Answer:
The correct option is C: "as evidence that Balin is not acting purely in his self-interest."
Explanation:
The fact that Balin actually had the choice to purchase the same quality of cocoa at better or lower prices, but however decides to purchase the fair trade cocoa which was more expensive just to show his concern for the right of workers and environmental sustainability, Behavioral economist would see this as evidence that Balin is acting not because of his self-interest but passion for the rights of others.
Answer:
The PV is 125,000
Explanation:
We need to solve for the present value of a perpetuity:
The yearly amounts are 10,000
while the current interest rate is 8% = 8/100 = 0.08
10,000 / 0.08 = 125,000
the perpetuity is worth 125,000 dollars
Note, when the market rate changes the value of the perpetuity also changes as the constant cash flow is dividend over a larger or lower rate generating smaller or higher amounts, respectively
The process of using increasingly severe steps when an worker fails to correct a problem although being given a reasonable opportunity to do it.
Answer:
True
Explanation:
Welfare is a general term for economic and social assistance programs.
Answer:
3200 tonnes
Explanation
Production of rice in 2001 =1000 tonnes
% rice to total production = 25%
Total production =100/25 *1000 = 4000 tonnes
2002 production of rice decrease by 4%
Decrease = 4% * 1000 = 40
Production of rice =960
% production of rice increase by 5% = 25%+5%= 30%
Total food production 100/30*960 =3200 tonnes