Answer: $24,747.92
Based on the given amounts of increased in savings for the first 3 months, we have the following assumptions:
1) That the savings increase by 2.44% monthly
$18,962.50 -18,500=462.50, 462.50/18962*100=2.44%
$19,436.56--$18,962.50=$474.06, 474.06/19,436.56*100=2.44%
$19,922.48-$19,436.56=485.92, 485.92/19,922.48*100=2.44%
2) That the monthly interest for the first 3 months had an incremental of $0.30 monthly
462.50,474.06 and 485.92 has an incremental of 11.56 and 11.86 (with a difference of .30)
Continuing on with the increments gives savings of $24,747.92 in the 12th month.
<span>Profit is the payment to
entrepreneurship. When the entity’s amount earned exceeds the amount spent in
buying, operating, or producing something and it has a financial gain, this is
then the term we call the profit. This
is what an entity obtains when the amount of revenue from a business activity exceeds
the expenses, costs and taxes which are all needed to sustain the activity. The
owner may or may not decide to use the profit on the business. This is also defined as the money the
business makes after all the expenses have been taken into account. It is any
company’s goal to consistently earn profit. This is the reason why much of
business performance is based on the various forms related to profitability. </span>
First of all, GDP does not include household production, production from the underground economy, intermadiate goods or intermediate servces. That is because we define GDP to be the total of all market values of all final goods and services in the country. Hence, the correct answer by the above definition cannot be d. The point of that definition is that household products cannot have a market value and that if we counted towards the GDP both the value of a Graphics Card and that of the PC, we would double count the value of the Graphics Card, thus overestimating the GDP. We see that the value of new houses are included in GDP since they need materials and services and they have a market value, so b is also excluded. Finally, we have shown that b is true but that this is a good thing and leads to a better estimate of total production; the correct answer is a. Here is an example. If there is an economy where in every house there is plenty of wood and people make wood dolls out of tradition, these dolls will not have a market value if they are kept by the people who made them. Nonetheless they are products too and everyone could just try to sell them the next day at a reasonable price; then, the GDP would get a bump out of nowhere, because it cannot account for household items or the underground economy.
Answer:
True, an ethical issue is an identifiable problem/ situation or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical.
Explanation:
Ethical issues arise when a given decision scenario or activity creates a conflict with a society's moral principles. Both businesses and individuals can be involved in these conflicts and sometimes these conflicts can be legally dangerous as some alternative to solve them might breach a particular law.
If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
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