The equilibrium level of consumption is $28500.
The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.
If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.
Given this condition, we can conclude in economics that consumption is at its level of equilibrium.
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Answer:
Transparency
Explanation:
Transparency as regards Businesses can be explained as process involving been honest as well as open and straightforward about activities involving company operations.
It should be noted that Transparency could be uncovered As Accenture explores an end-to-end business flow that has reconciliation between multiple parties.
Answer:
d. change in total revenue per one unit change in quantity sold.
Explanation:
A monopolist marginal revenue is change in total revenue per one unit change in quantity sold.
Average revenue is total revenue divided by quantity sold.
A monopolist is a firm that only exists in an industry.
I hope my answer helps you.
Answer:
$627
Explanation:
To find the answer, we use the present value of an annuity formula:
![P = A[1-(1+i)^{-n} /i]](https://tex.z-dn.net/?f=P%20%3D%20A%5B1-%281%2Bi%29%5E%7B-n%7D%20%2Fi%5D)
Where:
- P = Present value of the investment
- A = Value of the annuiry
- i = interest rate
- n = number of compounding periods
Now, we plug the amounts into the formula:
![12,600 = A[1-(1+0.0465)^{-60} /0.0465\\]](https://tex.z-dn.net/?f=12%2C600%20%3D%20A%5B1-%281%2B0.0465%29%5E%7B-60%7D%20%2F0.0465%5C%5C%5D)
12,600 = A (20.09870355)
A = 12,600/20.09870355
A = 627
Thus, the value of the monthly payments is $627
Answer:
The correct answer is c. Controlling scope.
Explanation:
The scope of control is the number of employees that a manager supervises. Companies work to determine the optimal number that managers can monitor while being effective on the job. The more employees a manager supervises, the broader their scope of control. Both a wide and narrow control range have clear advantages.
Managers don't spend all their time supervising employees. Ideally, they should spend most of their work hours doing non-managerial activities. The number of people that each manager can effectively supervise and at the same time complete their work in a timely manner depends on many factors. These include the job types of their subordinates, the type of product produced, the management style of the company, the personalities, and the size of the organization.
