Answer:
6.14%
Explanation:
The rate of return for the date given in the question for the asset shall be determined through calculating Internal rate of return on this asset, which shall be calculated as follows:
Year Cash flow Present [email protected]% Present [email protected]%
0 ($7,250) ($7,250) ($7,250)
1 $750 $714.29 $681.82
2 $1,000 $907.03 $826.45
3 $850 $734.26 $638.62
4 $6,250 $5,141.89 $4,268.83
$247.7 ($834.28)
IRR=A%+[a/(a-b)*(B%-A%)]
A%=5%, a=$247.7 B%=10% b=(834.28)
IRR=5%+[247.7/(247.7+834.28)*(10%-5%)]
IRR=6.14%
Answer:
Increase, Decrease
Explanation:
A decrease in the supply results in many buyers competing for very few goods. If the demand is constant, the quantity supplied and price have an indirect relationship. A decrease in the volume of supplied results in an increase in price. Many buyers will be competing for a few products causing the equilibrium price to increase.
A decrease in supply will cause the quantity available for buyers to buy to decline. Consequently, the volume purchased will be fewer. Equilibrium quantity will, therefore, decrease.
Answer:
The answer is B. very wide differences in the standard of living
Explanation:
Economists use Gross Domestic Product (GDP) which is the final value of all goods and services produced within a country during a given period of time, usually a year as the ultimate yardstick for measuring and ranking countries' wealth, standard of living and/or illiteracy level.
And GDP per capita measures a country's economic output per person. It is by dividing the GDP of a country by its total population. Countries with the highest value are known to have a high standard of living, better health care and high literacy level and vice-versa.
First, it really important for me not to raise my voice. i need to maintain my emotion no matter how rude the customer on the phone might be.
Then i will patiently explain the truth about the situation (her friend did not book at my hotel) and i will try to calmly persuade her to ask her friend about the further detail of the booking