Answer:
The correct answer is letter "B": The price will not increase but firms will increase the quantity supplied to promote the social interest.
Explanation:
Perfectly competitive markets are characterized by having companies offering an undifferentiated product, being price takers because firms posses a small market share which does not allow them to have a major influence in the price, and by free entry and exit of competitors.
Then, <em>if there is a shortage of clean drinking water in a local market that is perfectly competitive, the shortage would not last much since new producers would enter the market to process water so it can be offered purified. As drinking water is a basic good, the number of organizations entering the market is likely to be substantial.</em>
Answer:
$274.54
Explanation:
Given:
n = 15 years
Future Value, FV = 1000
rate, r = 9%
Required:
Find the initial price of the bond
Given that we have a zero coupon bond here, it means the par value is paid at date of maturity, and no issuer pays no regular coupon payment.
To find the initial price of the bond, use the formula:
Substitute figures:
The initial price of the bond should be $274.54
The safety need should now be met. Under Abraham Maslow’s
hierarchy of needs, this is next to physiological needs; this discusses about the
need of security and protection. These needs have to do with our natural yearning
for a foreseeable and arranged world that is somewhat within our limit. In terms
of workplace, an example of the safety need would be one should feel safe inside
the working environment that the individual should feel that nothing would
happen inside while he or she is working.
Savings account has a limit of 6 withdrawals per month, while checking account does not, is s one downside of using a savings account instead of a checking account.
<h3>What is meant by
checking account?</h3>
Checking account is the regular account that facilitates the customer to deposits a withdrawal the money any time with no number of limit.
Checking accounts provides the limitless translation to the customer, and for this use businessman or businesswomen uses this account.
Thus, option B is correct.
For more details about checking account, click here:
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Answer:
Part A) D. $137,500
Part B) C. $140,250
Explanation:
Part A) The computation of annual salary payment is shown below:-
Annual salary = Donation made × Interest rate
= $2,500,000 × 5.5%
= $137,500
So, for computing the annual salary we simply multiply the donation made with interest rate.
Part B) The computation of starting salary is shown below:-
Starting salary = Annual salary + Increased annual salary
= $137,500 + 2%
= $140,250
Therefore for computing the starting salary we simply added the annual salary with increased annual salary.
