Answer: 10.3%
Explanation:
The borrower is to pay 3 points on the loan to get it which means that the effective total they are getting is:
= 13,000 * ( 1 - 3%)
= $12,610
The borrower will also have to pay an interest of 7% so the total to pay back is:
= 13,000 * ( 1 + 7%)
= $13,910
Interest actually paid:
= Amount to paid back / Amount to be received - 1
= (13,910 / 12,610) - 1
= 10.3%
Most time, the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.
<h3>When do firm maximize profits?</h3>
Most time, a firm will prefer to maximize profit in order tooIncreased its brand loyalty.
Most time, when a firm is able to cut prices and gain more customers, it will gain bigger exposure and brand loyalty and this will enables the firm to be more prominent in the market.
In costing, the the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.
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Options: A. 70% B.30% C.10% D.50%
Answer:10%
Explanation:Formal training is a type of training program conducted by formal Organisations where the employees are assembled in a classroom and are trained by professionals.
Most of the trainings taking place in Organisations are informal which doe not require any classroom activities,informal trainings are trainings which are that does not require any proper or well laid down procedures they are usually done ON THE JOB, or through APPRENTICESHIP etc.
Answer: Please refer to Explanation
Explanation:
(a) A rise in the average price of inputs
DECREASE because it is now less profitable for suppliers so they will produce less.
(b) An increase in worker productivity;
INCREASE because total cost is reduced as more goods are being produced per cost.
(c) Government antipollution regulations become stricter.
DECREASE (unless the increase in antipollution device production outweighs the decline in production caused by the increased cost of the regulations)
(d) A new subsidy program is enacted for new business investment in productive equipment.
INCREASE as the subsidy program will lower the cost of inputs so Suppliers will produce more goods.
(e) Energy prices decline.
INCREASE as there again would be Lower Input Costs thus pushing Suppliers to produce more.
<span>What did the Nixon administration do to help close the economic gap between blacks and whites? Nixon's administration developed the civil rights law concerning blacks and whites to end discrimination and racial activity within the United States. Civil rights laws were developed to guarantee rights and equal treatments between different types of individuals. No discrimination allowed. </span>
