/(N-1) x (-127)^2 + (-27)^2 + 33^2 + 48^2 + 73^2)}
s = √{1/4 x 25,580}
s = 79.96874389
Difference 0.91180239
